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4949 Penn Avenue S, 
Minneapolis, MN 55419

$659,000


Bed


Bath


2,388

Sq Ft


Multi-Family

Active

Listed by

Alison Heathcote

Fox Realty

952-473-1716

Last updated:

May 8, 2025, 12:57 PM

MLS#

6715705

Source:

NSMLS

About This Home

4949 Penn Avenue S

Two Units. One Smart Move! This charming and well-maintained up/down duplex sits on a highly coveted block near 50th & Penn—just 1.5 blocks south of Lake Harriet. Enjoy easy access to the beach, biking and walking trails, and beloved neighborhood spots like Broders’ Pasta Bar, Nico’s Tacos, and more—all less than a block away. This is no ordinary duplex. Each unit offers 2 bedrooms, an office and 1 bathroom. A tuck-under garage is a lovely surprise—perfect for those chilly Minnesota winters. Roof was replaced in 2015, all windows have been updated, and numerous thoughtful upgrades have been made throughout. Whether you're an investor or an aspiring owner-occupant, this rare gem offers exciting income potential. Dreaming of an Airbnb? Looking to live in one of the city's most desirable neighborhoods while offsetting your mortgage? Ask us about what nearby rentals are bringing in—you'll be pleasantly surprised by the numbers.

Home Facts

Multi-Family

Built in 1925

Price Summary

659,000

$275 per Sq. Ft.

MLS #:

6715705

Last Updated:

May 8, 2025, 12:57 PM

Added:

1 day(s) ago


Rooms & Interior

Interior

Living Area:

2,388 Sq. Ft.


Structure

Structure

Building Area:

3,263 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$659,000

Price per Sq. Ft:

$275 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
See this home in person
4949 Penn Avenue S
Attend an upcoming open house
Fri, May 9
03:00 PM05:00 PM
Sat, May 10
12:00 PM02:00 PM

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