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Paul Erickson

paul@erickson.realestate +1(507) 430-2343

$ 450,000

Est. payment | -/mo

4 Beds

2 Baths

1,819 SqFt

Save

$ 450,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,819 SqFt

Open House

Sat Jul 18, 1:00pm - 2:30pm

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 1,819 sqft

Price per Sqft $247

Subdivision Penn Ave Heights

MLS Listing ID 7100406

Bedrooms 4

Year Built 1950

Annual Tax Amount $9,083

Tax Year 2025

Contingent None

Lot Size 7,840 Sqft

Lot Dimensions 60x133

Property Sub-Type Duplex Side by Side

Property Description

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. The sunset views are spectacular from the front yard! Each side features 2 bedrooms and a full bathroom on the main level. Original hardwood floors. 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% separate. Tons of storage space in the number of closets on the main level and in the lower level. Untapped potential in lower level to add an egress window or 2nd bathroom and increase finished square footage. Includes separate front and side entrances with minimal steps for easy access. Dividing up the utilities is easy due to and separate electric meters at back of the home and separate gas meters at the front. Clean City of Minneapolis TISH Report with no required repairs. A unique property with many positives in a prime Southwest Minneapolis location! Bring your vision or just move in and rent out immediately. High demand. Quick closing possible. Check it out today!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Storage/Locker, Storage Space, Unfinished

Interior

Heating Forced Air

Fireplace No

Laundry In Basement, Gas Dryer Hookup, Lower Level

Exterior

Parking Features Detached Garage, Asphalt, Garage Door Opener, Shared Garage/Stall

Garage Spaces 2.0

Fence Chain Link, Full

Pool None

Roof Type Age 8 Years or Less,Asphalt,Pitched

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story One

Foundation 1819

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Block,Concrete,Steel Siding

New Construction false

Schools

School District Minneapolis

Listed by Erik Wood • Compass

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 430-2343

paul@erickson.realestate

Apple Valley, MN, 55124, USA

Learn More About LPT Realty

5633 Penn AVE S Minneapolis, MN 55419