2121 Penn S Avenue, Minneapolis, Minnesota 55405

MN, Minneapolis
$1,229,000
  • 8 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1915 Year Built
  • Active Status
See All 50 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7071394
  • Price: $1,229,000
  • Year Built: 1915
  • Listing Status: Active
  • Office Name: Coldwell Banker Realty - Lakes
  • Property Sub Type: Fourplex
  • Roof: Flat,Age 8 Years or Less
Features
  • Swimming Pool None
  • Heating System Hot Water,Boiler
  • Basement Full,Daylight/Lookout Windows,Partially Finished,Shared Access,Storage Space,Unfinished,Storage/Locker
  • Parking On-Street Parking Only
  • Exterior Features Stone
  • Laundry Features Common Area,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55405
  • Street: Penn
  • Street Number: 2121
  • Street Suffix: Avenue
  • Longitude: W94° 41' 31.1''
  • Latitude: N44° 57' 39.3''
  • Directions: West Lake of the Isles Parkway to Penn Ave, north to property.
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Coldwell Banker Realty - Lakes
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Laundry,Coin-op Laundry Owned
  • Building Size: 7569
  • Construction Materials: Frame
  • Electric: Circuit Breakers,Service - 60 Amp
  • Foundation Details: Concrete Perimeter,Brick/Mortar
  • Levels: Two
  • Lot Size Dimensions: 130x50
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 14160
Listing Information
  • Co List Agent Mls Id: 502001753
  • Co List Office Name: Coldwell Banker Realty - Lakes
  • List Agent Mls Id: 502017569
  • List Office Mls Id: 5116
  • Modification Timestamp: 2026-06-08T17:27:07Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$