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  • $425,000

    5633 Penn Ave S, Minneapolis, MN 55419

    4beds
    2baths
    1,819sqft
    Duplex Side by Side
    Built in 1950
    -- sqft lot
    $424,900 Zestimate®
    $234/sqft
    $2,770 Estimated rent

    Home value

    $424,900

    $399,000 - $455,000

    $2,770/mo

    Zestimate® history
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    $2,862/mo

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    $2,862/mo

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    What's special

    All brick exteriorFreshly painted interiors
    Rare duplex property in Southwest Minneapolis. Perfect match for an owner occupant or investor. Ready for renters immediately or add bedrooms/bathrooms to enhance and maximize the income potential of this property. A very walkable and prime location near everything at 54th and Penn Ave S plus close proximity to Lake Harriet, Linden Hills, local unique eateries and centrally located for easy access to the entire Twin Cities area. This side by side duplex faces west towards the green space and trees of the neighborhood favorite Armatage Park. Each side features 2 bedrooms and a full bathroom on the main level. Welcoming and open layouts and flow with bedrooms away from main living area. Original hardwood floors on the main. Freshly painted interiors. 2-car detached garage with no alley. Built in 1950 with an all brick exterior. New roof on home and garage in 2024. Full concrete block wall in lower level keeps each side 100% divided and private. Tons of storage space in the number of closets on the main level and in the lower level. Easily add more living space and increase finished sq. footage in the lower levels. Features completely separate front and side entrances for each unit. Minimal steps in and out of each unit and the garage is very close and accessible for each side. Dividing up the utilities is easy due to 2 separate electric meters at back of the home and 2 separate gas meters at the front. Clean City of Minneapolis TISH Report with no required repairs and city-issued COA. A unique property with many positives in a prime Southwest Minneapolis location! Begin renting out immediately. Many possibilities exist for this special home! Prime location centrally located to all of the Twin Cities area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erik W Wood 612-708-6743,

    Compass

    Bought with:

    Josh A Pomerleau

    JPW Realty

    Allan Hawkins

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7100406MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement, Gas Dryer Hookup, Lower Level, Washer Hookup
    Features
    • Basement: Block,Daylight,Storage/Locker,Storage Space,Unfinished
    Interior area
    • Total structure area: 3,457
    • Total interior livable area: 1,819 sqft
    • Finished area above ground: 1,819
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Asphalt, Garage Door Opener, Shared Garage/Stall
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (19x19), Garage Door Height (7), Garage Door Width (8)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Pool features: None
    • Fencing: Chain Link,Full
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 60 x 133
    • Features: Near Public Transit, Tree Coverage - Light
    Details
    • Foundation area: 1819
    • Parcel number: 2102824230031
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Side by Side
    Materials
    • Block, Concrete, Steel Siding
    • Roof: Age 8 Years or Less,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
    • Gas: Electric, Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Penn Ave Heights
    HOA
    • Amenities included: None
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $234/sqft
    • Tax assessed value: $486,700
    • Annual tax amount: $8,657
    • Date on market: 7/15/2026
    • Cumulative days on market: 33 days
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2026Sold$425,000-1.1%$234/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7100406 Report a problem
    8/18/2026Pending sale$429,900$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7100406 Report a problem
    7/31/2026Price change$429,900-4.5%$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7100406 Report a problem
    7/16/2026Listed for sale$450,000+62.5%$247/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7100406 Report a problem
    7/19/2025Listing removed$1,550$1/sqft
    Source: Zillow Rentals Report a problem
    7/16/2025Listed for rent$1,550+18.3%$1/sqft
    Source: Zillow Rentals Report a problem
    2/23/2021Listing removed--
    Source: Owner Report a problem
    6/30/2020Listing removed$1,310$1/sqft
    Source: Owner Report a problem
    6/23/2020Listed for rent$1,310$1/sqft
    Source: Owner Report a problem
    6/28/2012Sold$277,000-4.4%$152/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1802993 Report a problem
    10/22/2011Price change$289,900-3.3%$159/sqft
    Source: Coldwell Banker Burnet - Minneapolis Lakes #4096967 Report a problem
    6/29/2011Listed for sale$299,900+0.3%$165/sqft
    Source: Integrity Holdings Real Estate LLC #4062659 Report a problem
    7/25/2010Price change$299,000-3.5%$164/sqft
    Source: Keller Williams Integrity Realty Lakes #3942480 Report a problem
    7/3/2010Listed for sale$309,900$170/sqft
    Source: Keller Williams Integrity Realty Lakes #3942480 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$9,083 -3.2%$486,700 +6.3%
    2025$9,381 +4.5%$457,700 -7%
    2024$8,976 +8.8%$492,000 -7.9%
    2023$8,246 +6.9%$534,000 +10.3%
    2022$7,712 +13.1%$484,000 +13.6%
    2021$6,820 -3.7%$426,000 +10.1%
    2020$7,081 +3.8%$387,000 +4%
    2019$6,820 -3.7%$372,000 +10.1%
    2018$7,081 +16.7%$338,000 +11.9%
    2017$6,067 -2.1%$302,000 +5.4%
    2016$6,199 +1.9%$286,500 +7.9%
    2015$6,086 +2.4%$265,500 +14.9%
    2014$5,940 +23.4%$231,000 +5%
    2013$4,815 +2.8%$220,000
    2012$4,683 +0.3%$220,000 -4.3%
    2011$4,670 +3%$230,000 -10%
    2010$4,535 -8.5%$255,500 -7.6%
    2009$4,954 +28.3%$276,500 -1.9%
    2006$3,860 +10.7%$281,800 +15%
    2005$3,489 +8.8%$245,100 +15%
    2004$3,206 +14.4%$213,200 +14.3%
    2002$2,803 -55.3%$186,500
    2001$6,273 --
    Find assessor info on the county website

    Neighborhood: Armatage

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $424,900
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    Estimated market value
    $424,900