3229 Penn N Avenue, Minneapolis, Minnesota 55412

MN, Minneapolis
$350,000
  • 6 Beds
  • 2 Bath
  • Residential Income Property Type
  • 1963 Year Built
  • Active Status
See All 43 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Fantastic investment opportunity! This well-maintained and updated true up-and-down duplex offers strong rental income, excellent potential, and easy rental appeal. Top Unit is owner occupied and the bottom unit is 1200/month Each spacious unit features 3 bedrooms, 1 bathroom, beautiful hardwood floors, a separate furnace and water heater, and tenant-paid utilities. Built in 1963, this solid duplex also features coin-operated laundry, off-street parking, and numerous updates throughout. The basement offers additional space with potential to add a third unit, subject to city approval. With large units, separate utilities, strong rents, and a desirable layout, this is a great opportunity for an investor looking for a turn-key, income-producing property with additional upside.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7146328
  • Price: $350,000
  • Year Built: 1963
  • Listing Status: Active
  • Office Name: RE/MAX Results
  • Property Sub Type: Duplex Up and Down
  • Roof: Age Over 8 Years
Features
  • Heating System Forced Air
  • Basement Full,Daylight/Lookout Windows,Shared Access,Unfinished
  • Parking Parking Lot,Paved Lot
  • Exterior Features Stone
  • Laundry Features Common Area,Lower Level
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55412
  • Street: Penn
  • Street Number: 3229
  • Street Suffix: Avenue
  • Longitude: W94° 41' 29''
  • Latitude: N45° 0' 51''
  • Directions: LOWRY AND PENN NO ON PENN TO HOME
  • Street Dir Suffix: N
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: RE/MAX Results
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 2016
  • Electric: Circuit Breakers
  • Foundation Details: Block
  • Levels: Two
  • Lot Features: Tree Coverage - Light
  • Lot Size Dimensions: 40X126
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 4038.98
Listing Information
  • Co List Agent Mls Id: 506019338
  • Co List Office Mls Id: 5353
  • Co List Office Name: RE/MAX Results
  • List Agent Mls Id: 502050540
  • List Office Mls Id: 5353
  • Modification Timestamp: 2026-09-18T14:31:08Z
  • Originating System Name: NorthStar
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