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$379,000

9 Beds 4 Baths 3,600 SQFT 0.12 Acres
Type: Multi-Family

822 Penn Avenue N
Minneapolis, MN 55411

MLS#: 7150103
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Side by Side Realty LLC

Property Description

 

Welcome to 822 Penn Ave N, Minneapolis. A solid 1916 up/down duplex offering two large, separately metered units, with the upper unit already generating income. It features 9 bedrooms, 4 full baths, two living rooms, a dedicated office, in-unit laundry, and two decks, one screened for three-season use. The upper unit is a standout. It is currently tenant-occupied at $1,868/month but should rent for $2250 in the current market. The lower unit is currently vacant but previously received $2500/mo with 3 bedrooms, 1 bath, and a three-season porch. Tenants pay their own gas and electric, and two off-street parking spots add everyday convenience. Quick access to Highway 55 puts downtown, North Loop and Golden Valley within easy reach, with Theodore Wirth Park's trails nearby. Move into the lower unit and let the upper help cover the mortgage, or add a ready-to-go two-unit to your portfolio.


 

Interior Features

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3,600 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Foundation Dimensions0
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Directions94 to Broadway W to Penn Avenue So to Home
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income22416
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,600 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameOak Park Add
Tax Annual Amount$6,866
Tax Year2026
Trash Expense0
Water Sewer Expense0
Year Built1916

Exterior

Building Area Total3,600 sqft
Foundation Area2,530 sqft
Lot Dimensions0
Lot Size Area0 sqft
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$379,000

9 Beds 4 Baths 3,600 SQFT 0.12 Acres
Type: Multi-Family

822 Penn Avenue N
Minneapolis, MN 55411

MLS#: 7150103
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800