$499,500

5535 Penn Avenue S, Minneapolis, MN 55419

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$499,500

(30,400) 11/03/2025

5535 Penn Avenue S Minneapolis, MN 55419

For Sale MLS# 6791869

6 beds 3 baths 3,090 sq ft Multi-family

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Data current as of 16/12/2025 00:08:35

Details for 5535 Penn Avenue S

MLS# 6791869

Description for 5535 Penn Avenue S, Minneapolis, MN, 55419


Great Owner occupied opportunity with 5535 currently on a month to month lease. 5537 is currently rented with a 1 year lease that began July 2025. Lease payment for each unit is $1800/month. 3 Bedrooms in each side with 1 full and 1 1/4 Bathrooms with large lower level Family Room walking out to Back Yard. Separate Garage stall for each unit. Washer and Dryer, Range or Cooktop plus Refrigerator included with each unit. Maintenance free exterior. 24 hour notice required for all showings.

Listing Information


Property Type: Multi-family, Duplex Side by Side

Status: Active

Bedrooms: 6

Bathrooms: 3

Lot Size: 0.19 Acres

Square Feet: 3,090 sq ft

Year Built: 1959

Foundation: 1,840 sq ft

Garage: Yes

Stories: 1 Story

Subdivision: Pennhurst 2nd Add

Number Of Units Total: 2

County: Hennepin

Days On Market: 87

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Additonal Room Information

Laundry: Lower Level

Interior Features


Square Footage above: 1,840 sq ft

Square Footage below: 1,250 sq ft

Basement: Egress Windows, Finished (Livable), Walkout

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage, Driveway - Asphalt, Garage Sq Ft - 0.00

Exterior: Stucco, Brick/Stone

Roof: Pitched, Age Over 8 Years, Asphalt Shingles

Lot Dimensions: 65 X 126

Zoning: Residential-Multi-Family

Fencing: Chain Link

Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City, Curbs

Driving Directions


Highway 62 to Penn Ave, North to Home

Financial Considerations


Tenant Pays: Cable T.V.,Electric,Gas

Owner Pays: Exterior Maintenance,Insurance,Repairs,Roof Maintenance,Taxes,Trash,Water

Gross Income: 43200

Expense: 16937

Tax/Property ID: 2102824220180

Tax Amount: 8797

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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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 Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 5535 Penn Avenue S

Schools in attendance boundaries Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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.

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