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MLS: #7130881, Listed By: Obed Jean-Baptiste, Bridge Realty, LLC, Source:FargoMoorhead Area Association of REALTORS

3239 Penn Avenue

Minneapolis, MN 55412
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Bed 4

Bed

Bath 2

Bath

SqFt1,643

Sqft

SqFt5,227

Sqft(Lot)

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 Housi ng 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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Detail Ic Property Details

Property Type : Residential

Price : $254,900

AD Id : 89859801

MLS Id : 7130881

Beds : 4

Lot Size : 5,227 Sqft

Living Area Size : 1,643

Year Built : 1920

Garage : 2

County : Hennepin

Subdivision: Green Acres

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 4 Has Basement: Yes Basement: Block, Concrete
  • Interior Features

    Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1920 Building Area Total: 2330 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 40x126 Main Square Feet: 5227 Square Feet Lot Size Acres: 0.12 Lot Size Square Feet: 5227

    Property Information

    Subdivision: Rheems Add Source Property Type: Residential Postal Code Plus 4: 5305 Property SubType: Single Family Residence Levels: Two Property Age: 106

  • Listing Price Information

    Listing Price: $254900

  • Tax Information

    Parcel Number: 0802924140153 Tax Year: 2026 Annual Tax: $995.41 Tax Legal Desc: LOT 006 BLOCK 001 RHEEMS ADDN TO MPLS

  • Parking Information

    Parking Lot

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Hwy 100 to SE on Bottineau Blvd, E onto Lowry N, N onto Penn Ave N WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3535 N 3rd Street, Minneapolis, MN, 55412 $225,000 2 2 997 997 SqFt
3550 N 4th Street, Minneapolis, MN, 55412 $224,900 2 2 850 850 SqFt
3443 N 4th Street, Minneapolis, MN, 55412 $240,000 3 1 1,692 1,692 SqFt
3543 N 4th Street, Minneapolis, MN, 55412 $215,000 3 1 1,441 1,441 SqFt
3510 N 6th Street, Minneapolis, MN, 55412 $229,900 3 1 1,020 1,020 SqFt
3202 N 6th Street, Minneapolis, MN, 55412 $260,000 4 2 2,338 2,338 SqFt
3835 N 6th Street, Minneapolis, MN, 55412 $210,000 3 1 1,280 1,280 SqFt
3906 Lyndale Avenue, Minneapolis, MN, 55412 $259,900 3 2 1,560 1,560 SqFt
3510 Lyndale Avenue, Minneapolis, MN, 55412 $94,900 2 1 744 744 SqFt
4638 Aldrich Avenue, Minneapolis, MN, 55412 $189,999 3 2 1,302 1,302 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 08/26/2026 @ 17:29

MLS: 7130881 LISTED BY: Obed Jean-Baptiste, Bridge Realty, LLC 952-368-0021 SOURCE: FargoMoorhead Area Association of REALTORS

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