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5633 Penn Avenue S, Minneapolis, MN 55419

Status: Sold

2 units
1,819 sq ft 2 garage spaces

$425,000

$20,100 from List Price

WELCOME HOME

Get to know this property.

Rare duplex property in Southwest Minneapolis. Perfect match for an owner occupant or investor. Ready for renters immediately or add bedrooms/bathrooms to enhance and maximize the income potential of this property. A very walkable and prime location near everything at 54th and Penn Ave S plus close proximity to Lake Harriet, Linden Hills, local unique eateries and centrally located for easy access to the entire Twin Cities area. This side by side duplex faces west towards the green space and trees of the neighborhood favorite Armatage Park. Each side features 2 bedrooms and a full bathroom on the main level. Welcoming and open layouts and flow with bedrooms away from main living area. Original hardwood floors on the main. Freshly painted interiors. 2-car detached garage with no alley. Built in 1950 with an all brick exterior. New roof on home and garage in 2024. Full concrete block wall in lower level keeps each side 100% divided and private. Tons of storage space in the number of closets on the main level and in the lower level. Easily add more living space and increase finished sq. footage in the lower levels. Features completely separate front and side entrances for each unit. Minimal steps in and out of each unit and the garage is very close and accessible for each side. Dividing up the utilities is easy due to 2 separate electric meters at back of the home and 2 separate gas meters at the front. Clean City of Minneapolis TISH Report with no required repairs and city-issued COA. A unique property with many positives in a prime Southwest Minneapolis location! Begin renting out immediately. Many possibilities exist for this special home! Prime location centrally located to all of the Twin Cities area.

The details that matter.

General Property Information for 5633 Penn Avenue S, Minneapolis, MN 55419 - MLS# 7100406
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1950
Type of Property:
Multi Family Residence
Style:
Duplex Side by Side
Stories/Levels:
1 Story
Total SqFt:
1,819
Total Fnsh'd SqFt:
1,819
Above Ground SqFt:
1,819
Finished Above Grade:
1,819
Below Ground SqFt:
1,638
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
404
Main Floor SqFt:
1,819
Approx Lot Dimensions:
60 x 133
Approx Number of Acres:
0.18
Income and Expenses
Gross Income:
$38,400
Total Expenses:
$0

A closer look at the location.

Hwy 62 to north on Penn Ave S, property on the right.

This listing has been entered by the following office: Compass

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity 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 Broker Reciprocity or the Broker Reciprocity logo 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.

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