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3229 Penn Avenue N
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3229 Penn Avenue N

3229 Penn Avenue N, Minneapolis, MN 55412 - MLS# 7146328

MLS® #: 7146328|Listed: Sep 17, 2026

$350,000

Bedrooms
6
Bathrooms
2
Square Feet
2,006
Acres
0.12
Year Built
1963
Property Type
Residential Income
Heating
Natural Gas, Forced Air
School District
1 - Minneapolis

Fantastic investment opportunity! This well-maintained and updated true up-and-down duplex offers strong rental income, excellent potential, and easy rental appeal. Top Unit is owner occupied and the bottom unit is 1200/month Each spacious unit features 3 bedrooms, 1 bathroom, beautiful hardwood floors, a separate furnace and water heater, and tenant-paid utilities. Built in 1963, this solid duplex also features coin-operated laundry, off-street parking, and numerous updates throughout. The basement offers additional space with potential to add a third unit, subject to city approval. With large units, separate utilities, strong rents, and a desirable layout, this is a great opportunity for an investor looking for a turn-key, income-producing property with additional upside.

3229 Penn Avenue N, Minneapolis, MN 55412

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Listed by: RE/MAX Results
Source: NorthstarMLS

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