Home › 3706 Penn Avenue N, Minneapolis, MN 55412 (MLS# 7060902)

3706 Penn Avenue N, Minneapolis, MN 55412 (MLS# 7060902)

$329,900
3706 Penn Avenue N
Minneapolis, MN 55412
MLS# 7060902
7 beds  |  4 baths  |  4103 sqft
3706 Penn Avenue N, Minneapolis, MN 55412
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Property Description
Freshly updated up/down duplex featuring rare massive 4 bed/2 bath upstairs and 3bed/2 bath on main level. Each unit has been thoughtfully refreshed with fresh paint throughout, completely remodeled kitchens with quartz countertops and new shaker-style cabinets, all while preserving the charm of the original hardwood floors. Plenty of natural light fills these spacious units, and shared laundry plus personal storage in the basement add everyday convenience. The detached 3-car garage — a true rarity — makes off-street parking effortless. The classic stucco and brick exterior keeps the 1920s charm but with some nice modern updates.

Details
Maps
Contract Information
Status: Active
Contingency: Inspection
Current Price: 329900
Original List Price: 329900
ListPrice: 329900
List Date: 2026-05-06
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1925
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 7
Baths Total: 4
Main Floor Total SqFt: 1337
Above Ground SqFt: 2699
Below Grd Total SqFt: 1404
Total SqFt: 4103
Foundation Size: 1404
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2699.00
Garage Stalls: 3
Lot Dimensions: 40 X 129.4
Acres: 0.12
Assessment Pending: No
Location Tax and Other Information
House Number: 3706
Street Name: Penn
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Complex/Dev/Subdivision: Joseph Lowrys Add
Assessments
Tax With Assessments: 6157.38
Building Information
Finished SqFt Above Ground: 2699
Income and Expenses
Annual Gross Income: 15600
Annual Insurance Expense: 2900
Annual Maintenance Expense: 100
Annual Net Income: 10000
Annual Repair Expense: 100
Annual Trash Expense: 1300
Annual Water/Sewer Expense: 1200
Total Annual Expenses: 2700
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 18x30
Garage Square Feet: 540
Public Survey Info
Range#: 24
Section#: 04
Township#: 29
Unit 1
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 1
3/4 Baths: 1
Finished SqFt: 1304
Full Baths: 1
Monthly Expense: 10
No. of Units Like This: 1
Oth Parking Spaces: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 8
Unit 2
Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: 1
Annual Rent: 16900
Finished SqFt: 1404
Full Baths: 1
Monthly Expense: 50
Monthly Rent: 1300
No. of Units Like This: 1
Oth Parking Spaces: 1
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 9
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Patio
Basement: Full
Construction Status: Previously Owned
Electric: 100 Amp Service
Exterior: Stucco; Wood
Foundation: Permanent
Fuel: Natural Gas
Heating: Forced Air
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light
Owner Pays: Maintenance/Repair; Sewer; Trash Collection; Water
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; Special Funding; VA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Fuel
Unit 1 Amenities: Countertops-Solid Surface; Walk-In Closet; Ceiling Fan(s); Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork
Unit 1 Appliances: Dishwasher; Disposal; Exhaust Fan/Hood; Range; Refrigerator
Unit 1 Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Separate/Formal Dining Rm
Unit 1 Family Room Characteristics: Main Level
Unit 1 Special Search: Main Floor Bedroom; Renovated; 4 BR on One Level
Unit 2 Amenities: Balcony
Unit 2 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Washer
Unit 2 Bath Description: Upper Level 3/4 Bath; Upper Level Full Bath
Unit 2 Cooling: Window
Unit 2 Dining Room Description: Separate/Formal Dining Rm
Unit 2 Special Search: Renovated; 4 BR on One Level
Water: City Water/Connected

Listing Office: Jason Mitchell Group

Last Updated: May - 18 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Tuesday 19th of May 2026 12:49 PM

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