3239 Penn Avenue N, Minneapolis, MN 55412
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
3239 Penn Avenue N,Minneapolis, MN 55412
$254,900
- 4 Beds
- 2 Baths
- 1,643 sq. ft.
- Single family
- Active
Listed by: obed jean-baptiste
Office: bridge realty, llc.
MLS#:7130881
Source:NSMLS
Price summary
- Price:$254,900
- Price per sq. ft.:$109.4
About this home
Welcome to this spacious and well-maintained 4-bedroom, 2-bathroom offering the perfect blend of character, functionality, and opportunity. Featuring large living space, four bedrooms on one level, an oversized 2-car garage, fenced backyard, and additional expansion potential in the basement, this home provides plenty of room to live, work and grow. Conveniently located just minutes from Downtown Minneapolis, major highways, parks, shopping, public transit, and neighborhood amenities, you'll enjoy easy access to everything the Twin Cities has to offer.
Whether you're an owner-occupant seeking an affordable path to homeownership or an investor looking for strong rental potential, this property offers exceptional flexibility. The home currently benefits from Minneapolis 4D Affordable Housing Program, resulting in exceptionally low property taxes. Qualifying owner-occupant purchasers may be eligible for release of the affordability covenant through the City of Minneapolis, while investors can continue to benefit from the program's favorable tax treatment. Buyer to verify all program requirements and eligibility.
A rare opportunity to own a large Minneapolis home with strong fundamentals, attractive carrying costs, and multiple paths to long-term value....
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Home facts
- Year built:1920
- Subdivision & Development:Rheems Add
- Listing ID #:7130881
- Added:62 day(s) ago
- Updated:October 23, 2026 at 12:26 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Bathrooms Description:1/2 Basement, Upper Level Full Bath
- Kitchen Description:Dishwasher, Exhaust Fan, Range, Refrigerator
- Basement:Yes
- Basement Description:Block
- Living area:1,643 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1920
- Building area:1,643 sq. ft.
- Lot area:5227 Acres
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$254,900
- Price per sq. ft.:$109.4
- Tax amount:$995 (2026)
Features and amenities
- Appliances:Exhaust Fan, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Attached Garage, Parking Lot
- Garage:Yes
- Garage spaces:2
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