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  • $275,000

    723 Penn Ave N, Minneapolis, MN 55411

    4beds
    2,472sqft
    Single Family Residence
    Built in 1925
    8,276 Square Feet Lot
    $276,200 Zestimate®
    $111/sqft
    $2,995 Estimated rent

    Home value

    $276,200

    $254,000 - $298,000

    $2,995/mo

    Zestimate® history
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    What's special

    Private fenced yardModern updatesHistoric detailsGleaming hardwood floorsDetached garageClassic architectural detailsOriginal woodwork
    Step into timeless character with this spacious home in the heart of Minneapolis. Nestled on a tree-lined street, it blends classic architectural details with modern updates, including a new flat roof in 2023. Inside, tall ceilings, original woodwork, and large windows fill the home with natural light. The foyer opens to bright living areas with gleaming hardwood floors, a statement staircase, and multiple gathering spaces. A main floor bedroom offers convenience, while the upper level features three more bedrooms. Vintage-style baths with clawfoot tub charm complement the home’s historic details. The lower level provides extra living space, storage, and laundry with room to customize. Outdoors, enjoy a private fenced yard with a deck and patio—ideal for entertaining or relaxing. A detached garage adds everyday convenience. Minutes from downtown, parks, trails, and local amenities, this home is a perfect blend of history, charm, and opportunity. Located just minutes from downtown Minneapolis, parks, trails, and local amenities, this home is the perfect blend of history, charm, and opportunity. Some photos have been virtually staged.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Huerkamp Home Group 952-746-9696,

    Keller Williams Preferred Rlty,

    Lisa Price 651-398-5702

    Bought with:

    Alex Villanueva

    Pemberton RE

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6785942MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 270 Square Feet
    • Dimensions: 15 x 18
    Bedroom 2
    • Level: Upper
    • Area: 166.75 Square Feet
    • Dimensions: 14.5 x 11.5
    Bedroom 3
    • Level: Upper
    • Area: 138 Square Feet
    • Dimensions: 12 x 11.5
    Bedroom 4
    • Level: Upper
    • Area: 150 Square Feet
    • Dimensions: 12.5 x 12
    Dining room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15 x 13
    Kitchen
    • Level: Main
    • Area: 201.5 Square Feet
    • Dimensions: 15.5 x 13
    Living room
    • Level: Main
    • Area: 279.5 Square Feet
    • Dimensions: 21.5 x 13
    Storage
    • Level: Lower
    • Area: 27 Square Feet
    • Dimensions: 6 x 4.5
    Other
    • Level: Lower
    • Area: 725 Square Feet
    • Dimensions: 29 x 25
    Heating
    • Fireplace(s), Hot Water
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Lower Level
    Features
    • Basement: Storage Space,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 2,472
    • Total interior livable area: 2,472 sqft
    • Finished area above ground: 2,472
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Chain Link,Full,Wood
    Lot
    • Size: 8,276 Square Feet
    • Dimensions: 60 x 143
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1576
    • Parcel number: 2002924140104
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Roof: Age 8 Years or Less,Pitched
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Fletcher & Lorings Add
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $111/sqft
    • Tax assessed value: $384,000
    • Annual tax amount: $5,191
    • Date on market: 10/9/2025
    • Cumulative days on market: 14 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/13/2025Sold$275,000+3.8%$111/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6785942 Report a problem
    10/23/2025Pending sale$265,000$107/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6785942 Report a problem
    10/17/2025Price change$265,000-5.4%$107/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6785942 Report a problem
    10/9/2025Listed for sale$280,000+43.6%$113/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6785942 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/12/2015Listing removed$1,795$1/sqft
    Source: Owner Report a problem
    8/6/2015Price change$1,795+2.9%$1/sqft
    Source: Owner Report a problem
    8/4/2015Listed for rent$1,745$1/sqft
    Source: Owner Report a problem
    6/23/2011Sold$195,000$79/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1364485 Report a problem
    4/9/2011Price change$195,000-1.5%$79/sqft
    Source: Edina Realty, Inc. #4017524 Report a problem
    2/27/2011Listed for sale$198,000-0.5%$80/sqft
    Source: Edina Realty, Inc. #4017524 Report a problem
    12/1/2010Listing removed$199,000$81/sqft
    Source: Edina Realty, Inc. #3959795 Report a problem
    11/6/2010Price change$199,000-0.5%$81/sqft
    Source: Edina Realty, Inc. #3959795 Report a problem
    10/16/2010Price change$200,000-11.1%$81/sqft
    Source: Edina Realty, Inc. #3959795 Report a problem
    8/14/2010Listed for sale$225,000+400%$91/sqft
    Source: Edina Realty, Inc. #3959795 Report a problem
    4/27/2010Sold$45,000+12.5%$18/sqft
    Source: Public Record Report a problem
    9/5/1996Sold$40,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,191 +19.8%$384,000 +10%
    2024$4,333 -0.8%$349,000 +5.1%
    2023$4,368 +3.6%$332,000
    2022$4,217 +12.9%$332,000 +13.7%
    2021$3,735 +1.2%$292,000 +9.8%
    2020$3,690 -1.2%$266,000 +9.9%
    2019$3,735 +1.2%$242,000 +10%
    2018$3,690 +19.2%$220,000 +18.6%
    2017$3,095 +2.9%$185,500 +13.1%
    2016$3,008 +30.8%$164,000 +6.8%
    2015$2,299 +3.3%$153,500 +2.7%
    2014$2,227 -9.9%$149,500 -5.1%
    2013$2,470 -9.9%$157,500 -10%
    2012$2,742 +42.1%$175,000 +34.1%
    2011$1,929 +2.8%$130,500 -10%
    2010$1,876 -13.2%$145,000 -10.2%
    2009$2,162 +33.6%$161,500 +22.9%
    2006$1,618 +15.9%$131,400 +18.1%
    2005$1,396 +9.8%$111,300 +15%
    2004$1,271 +14.2%$96,800 +11.9%
    2002$1,113 -43.8%$86,500
    2001$1,980 --
    Find assessor info on the county website

    Neighborhood: Willard Hay

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $276,200
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    Estimated market value
    $276,200