3440 Penn AVE N new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55412
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $89
Subdivision Egberts Add
MLS Listing ID 6715786
Year Built 1946
Annual Tax Amount $937
Tax Year 2025
Contingent None
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40x126
Property Sub-Type Duplex Side by Side
Property Description
Live in the newly remodeled side (3440) and rent the other. This is a great opportunity for either an
owner/occupant or a pure investor. The big stuff is done; high-efficiency furnaces in both units in 2016,
new 100 amp electrical panels in both units 2022, water heater in 3440 in 2022. 3440 has remodeled
kitchen, newly refinished hardwood in the living room & main level bedrooms, new carpet in the lower
level. Both units have big non-conforming 3rd bedrooms in the lower level with large egress windows. Most
of the exterior window trim was replaced with low-maintenance PVC in April 2025. Very stable, long-term
tenant has been in 3442 since 2009. Her current lease runs through 12/31/25. Taxes are extremely low as
both units are currently enrolled in the city's 4d affordable housing incentive program. Details
available on City of Minneapolis website. The listing agent is the owner of the property and is a Realtor
licensed in the State of Minnesota.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block,Drain Tiled,Egress Window(s),Finished,Full,Single Tenant Access,Sump Pump
Interior
Heating Forced Air
Fireplace No
Exterior
Fence Chain Link,Partial
Roof Type Age Over 8 Years,Architectural Shingle,Asphalt,Pitched
Building
Lot Description Public Transit (w/in 6 blks),Some Trees
Story One
Foundation 1730
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Stucco
New Construction false
Schools
School District Minneapolis