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.
Pending
Price cut: $20.1K (7/31)
$429,900
5633 Penn Ave S, Minneapolis, MN 55419
4beds
2baths
1,819sqft
Duplex Side by Side
Built in 1950
-- sqft lot
$422,700 Zestimate®
$236/sqft
$-- HOA
What's special
All brick exteriorFreshly painted interiors
- 54 days
- 453
- 19
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Erik W Wood 612-708-6743,
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7100406
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
Video & virtual tour
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: $236/sqft
- Tax assessed value: $457,700
- Annual tax amount: $8,657
- Date on market: 7/15/2026
- Cumulative days on market: 53 days
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$422,700
$402,000 - $444,000
$1,702/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Pending sale | $429,900$236/sqft |
Source: | ||
| 7/31/2026 | Price change | $429,900-4.5%$236/sqft |
Source: | ||
| 7/16/2026 | Listed for sale | $450,000+62.5%$247/sqft |
Source: | ||
| 7/19/2025 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/16/2025 | Listed for rent | $1,550+18.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/30/2020 | Listing removed | $1,310$1/sqft |
Source: Owner Report a problem | ||
| 6/23/2020 | Listed for rent | $1,310$1/sqft |
Source: Owner Report a problem | ||
| 6/28/2012 | Sold | $277,000-4.4%$152/sqft |
Source: | ||
| 10/22/2011 | Price change | $289,900-3.3%$159/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4096967 Report a problem | ||
| 6/29/2011 | Price change | $299,900+0.3%$165/sqft |
Source: Integrity Holdings Real Estate LLC #4062659 Report a problem | ||
| 7/25/2010 | Price change | $299,000-3.5%$164/sqft |
Source: Keller Williams Integrity Realty Lakes #3942480 Report a problem | ||
| 7/3/2010 | Listed for sale | $309,900$170/sqft |
Source: Keller Williams Integrity Realty Lakes #3942480 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
Monthly payment
Est. payment







