907 Penn Avenue N Minneapolis, MN ^$ 319,900

907 Penn Avenue N

^$ 319,900

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907 Penn Avenue N

Minneapolis, MN, 55411

^$ 319,900

Bedrooms6 Baths2.0 Sq 2,026

Monthly Estimate*

^$ 2,235

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Multi-Family Home for sale in Minneapolis, MN

for $319,900 with 6 bedrooms and 2 full baths. This 2,026 square foot home was built in 1907 on a lot size of 0.13.

BIG 6 bedroom duplex on desirable PENN Ave. Upper unit is vacant, lower unit has a built in renter with leas expiring in June. Each unit is over 1,024 FSF. Close to everything downtown has to offer. Great location. Make this one your today. Ask about the Down Payment Assistance Plans available that can give you over $30,000 in money to buy this duplex!

Multi-Family Active

Price

^$ 319,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,928

Style

Duplex Up and Down

Lot Size

0.13

Year Built

1907

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6467682

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 2

Construction Materials Metal Siding Vinyl Siding

Year Built 1907

Levels More Than 2 Stories

Property SubType Duplex Up and Down

Tax Year 2023

Gross Income 39600

Accessibility None

County Hennepin

Operating Expense 5000

Insurance Expense 2500

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Brodericks 2nd Add

Directions HWY 55 WEST TO PENN NORTH TO PROPERTY.

City Minneapolis

Buyer Agent Compensation 2.50

High School District Minneapolis

Total Units 2

Street Name Penn

Land Lease Y/N N

Tax Annual Amount 3928

Electric Expense 0

Fuel Expense 0

Trash Expense 1250

Water Sewer Expense 1250

Additional Parcels Y/N N

Days on Market 129

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) Y

Above Grade Finished Area 2026

Street Suffix Avenue

Below Grade Finished Area 0

Fuel Natural Gas

Garage Square Feet 440

Exterior

Water Source City Water/Connected

Lot Size Area 0.13

Lot Dimensions 40 x 141

Lot Size Units Acres

Foundation Area 1009

Internal Only

Street Number 1 907

* Excluded Features

List By

Coldwell Banker Realty

Broker

epredlinger@cbburnet.com

Affordability Calculator

$2,562

Per Month

Monthly Principal & Interest: $2,235
Monthly Property Taxes: $327
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Minneapolis, MN

Average List Price ^$521,109

Percent of Sale Price 63%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/15/2024	$319,900	-1.57%	Price Down
12/10/2023	$325,000		Listed Price

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907 Penn Avenue N, Minneapolis, MN, 55411 is a Multi-Family Home for sale at $319,900 with 2,026 sqft and a lot size of 0.13. 907 Penn Avenue N has 6 bedrooms, 2.0 baths, and was built in 1907. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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907 Penn Avenue N

Multi-Family Home for sale in Minneapolis, MN

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