5300 Penn Avenue S, Minneapolis, MN 55419
Local realty services provided by:ERA Viking Realty
5300 Penn Avenue S,Minneapolis, MN 55419
$574,900
- 4 Beds
- 2 Baths
- 2,380 sq. ft.
- Multi-family
- Active
Listed by: robert e kessler, jose a kosar
Office: coldwell banker realty - lakes
MLS#:7091892
Source:NSMLS
Price summary
- Price:$574,900
- Price per sq. ft.:$161.67
About this home
Exceptional Up/Down Duplex Near Lake Harriet & Minnehaha Creek. Discover a rare opportunity to own a charming and versatile duplex ideally located on the corner of 53rd Street and Penn Avenue, just one block from scenic Minnehaha Creek and only five blocks south of Lake Harriet. This property features two spacious units, each offering a thoughtfully designed layout that includes a bright living room, formal dining room, full kitchen, two bedrooms, one full bathroom, and a cozy fireplace. The main-level unit showcases beautiful hardwood floors throughout, while the upper unit is comfortably carpeted, providing an added layer of quiet and privacy for tenants. Each unit includes its own garage stall, adding convenience and value for occupants. The unfinished lower level presents outstanding expansion potential and includes an additional fireplace—bringing the total to three fireplaces throughout the home.
Whether you're an investor seeking strong rental income, an owner-occupant looking to offset expenses, or exploring short-term rental opportunities such as Airbnb, this property offers exceptional flexibility. Current rents are below market, presenting immediate value-add potential.Enjoy an unbeatable lifestyle with easy access to nearby beaches, popular biking and walking trails, and neighborhood favorites like Broders’ Pasta Bar, Nico’s Tacos, and more — all just minutes away. A unique blend of location, character, and income potential—this is one you won’t want to miss....
Contact an agent
Home facts
- Year built:1960
- Subdivision & Development:Rerats Creekside Add
- Listing ID #:7091892
- Added:45 day(s) ago
- Updated:August 01, 2026 at 12:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Basement:Yes
- Basement Description:Block, Full
- Living area:2,380 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Age Over 8 Years
- Year built:1960
- Building area:2,380 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner Lot, Tree Coverage - Light
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$574,900
- Price per sq. ft.:$161.67
- Tax amount:$10,519 (2026)
Parking
- Parking description:Asphalt, Detached Garage
- Garage:Yes
- Garage spaces:2
New listings near 5300 Penn Avenue S
- Coming Soon
$850,000Coming Soon10 beds 4 baths2316 25th Avenue S, Minneapolis, MN 55406
MLS# 7117814Listed by: RE/MAX RESULTS - Coming Soon
$524,900Coming Soon3 beds 3 baths2341 Taft Street Ne, Minneapolis, MN 55418
MLS# 7119915Listed by: COLDWELL BANKER REALTY - LAKES - New
$499,900Active4 beds 3 baths2,250 sq. ft.1308 W 24th Street, Minneapolis, MN 55405
MLS# 7119736Listed by: NATIONAL REALTY GUILD
$1,100,000Pending5 beds 4 baths3,851 sq. ft.4836 Harriet Avenue, Minneapolis, MN 55419
MLS# 7108392Listed by: COLDWELL BANKER REALTY - SOUTHWEST REGIONAL- Coming Soon
$609,900Coming Soon3 beds 2 baths720 W 53rd Street, Minneapolis, MN 55419
MLS# 7107003Listed by: DRG - New
$240,000Active3 beds 2 baths1,385 sq. ft.1907 25th Avenue N, Minneapolis, MN 55411
MLS# 7115358Listed by: EXP REALTY - New
$319,000Active2 beds 2 baths1,207 sq. ft.519 S 9th Street S #1, Minneapolis, MN 55404
MLS# 7117153Listed by: BUYRENTSELL.COM, LLC - Open Sun, 1 to 3pmNew
$695,000Active3 beds 3 baths1,924 sq. ft.2790 Dean Parkway, Minneapolis, MN 55416
MLS# 7117604Listed by: KELLER WILLIAMS REALTY INTEGRITY LAKES - Open Sun, 1 to 2:30pmNew
$294,500Active2 beds 1 baths768 sq. ft.2929 34th Avenue S, Minneapolis, MN 55406
MLS# 7118318Listed by: COLDWELL BANKER REALTY - New
$519,900Active6 beds 3 baths3,436 sq. ft.2209 Aldrich Avenue S, Minneapolis, MN 55405
MLS# 7119612Listed by: FUZE REAL ESTATE