Two units, just three blocks south of Lake Harriet and one block north of Minnehaha Creek. Prime location with excellent walkability and effortless access to parks, trails, shopping, and more. Each unit features one bedroom and one bathroom, and 1-car garage. Additional off-street parking. Living room flows into dining area. Hardwood floors throughout. The bedroom and bathroom are tucked towards the back of each unit. Mudroom hallway off back door entrance. Both units include a non-conforming bedroom or office in the lower level. Potential for expansion, as each basement is plumbed to add a second bathroom. Separate laundry areas and unfinished storage. Recent updates include a furnaces replaced in 2009 and newer refrigerators in both units. Whether you're an owner-occupant or an investor looking to continue renting both units, this duplex offers an outstanding opportunity in a vibrant, walkable community with unbeatable access to Minneapolis’s natural and urban attractions.
Closed
$412,000
5120 Penn Ave S, Minneapolis, MN 55419
2beds
2baths
2,856sqft
Duplex Side by Side
Built in 1942
-- sqft lot
$413,900 Zestimate®
$144/sqft
$1,998 Estimated rent
Home value
$413,900
$381,000 - $447,000
$1,998/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ryan A Haagenson 612-720-1382,
RE/MAX Results,
Kristina Dreis 612-990-6062
Bought with:
Sarah E Polovitz
Compass
Al Anderson
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6807404
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement, Lower Level, Laundry Room, Sink
Features
- Basement: Block,Full,Partially Finished
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
- Finished area above ground: 1,448
- Finished area below ground: 396
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Garage Dimensions (20x20)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Fencing: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 126
- Features: Tree Coverage - Medium
Details
- Foundation area: 1448
- Parcel number: 1702824410198
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Materials
- Block, Frame
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Reeve Park 3rd Div
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $473,700
- Annual tax amount: $7,326
- Date on market: 10/21/2025
- Cumulative days on market: 14 days
- Tenant pays: Electricity, Gas, Other
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Listing removed | $1,999$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/15/2026 | Listed for rent | $1,999+11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/8/2026 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2025 | Sold | $412,000+3%$144/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6807404 Report a problem | ||
| 11/6/2025 | Pending sale | $399,900$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807404 Report a problem | ||
| 10/23/2025 | Listed for sale | $399,900+160.5%$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807404 Report a problem | ||
| 8/24/2009 | Sold | $153,508-56.1%$54/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1688633 Report a problem | ||
| 8/22/2006 | Sold | $350,000+30.8%$123/sqft |
Source: Public Record Report a problem | ||
| 2/17/2005 | Sold | $267,500$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,600 +16.5% | $473,700 +17.5% |
| 2024 | $6,524 +2% | $403,000 +3.1% |
| 2023 | $6,399 -0.7% | $391,000 +2.9% |
| 2022 | $6,444 +11.4% | $380,000 +5% |
| 2021 | $5,783 -1.1% | $362,000 +8.1% |
| 2020 | $5,846 +1.1% | $335,000 +7% |
| 2019 | $5,783 -1.1% | $313,000 +7.9% |
| 2018 | $5,846 +15.2% | $290,000 +23.1% |
| 2017 | $5,075 +7% | $235,500 +4.9% |
| 2016 | $4,744 +1.5% | $224,500 +6.7% |
| 2015 | $4,673 +1.5% | $210,500 +15% |
| 2014 | $4,605 +20.6% | $183,000 +4.9% |
| 2013 | $3,819 +2.8% | $174,500 |
| 2012 | $3,714 +1.6% | $174,500 -3.1% |
| 2011 | $3,655 -18.1% | $180,000 -24.2% |
| 2010 | $4,462 -18.4% | $237,500 |
| 2009 | $5,466 +16.9% | $237,500 -12.2% |
| 2006 | $4,677 | $270,500 |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2002 | $2,148 -55% | $148,000 |
| 2001 | $4,772 | -- |
Find assessor info on the county website
Neighborhood: Fulton
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Nearby schools
GreatSchools rating
- NALake Harriet Upper SchoolGrades: 4-8Distance: 0.5 mi
- NASouthwest High School - SWSGrades: 9-12Distance: 0.9 mi
- 7/10Anthony Middle SchoolGrades: 6-8Distance: 0.9 mi
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Estimated market value
$413,900
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Estimated market value
$413,900
- Minnesota
- Hennepin County
- Minneapolis
- 55419
- Fulton
- 5120 Penn Ave S
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