PREVIOUSNEXT
3440 Penn Avenue N Minneapolis (MN) 55412
$300,000 Active
StatusActive Living Area3350 YR1946 School District1

Public Remarks

Live in the newly remodeled side (3440) and rent the other. This is a great opportunity for either an owner/occupant or a pure investor. The big stuff is done; high-efficiency furnaces in both units in 2016, new 100 amp electrical panels in both units 2022, water heater in 3440 in 2022. 3440 has remodeled kitchen, newly refinished hardwood in the living room & main level bedrooms, new carpet in the lower level. Both units have big non-conforming 3rd bedrooms in the lower level with large egress windows. Most of the exterior window trim was replaced with low-maintenance PVC in April 2025. Very stable, long-term tenant has been in 3442 since 2009. Her current lease runs through 12/31/25. Taxes are extremely low as both units are currently enrolled in the city's 4d affordable housing incentive program. Details available on City of Minneapolis website. The listing agent is the owner of the property and is a Realtor licensed in the State of Minnesota.

Quick Specifications

Price :
$300,000
Status :
Active
Property Type :
Residential Income
Year Built :
1946
Approx. Sq. Ft :
3350
School District :
1
Taxes :
$ 937
MLS# :
6715786

Interior Features

Foundation Size :
1730

Lot and Location

PostalCity :
Hennepin
Zip Code :
55412
Neighborhood :
Folwell
Directions :
Dowling to Penn Avenue, South to 3440/3442.
Complex/Development/Subd :
Egberts Add
Lot Description :
Public Transit (w/in 6 blks), Some Trees
Lot Dimensions :
40x126
Road Frontage :
City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Zoning :
Residential-Multi-Family
School District :
1
School District Phone :
612-668-0000

Structural Features

Class :
Residential Income
Basement :
Block, Drain Tiled, Egress Window(s), Finished, Full, Single Tenant Access, Sump Pump
Exterior :
Stucco
Accessibility Features :
None
Roof :
Age Over 8 Years, Architectural Shingle, Asphalt, Pitched
Sewer :
City Sewer/Connected
Water :
City Water/Connected

Financial Considerations

DPResource :
Y
Foreclosure Status :
No
Lender Owned :
No
Potential Short Sale :
No
Latitude :
45.018068
MLS# :
6715786
Style :
Duplex Side by Side
Complex/Development/Subd :
Egberts Add
Tax Amount :
$ 937
Tax With Assessments :
937.0000
Tax Year :
2025
Source: NorthStar MLS as distributed by MLS GRID


© 2025 Based on information submitted to the MLS GRID as of 2025-05-09 00:00:05 (Central Time) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Main Logo

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following.
Follow me.

Navigation

Let's stay in touch...

Digital Millennium Copyright Act (DMCA) Notices: The Digital Millennium Copyright Act of 1998, 17 U.S.C. 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to: Michael Bisping, Director of Customer Relations at Regional Multiple Listing Service of Minnesota, Inc., 2550 University Avenue West, Suite 259S, Saint Paul, MN 55114 or by email to mbisping@northstarmls.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.