5433/5435 Penn Avenue S, Minneapolis, MN 55419 (MLS# 7051467)


$515,000
5433/5435 Penn Avenue S
Minneapolis, MN 55419
MLS# 7051467
5 beds  |  3 baths  |  2660 sqft


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Property Description
Don’t miss this well-maintained side-by-side duplex, perfect for owner-occupants or investors alike! Each main level features two bedrooms, one bathroom, a bright kitchen, and a dining area that opens to a spacious living room. Unit 5433 offers an unfinished basement with mechanicals, laundry, a one-car attached garage, and newly roughed-in plumbing ready for a second bathroom. Unit 5435 is fully finished in the lower level, featuring a third bedroom, a 3/4 bathroom, laundry room, and a one-car attached garage. Both units include forced-air heating with individual furnaces, central air conditioning, a newer sewer liner, and a newer roof. Located just steps from some of the neighborhood’s favorite spots — Colita, Book Club, Red Wagon Pizza, Settergren’s Hardware, and the vibrant new Saturday Dumpling — this property combines comfort, convenience, and community charm. Measurements are approximate.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 515000
Original List Price: 515000
ListPrice: 515000
List Date: 2026-05-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1947
Yearly/Seasonal: Yearly
Bedrooms: 5
Baths Total: 3
Main Floor Total SqFt: 1698
Above Ground SqFt: 1698
Below Grd Total SqFt: 962
Total SqFt: 2660
Foundation Size: 1819
Style: (MF) Duplex Side X Side
Total Finished Sqft: 121.00
Garage Stalls: 2
Lot Dimensions: 50x126x50x126
Acres: 0.14
Assessment Pending: No
Location Tax and Other Information
House Number: 5433/5435
Street Name: Penn
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419
Complex/Dev/Subdivision: Pennhurst
Assessments
Tax With Assessments: 8871
Building Information
Finished SqFt Below Ground: 121
Income and Expenses
Annual Gross Income: 43200
Annual Insurance Expense: 2500
Annual Trash Expense: 1470
Annual Water/Sewer Expense: 1470
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 360
Public Survey Info
Range#: 24
Section#: 21
Township#: 28
Unit 1
Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: Main Level
Unit Number: 1
# of Fireplaces: 1
Annual Rent: 21000
Finished SqFt: 962
Full Baths: 1
Monthly Expense: 125
Monthly Rent: 1750
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit 2
Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: 2
# of Fireplaces: 1
3/4 Baths: 1
Annual Rent: 22200
Finished SqFt: 1100
Full Baths: 1
Monthly Expense: 122
Monthly Rent: 1850
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 8
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Partially Finished
Construction Status: Previously Owned
Exterior: Brick/Stone; Metal
Foundation: Concrete Block
Fuel: Electric; Natural Gas
Heating: Forced Air
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer - In Street
Stories: One
Tenant Pays: Electricity; Gas; Heat; Lawn; Snow Removal
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Informal Dining Room
Unit 1 Family Room Characteristics: Main Level
Unit 1 Fireplace Char: Wood Burning
Unit 2 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Informal Dining Room
Unit 2 Family Room Characteristics: Main Level
Unit 2 Fireplace Char: Wood Burning
Water: City Water - In Street

Listing Office: Side by Side Realty LLC

Last Updated: May - 27 - 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.

Friday 29th of May 2026 04:27 PM

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