This turnkey duplex sits three blocks from Lake Harriet and close to Minnehaha Creek, near fabulous restaurants like Broders and great neighborhood shopping. Each unit has 3 bedrooms, with the third tucked down a back hallway, meaning it’s private and out of sight, making it also ideal as a home office. Add separate washers and dryers, original woodwork and built-ins, and updates throughout. One unit rents for $2,380 with room to raise, and the owner's unit can go straight to market rate. Outside, enjoy a quiet brick patio plus a 2-car garage and two off-street spaces. Live in one unit and let the other help cover the mortgage, or add it to your investment portfolio in one of Minneapolis's best lake neighborhoods.
Pending
$650,000
5053 Penn Ave S, Minneapolis, MN 55419
6beds
2baths
2,146sqft
:
Get pre-qualified$4,131/mo
Duplex Up and Down
Built in 1923
-- sqft lot
$-- Zestimate®
$303/sqft
$-- HOA
What's special
- 17 days |
- 1,561 |
- 100 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kari M Lundin 612-290-5998,
Keller Williams Realty Integrity
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7100786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Boiler
Appliances
- Laundry: In Basement
Features
- Basement: Block
Interior area
- Total structure area: 3,219
- Total interior livable area: 2,146 sqft
- Finished area above ground: 2,146
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Patio, Rear Porch
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 128
Details
- Foundation area: 1073
- Parcel number: 1602824320017
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Thornton Park 2nd Div
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $592,900
- Annual tax amount: $9,467
- Date on market: 7/7/2026
- Cumulative days on market: 12 days
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Pending sale | $650,000$303/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7100786 Report a problem | ||
| 7/13/2026 | Listed for sale | $650,000+21.5%$303/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7100786 Report a problem | ||
| 2/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/17/2020 | Sold | $535,000+39.3%$249/sqft |
Source: Public Record Report a problem | ||
| 8/1/2020 | Listing removed | $1,950$1/sqft |
Source: Owner Report a problem | ||
| 7/28/2020 | Price change | $1,950+5.4%$1/sqft |
Source: Owner Report a problem | ||
| 7/9/2020 | Price change | $1,850-2.6%$1/sqft |
Source: Owner Report a problem | ||
| 7/6/2020 | Listed for rent | $1,900+5.6%$1/sqft |
Source: Owner Report a problem | ||
| 6/18/2018 | Listing removed | $1,800$1/sqft |
Source: Owner Report a problem | ||
| 6/10/2018 | Price change | $1,800-2.7%$1/sqft |
Source: Owner Report a problem | ||
| 6/2/2018 | Listed for rent | $1,850-2.6%$1/sqft |
Source: Owner Report a problem | ||
| 4/11/2017 | Listing removed | $1,900$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/5/2017 | Price change | $1,900+5.6%$1/sqft |
Source: Trakai Properties, LLC Report a problem | ||
| 3/7/2017 | Listed for rent | $1,800$1/sqft |
Source: Trakai Properties, LLC Report a problem | ||
| 6/12/2015 | Sold | $384,000-5.4%$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4600509 Report a problem | ||
| 5/27/2015 | Pending sale | $405,900$189/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4600509 Report a problem | ||
| 5/20/2015 | Listed for sale | $405,900-11.7%$189/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4600509 Report a problem | ||
| 10/15/2010 | Listing removed | $459,900$214/sqft |
Source: Lakes Sotheby's International Realty #3846418 Report a problem | ||
| 11/20/2009 | Listed for sale | $459,900+14.7%$214/sqft |
Source: Lakes Sotheby's International Realty #3846418 Report a problem | ||
| 10/24/2002 | Sold | $401,000+23.4%$187/sqft |
Source: Public Record Report a problem | ||
| 9/6/2001 | Sold | $325,000+49.1%$151/sqft |
Source: Public Record Report a problem | ||
| 9/18/1998 | Sold | $218,000$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,958 +7.1% | $592,900 +1.4% |
| 2024 | $8,365 +11.2% | $585,000 -5% |
| 2023 | $7,519 +10.4% | $616,000 +10.2% |
| 2022 | $6,811 -15.3% | $559,000 +13.7% |
| 2021 | $8,039 -7.5% | $491,500 |
| 2020 | $8,693 +8.1% | $491,500 |
| 2019 | $8,039 -7.5% | $491,500 |
| 2018 | $8,693 +8% | $491,500 +23.2% |
| 2017 | $8,052 +7.7% | $399,000 +5% |
| 2016 | $7,477 +1.9% | $380,000 +2.4% |
| 2015 | $7,338 -5.3% | $371,000 +15% |
| 2014 | $7,752 +8.1% | $322,500 |
| 2013 | $7,168 +2.7% | $322,500 |
| 2012 | $6,977 -5.4% | $322,500 -9.8% |
| 2011 | $7,376 +2.9% | $357,500 -9.9% |
| 2010 | $7,165 -1% | $397,000 |
| 2009 | $7,237 +11.6% | $397,000 +5.8% |
| 2006 | $6,486 +9% | $375,100 +15% |
| 2005 | $5,948 +8.7% | $326,200 +16.5% |
| 2004 | $5,471 +12.5% | $280,100 +14.7% |
| 2002 | $4,865 -52.7% | $244,200 |
| 2001 | $10,276 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lynnhurst
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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A local agent can set up tours, give advice and negotiate with sellers.
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