Opportunity knocks with this fixer-upper with endless potential! This 2-bedroom, 1-bath home sits on a large lot and is perfect for investors or buyers ready to roll up their sleeves. Inside you'll find original charm, hardwood floors, and a practical layout ready for your personal touch. The unfinished basement offers additional space for storage or expansion. Great location near parks, schools, and local amenities. Whether you're looking to renovate and flip or create a cozy home with sweat equity, this property is full of possibilities.
Closed
$265,000
5045 Penn Ave S, Minneapolis, MN 55419
2beds
946sqft
Single Family Residence
Built in 1920
5,227 Square Feet Lot
$265,100 Zestimate®
$280/sqft
$2,061 Estimated rent
Home value
$265,100
$244,000 - $289,000
$2,061/mo
Zestimate® history
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$1,676/mo
Est. payment
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$1,676/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mitchel Herian 763-219-3083,
Kris Lindahl Real Estate
Bought with:
Danielle Cifuentes
Assembly MN LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6760052
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 109.25 Square Feet
- Dimensions: 11.5X9.5
Bedroom 2
- Level: Main
- Area: 99.75 Square Feet
- Dimensions: 9.5X10.5
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 8X12.5
Living room
- Level: Main
- Area: 230 Square Feet
- Dimensions: 20X11.5
Heating
- Boiler, Radiator
Cooling
- None
Appliances
- Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer
Features
- Basement: Block,Daylight,Unfinished
- Fireplace features: Free Standing, Wood Burning Stove
Interior area
- Total structure area: 946
- Total interior livable area: 946 sqft
- Finished area above ground: 946
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Electric, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21.5X21.5)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Partial,Privacy,Wood
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 127
Details
- Foundation area: 706
- Parcel number: 1602824320019
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Thornton Park 2nd Div
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $385,000
- Annual tax amount: $4,987
- Date on market: 7/23/2025
- Cumulative days on market: 65 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $265,000-1.9%$280/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6760052 Report a problem | ||
| 9/18/2025 | Pending sale | $270,000$285/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6760052 Report a problem | ||
| 9/16/2025 | Listing removed | $270,000$285/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6760052 Report a problem | ||
| 7/23/2025 | Listed for sale | $270,000-8.5%$285/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6760052 Report a problem | ||
| 7/21/2025 | Listing removed | $295,000$312/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6753466 Report a problem | ||
| 7/11/2025 | Listed for sale | $295,000+35.9%$312/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6753466 Report a problem | ||
| 7/8/2025 | Sold | $217,000$229/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,257 +4.4% | $385,000 +10% |
| 2024 | $5,036 +2.8% | $350,000 -5.1% |
| 2023 | $4,900 -0.1% | $369,000 +3.7% |
| 2022 | $4,904 +10.5% | $356,000 +5% |
| 2021 | $4,439 -2.6% | $339,000 +6.9% |
| 2020 | $4,555 +2.6% | $317,000 +5% |
| 2019 | $4,439 -2.6% | $302,000 +5% |
| 2018 | $4,555 +14.3% | $287,500 +16.6% |
| 2017 | $3,984 +1.7% | $246,500 |
| 2016 | $3,917 -3% | $246,500 +3.8% |
| 2015 | $4,040 -0.7% | $237,500 +14.2% |
| 2014 | $4,067 +28.7% | $208,000 +2.2% |
| 2013 | $3,160 -4.1% | $203,500 -5.3% |
| 2012 | $3,297 -4.2% | $215,000 -5.3% |
| 2011 | $3,441 +10.4% | $227,000 -3.6% |
| 2010 | $3,116 -1.2% | $235,500 |
| 2009 | $3,153 +12.2% | $235,500 +6.1% |
| 2006 | $2,810 +12% | $221,900 +15% |
| 2005 | $2,510 +10.2% | $193,000 +14.9% |
| 2004 | $2,279 +12.3% | $167,900 +19.1% |
| 2002 | $2,029 -54.7% | $141,000 |
| 2001 | $4,480 | -- |
Find assessor info on the county website
Neighborhood: Lynnhurst
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Nearby schools
GreatSchools rating
- 10/10Burroughs Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Justice Page Middle SchoolGrades: 6-8Distance: 1.5 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$265,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$265,100
- Minnesota
- Hennepin County
- Minneapolis
- 55419
- Lynnhurst
- 5045 Penn Ave S
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