USAMNMinneapolisRerats Creekside Add5300 Penn Ave S
Listing image | Image 1

5300 Penn Ave S, Minneapolis, MN

House

For Sale

Listed price in listed location currency (USD).
$574,900

422

MLS® 7091892

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2380 sqft
Garage Yes
Taxes $10,519
Days Active 3
Lot Size 0.15 Acres
Approx. Age 1960
Avg. Price Per Sqft $241
MLS® Number 7091892

Property Address: 5300 Penn Ave S, Minneapolis, MN, 55419-1057

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Up/Down Duplex Near Lake Harriet & Minnehaha Creek. Discover a rare opportunity to own a charming and versatile duplex ideally located on the corner of 53rd Street and Penn Avenue, just one block from scenic Minnehaha Creek and only five blocks south of Lake Harriet. This property features two spacious units, each offering a thoughtfully designed layout that includes a bright living room, formal dining room, full kitchen, two bedrooms, one full bathroom, and a cozy fireplace. The main-level unit showcases beautiful hardwood floors throughout, while the upper unit is comfortably carpeted, providing an added layer of quiet and privacy for tenants. Each unit includes its own garage stall, adding convenience and value for occupants. The unfinished lower level presents outstanding expansion potential and includes an additional fireplace—bringing the total to three fireplaces throughout the home. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset expenses, or exploring short-term rental opportunities such as Airbnb, this property offers exceptional flexibility. Current rents are below market, presenting immediate value-add potential.Enjoy an unbeatable lifestyle with easy access to nearby beaches, popular biking and walking trails, and neighborhood favorites like Broders’ Pasta Bar, Nico’s Tacos, and more — all just minutes away. A unique blend of location, character, and income potential—this is one you won’t want to miss.
MLS® Number7091892
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1960
BasementBlock, Full
DrivewayDetached Garage, Asphalt
Garage Spaces
HeatForced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$574,900List Price

Home Appraisal

This property is estimated to sell between: $574,000 and $778,000.
Similar properties in this area sold on average for: $709,857
Expected to sell in 38 days. Similar properties sold in 41 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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5300 Penn Ave S, Minneapolis, MN

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