Introducing a fantastic side-by-side duplex for sale, featuring two spacious bedrooms and one full bathroom in each unit. Both units showcase original hardwood floors and are flooded with natural light, creating an inviting atmosphere. Additionally, each unit boasts a full basement that is unfinished, presenting a perfect opportunity to add two more bedrooms and another bathroom, allowing for untapped equity and increased rental potential. This property also includes a two-car detached garage, offering convenience and extra storage. Located in the highly sought-after South Minneapolis area, residents can enjoy easy walking access to excellent restaurants, parks, trails, transit options, and more. This property represents a great investment opportunity in a prime location, just waiting for your personal touch and renovations.
Closed
$419,500
5528 Penn Ave S, Minneapolis, MN 55419
4beds
2baths
3,200sqft
Duplex Side by Side
Built in 1948
-- sqft lot
$419,600 Zestimate®
$131/sqft
$2,302 Estimated rent
Home value
$419,600
$390,000 - $449,000
$2,302/mo
Zestimate® history
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$2,653/mo
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List your homeWhat's special
Original hardwood floorsTwo-car detached garageFlooded with natural light
Zillow last checked:
Listing updated:
Listed by:
Michael Mitchell 612-296-5483,
Mitchell Realty LLC
Bought with:
Tracey A Westendorp
Keller Williams Classic Rlty NW
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7044904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler
Appliances
- Laundry: Lower Level
Features
- Basement: Block
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
- Finished area above ground: 1,600
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Other
Features
- Levels: One
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 126
Details
- Foundation area: 1600
- Parcel number: 2002824110027
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Materials
- Block, Concrete, Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: South Gate Terrace 1st Div
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $455,500
- Annual tax amount: $6,493
- Date on market: 3/29/2026
- Cumulative days on market: 22 days
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Sold | $419,500+4.9%$131/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7044904 Report a problem | ||
| 4/20/2026 | Pending sale | $399,900$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7044904 Report a problem | ||
| 3/29/2026 | Listed for sale | $399,900$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7044904 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,246 -3.3% | $455,500 +2.6% |
| 2024 | $8,525 +11.8% | $444,000 -9.9% |
| 2023 | $7,624 +36.1% | $493,000 +12.8% |
| 2022 | $5,604 +13.4% | $437,000 +15% |
| 2021 | $4,940 -2.6% | $380,000 +10% |
| 2020 | $5,070 +2.6% | $345,500 +5% |
| 2019 | $4,940 -2.6% | $329,000 +10% |
| 2018 | $5,070 +19.2% | $299,000 +12% |
| 2017 | $4,253 -2.4% | $267,000 +10.1% |
| 2016 | $4,359 +6.9% | $242,500 +4.3% |
| 2015 | $4,076 -0.2% | $232,500 +15.1% |
| 2014 | $4,085 +22.5% | $202,000 +4.9% |
| 2013 | $3,334 +8.9% | $192,500 |
| 2012 | $3,061 -2% | $192,500 -3.3% |
| 2011 | $3,125 -3.8% | $199,000 -15% |
| 2010 | $3,247 -12.1% | $234,000 -10% |
| 2009 | $3,692 +10% | $260,000 +8.2% |
| 2006 | $3,357 +2.9% | $240,400 +15% |
| 2005 | $3,262 +19.4% | $209,100 +17.8% |
| 2004 | $2,731 +17.4% | $177,500 +12% |
| 2002 | $2,327 -55.4% | $158,500 |
| 2001 | $5,213 | -- |
Find assessor info on the county website
Neighborhood: Armatage
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Nearby schools
GreatSchools rating
- 9/10Armatage Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Anthony Middle SchoolGrades: 6-8Distance: 0.6 mi
- NASouthwest High School - SWSGrades: 9-12Distance: 1.3 mi
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Estimated market value
$419,600
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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
$419,600
- Minnesota
- Hennepin County
- Minneapolis
- 55419
- Armatage
- 5528 Penn Ave S
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