4949 Penn Avenue S, Minneapolis, MN 55419

Local realty services provided by:ERA Gillespie Real Estate
#1#2#3
4949 Penn Avenue S,Minneapolis, MN 55419
$620,000
  • - Beds
  • - Baths
  • 2,388 sq. ft.
  • Multi-family
  • Active
Listed by:alison heathcote
Office:fox realty
MLS#:6715705
Source:NSMLS

Price summary

  • Price:$620,000
  • Price per sq. ft.:$190.01

About this home

Two Units. One Smart Move! This charming and well-maintained up/down duplex sits on a highly coveted block near 50th & Penn—just 1.5 blocks south of Lake Harriet. Enjoy easy access to the beach, biking and walking trails, and beloved neighborhood spots like Broders’ Pasta Bar, Nico’s Tacos, and more—all less than a block away. This is no ordinary duplex. Each unit offers 2 bedrooms, an office and 1 bathroom. A tuck-under garage is a lovely surprise—perfect for those chilly Minnesota winters. Roof was replaced in 2015, all windows have been updated, and numerous thoughtful upgrades have been made throughout. Whether you're an investor or an aspiring owner-occupant, this rare gem offers exciting income potential. Dreaming of an Airbnb? Looking to live in one of the city's most desirable neighborhoods while offsetting your mortgage? Ask us about what nearby rentals are bringing in—you'll be pleasantly surprised by the numbers.

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Home facts

  • Year built:1925
  • Listing Id #:6715705
  • Added:100 day(s) ago
  • Updated:July 13, 2025 at 03:09 PM

Rooms and interior

  • Living area:2,388 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt, Pitched
  • Year built:1925
  • Building area:2,388 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$620,000
  • Price per sq. ft.:$190.01
  • Tax amount:$9,339 (2024)
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