2121 Penn Avenue S, Minneapolis, MN 55405
Status: For Sale
$1,229,000
WELCOME HOME
Get to know this property.
Beautiful all-brick 4-plex just a half block from Lake of the Isles in the coveted Kenwood neighborhood. This classic building showcases timeless craftsmanship, with interior units featuring natural oak woodwork and hardwood floors. Three units include original built-in buffets and elegant room dividers with bookcases separating the living and dining rooms. A previous owner thoughtfully opened the sunroom and living room in Unit 1, creating an expansive, inviting space rarely found in buildings of this era. Over the years, all kitchens have been updated with a clean, modern style that complements the building’s historic character. Major mechanical updates provide peace of mind and strong rental appeal: tenants pay their own heat and electricity, supported by four newer boilers (2017), four individual hot water heaters, and separate updated electrical panels. The roof was replaced in 2020 with a durable Duro-Last system, and the sewer line was fully lined in 2025. Opportunities like this are rare—don’t miss one of the finest 4-plexes in the city, steps from the lake, parks, trails, and everything that makes Kenwood one of Minneapolis’ most desirable neighborhoods.
The details that matter.
A closer look at the location.
West Lake of the Isles Parkway to Penn Ave, north to property.
This listing has been entered by the following office: Coldwell Banker Realty - Lakes
The data relating to real estate for sale on this web site comes in part from the 
Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the or the 
and detailed information about them includes the name of the listing brokers.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.