4949 Penn Avenue S Minneapolis, MN 55419

$659,000
Active
estimated monthly payment
2,388 Sq Ft  |  Duplex Up and Down  |  MLS # 6715705
Open House(s)
Sat, May. 10 12:00pm to 2:00pm
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About The Listing

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.


Listing courtesy of Alison Heathcote, Fox Realty
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1925
MLS #: 6715705
Square Feet: 2,388
Price Per Square Foot: $276
Garage Spaces: 2
Parking Description: Tuckunder Garage
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Hot Water
Basement: Daylight/Lookout Windows, Full
Construction Description: Stucco
Roof Description: Asphalt, Pitched
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 05/09/2025
List Date: 05/08/2025
Listing Agent ID: 502053721
Listing Office: Fox Realty
Listing Office ID: 25758
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 40x127
Lot Size: 0.12 Acres
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $9,339
Contingency Type: None
City: Minneapolis
Zip: 55419
County: Hennepin
Subdivision: Harriet Heights 2nd Div
State: MN

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Listing last updated: 05/09/25

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