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Off market
  • $451,500

    5437 Penn Ave S, Minneapolis, MN 55419

    3beds
    1,050sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $451,500 Zestimate®
    $430/sqft
    $2,008 Estimated rent

    Home value

    $451,500

    $429,000 - $479,000

    $2,008/mo

    Zestimate® history
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    What's special

    Hardwood floorsNewly renovated fireplace surroundNew luxury carpetingPrivate storage spaceFinished basementHigh-end stainless steel appliancesWhite custom cabinets

    Available April 1: This beautifully refurbished duplex has three bedrooms and one bathroom, and is located in the high-demand Armatage neighborhood of Southwest Minneapolis. It is just steps from Armatage park and tennis courts; one block from Minnehaha Parkway and popular restaurants such as The Book Club, Colita, Red Wagon and Cafe Ceres; and only seven blocks from Lake Harriet. It sits on a bus line and has easy access to Highways 62 and 35W. The kitchen was recently gutted and rebuilt with high-end stainless steel appliances including a gas range, dishwasher and built-in microwave. The kitchen has white, custom cabinets, and the sink is extra deep with a pull-out handle spray faucet. There are stunning new quartz countertops and an eat-in area adjacent to the kitchen. The bathroom also was recently gutted and rebuilt. It features high-end fixtures including a rain-shower showerhead, new tiling, and radiant (in ground) heated floors - perfect for your Minnesota winters! The living room has a newly renovated fireplace surround with stone and tile work, lovely coved ceilings, and a nice size entry closet. The fireplace is currently decorative rather than functional. There are hardwood floors throughout the main floor. The finished basement provides an additional bedroom with a new egress window and new luxury carpeting. The basement also has private storage space, as well as private/dedicated washing machine and dryer. The basement connects directly to the extra-long tuck-under garage, which keeps your car warm even on the coldest days. The garage also has a spare 'fridge and freezer for overflow food and beverages. There are too many upgrades to name such as a new high efficiency central air conditioner and furnace to keep energy costs low, a new roof, new siding, new windows in the main living areas, a new garage door with opener, and a new paver patio in the backyard. The unit is owned and managed by a family that lives in the neighborhood and not a property management company. We are committed to being responsive and fair landlords, and we are looking for tenants who will love the home as much as we do. The landlord will pay water, garbage/sewer and will provide lawn care. The tenant is responsible for gas, electric and snow removal (shared with other side of the duplex). This is a smoke-free home; no smoking or vaping is permitted anywhere on the property. We are open to well-trained pets for additional $45 monthly fee for each pet.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,050 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Electricity not included in rent, Gas not included in rent
    Details
    • Parcel number: 2102824220087

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Minneapolis

    HOA & financial

    Other fees
    • Deposit fee: $2,225

    Other

    Other facts
    • Available date: 04/01/2025

    Price history

    DateEventPrice
    2/2/2025Listing removed$2,225$2/sqft
    Source: Zillow Rentals Report a problem
    1/30/2025Listed for rent$2,225+1.4%$2/sqft
    Source: Zillow Rentals Report a problem
    1/1/2025Listing removed$2,195-2.4%$2/sqft
    Source: Zillow Rentals Report a problem
    12/27/2024Listed for rent$2,250+9%$2/sqft
    Source: Zillow Rentals Report a problem
    7/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/1/2023Listed for rent$2,065+19.7%$2/sqft
    Source: Zillow Rentals Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/3/2019Listing removed$1,725$2/sqft
    Source: Owner Report a problem
    6/30/2019Listed for rent$1,725$2/sqft
    Source: Owner Report a problem
    3/4/2019Sold$365,000+1.4%$348/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5140836 Report a problem
    2/22/2019Pending sale$360,000$343/sqft
    Source: RE/MAX Results #5140836 Report a problem
    2/5/2019Listed for sale$360,000+3%$343/sqft
    Source: RE/MAX Results #5140836 Report a problem
    5/7/2008Listing removed$349,500$333/sqft
    Source: NCI Report a problem
    3/15/2008Listed for sale$349,500+198.1%$333/sqft
    Source: NCI Report a problem
    8/27/1996Sold$117,250$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,100 +4.9%$367,700 -14.1%
    2024$7,721 +12.2%$428,000 -7.6%
    2023$6,883 -0.1%$463,000 +13.8%
    2022$6,888 +11.6%$407,000 +5.7%
    2021$6,172 -3.6%$385,000 +8.3%
    2020$6,403 +3.7%$355,500 +6%
    2019$6,172 -3.6%$335,500 +10%
    2018$6,403 +18.9%$305,000 +14.7%
    2017$5,383 +0.1%$266,000 +8.6%
    2016$5,379 +4.7%$245,000
    2015$5,136 -4.4%$245,000 +2.5%
    2014$5,373 +7.9%$239,000 +5.1%
    2013$4,980 +2.8%$227,500
    2012$4,843 -0.2%$227,500 -4.8%
    2011$4,854 -0.2%$239,000 -12.8%
    2010$4,863 -1%$274,000
    2009$4,910 +3.3%$274,000 -0.3%
    2006$4,753 +9%$274,900 +15%
    2005$4,360 +41.5%$239,100 +16.2%
    2004$3,081 +17.2%$205,700 +16.7%
    2002$2,630 -54.1%$176,300
    2001$5,725 --

    Find assessor info on the county website

    Neighborhood: Armatage

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $451,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $451,500