$225,000

242 Penn Avenue N, Minneapolis, MN 55405

Save Contact

$225,000

242 Penn Avenue N Minneapolis, MN 55405

For Sale MLS# 7075078

4 beds 1 baths 1,312 sq ft Single Family

Comments

Notifications

To receive email notifications, you need to update your profile with your email address.
Data current as of 01/06/2026 16:32:12

Details for 242 Penn Avenue N

MLS# 7075078

Description for 242 Penn Avenue N, Minneapolis, MN, 55405


Welcome home to this beautifully updated 4-bedroom gem in Minneapolis’ desirable Harrison neighborhood, just north of Bryn Mawr! Whether you’re a first-time buyer, growing household, or investor, this home offers the perfect blend of comfort, convenience, and value. Inside, you’ll find a completely updated bathroom, and the kitchen has new lower cabinets, countertops, hardware, and flooring. The hardwood floors on the main level were refinished in 2024, and the lower-level flooring was replaced in May 2026. This bright, functional layout is designed for everyday living. Major updates provide peace of mind, including a full exterior repaint completed in 2024 and a brand-new roof scheduled for completion on June 2, 2026. The spacious 2-car garage adds extra storage and convenience year-round. Enjoy an unbeatable location close to parks, schools, public transit, and downtown amenities. Commuting is easy with nearby Target Field Station and Olson & Penn Station, while Bryn Mawr Meadows Park offers green space just minutes away. Affordable and packed with potential—this is an opportunity you won’t want to miss!

Listing Information


Property Type: Residential, Single Family

Status: Active

Bedrooms: 4

Bathrooms: 1

Lot Size: 0.12 Acres

Square Feet: 1,312 sq ft

Year Built: 1900

Foundation: 876 sq ft

Garage: Yes

Stories: 1.5 Stories

Subdivision: F W Malmstens Add

County: Hennepin

Days On Market: 3

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Room Information


Main Floor

Dining Room: 14 x 12

Flex Room: 10 x 9

Kitchen: 10 x 11

Living Room: 13 x 11

Upper Floor

Bedroom 1: 15 x 10

Bedroom 2: 11 x 10

Lower Floor

Bedroom 3: 10 x 8

Bedroom 4: 12 x 9

Bathrooms

Full Baths: 1

Additonal Room Information

Dining: Informal Dining Room

Laundry: In Basement

Bath Description: Main Floor Full Bath

Interior Features


Square Footage above: 1,126 sq ft

Square Footage below: 186 sq ft

Basement: Full, Egress Windows, Finished (Livable)

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage, Garage Dimensions - 20 x 20, Garage Sq Ft - 400.0

Exterior: Wood

Roof: Age 8 Years or Less

Lot Dimensions: 126 x 40 x 126 x 40

Zoning: Residential-Single Family

Fencing: Wood, Chain Link, Partial

Additional Exterior/Lot Features: Tree Coverage - Medium, Public Transit (w/in 6 blks), Road Frontage - City

Driving Directions


From I94, Exit at Hwy 55. Go West on 55 to Penn Ave. Go South on Penn. Property is located on the East side of Penn.

Financial Considerations


Other Annual Tax: $2,024

Tax/Property ID: 2102924330121

Tax Amount: 3854

Tax Year: 2025

HomeStead Description: Non-Homesteaded

Property price
$
Down payment
$
%
Select Interest Rate
%
Loan term
Property taxes
$
/yr
HOA dues
$
/mo
Homeowners insurance
$
/yr
$0/yr
Show advanced features

Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 242 Penn Avenue N

Schools in attendance boundaries Grades Distance Rating
Loading...


Schools nearby Grades Distance Rating
Loading...

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Coming soon properties will soon be on the market, but are not yet available for showings.

Loading...