5049 Penn Avenue S, Minneapolis, MN 55419 (MLS# 7122071)

5049 Penn Avenue S, Minneapolis, MN 55419

New Listing

$499,900

Virtual Tour

https://tours.spacecrafting.com/n-7qbw8y

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,803 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $499,900 List Date: 8/20/2026 Last Modified: 8/20/2026

Overview

Description

Welcome to 5049 Penn Avenue South, a charming home located in the Lynnhurst neighborhood. From the moment you arrive, the inviting front porch with its classic bench swing offers a welcoming and relaxed tone. Step inside to find lovely hardwood floors, warm wood trim and a bright main floor living room. The adjacent formal dining room features elegant built-in corner cabinets that flow naturally into an updated kitchen equipped with rich cabinetry and stainless steel appliances. Upstairs, you will find 3 bedrooms accompanied by a full bath. The fully finished lower level expands your living space with a spacious family room featuring a gas fireplace and a full bathroom complete with an arched tub alcove. Outside, enjoy a private, fully fenced backyard anchored by a paver patio that is perfect for outdoor dining or evening relaxation, as well as an oversized 2-car garage with an adjacent outdoor parking spot. Beautifully combining timeless character with comfortable modern living, this ... (Read more)

Listing Details MLS# 7122071

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 1924
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Main Floor Total SqFt: 600
Above Grd Total SqFt: 1203
Below Grd Total SqFt: 600
Total SqFt: 1803
Total Finished Sqft: 1703.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 600
Garage Stalls: 2
Lot Dimensions: 40 x 127
Acres: 0.12
Assessment Pending: Unknown
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Window Unit(s) Amenities Unit: Hardwood Floors; Kitchen Window; Patio; Tile Floors; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Concrete Block; Full; Storage Space Bath Description: Upper Level Full Bath; Full Basement Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Exterior: Stucco Family Room Characteristics: Family Room; Lower Level Fencing: Wood Fireplace Characteristics: Amusement Room; Gas Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Lot Description: Tree Coverage - Light Road Frontage: City Street; Sidewalks Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 499900
ListPrice: 499900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5049
Street Name: Penn
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419
Complex/Dev/Subdivision: Thornton Park 2nd Div

Assessments

Tax With Assessments: 7234
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1203
Finished SqFt Below Ground: 500

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 440

Public Survey Info

Range#: 24
Section#: 16
Township#: 28

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 018 BLOCK 001 THORNTON PARK 2ND DIV
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1034
Property ID Number: 1602824320018
Tax Year: 2026
Tax Amount: 7234
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to 5049 Penn Avenue South, a charming home located in the Lynnhurst neighborhood. From the moment you arrive, the inviting front porch with its classic bench swing offers a welcoming and relaxed tone. Step inside to find lovely hardwood floors, warm wood trim and a bright main floor living room. The adjacent formal dining room features elegant built-in corner cabinets that flow naturally into an updated kitchen equipped with rich cabinetry and stainless steel appliances. Upstairs, you will find 3 bedrooms accompanied by a full bath. The fully finished lower level expands your living space with a spacious family room featuring a gas fireplace and a full bathroom complete with an arched tub alcove. Outside, enjoy a private, fully fenced backyard anchored by a paver patio that is perfect for outdoor dining or evening relaxation, as well as an oversized 2-car garage with an adjacent outdoor parking spot. Beautifully combining timeless character with comfortable modern living, this move-in-ready home is ready to welcome its next owner. Just blocks to Lake Harriet and a short walk to restaurants and shops. Don't miss this one!
Directions: 50th Street to Penn Avenue - South to home.

Accessible

None: Yes

Air Conditioning

Window Unit(s): Yes

Amenities Unit

Hardwood Floors: Yes
Kitchen Window: Yes
Patio: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Concrete Block: Yes
Full: Yes
Storage Space: Yes

Bath Description

Upper Level Full Bath: Yes
Full Basement: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Separate/Formal Dining Room: Yes

Exterior

Stucco: Yes

Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Fencing

Wood: Yes

Fireplace Characteristics

Amusement Room: Yes
Gas Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Patio: Yes

Road Frontage

City Street: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	13 x 11	Main
Family Room	22 x 19	Lower
First (1st) Bedroom	12 x 11	Upper
Kitchen	11 x 11	Main
Living Room	19 x 12	Main
Second (2nd) Bedroom	11 x 11	Upper
Third (3rd) Bedroom	11 x 10	Upper

Listing Office: Compass

Last Updated: August - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

5049 Penn Avenue S, Minneapolis, MN 55419 (MLS# 7122071)