Home for Sale in Minneapolis
5300 Penn S Avenue
Minneapolis, MN 55419

Price
$574,900

MLS #
7091892

Status
Active


Request Showing

Property Details

No. of Units
2

Year Built
1960

Square Feet
3,556

Acres
0.15

2026 Property Taxes
$10,519

School District
Minneapolis

County
Hennepin


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.


Penn Ave to 53rd St to property on west side of street.


Penn Ave to 53rd St to property on west side of street.

Unit Information


Unit 1

Unit 2

Features


Electric
Circuit Breakers

Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Lot Size
See Lister

Foundation
Block

Additional Info


Listed By
Robert Kessler of Coldwell Banker Realty - Lakes

Listed
06/16/26 and last updated 06/19/26

northstar Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Similar Listings