822 Penn Avenue N, Minneapolis, MN 55411 (MLS# 7150103)

822 Penn Avenue N, Minneapolis, MN 55411

$379,000
Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 3,600 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $379,000 List Date: 9/29/2026 Last Modified: 10/06/2026

Overview

Description

Welcome to 822 Penn Ave N, Minneapolis. A solid 1916 up/down duplex offering two large, separately metered units, with the upper unit already generating income. It features 9 bedrooms, 4 full baths, two living rooms, a dedicated office, in-unit laundry, and two decks, one screened for three-season use. The upper unit is a standout. It is currently tenant-occupied at $1,868/month but should rent for $2250 in the current market. The lower unit is currently vacant but previously received $2500/mo with 3 bedrooms, 1 bath, and a three-season porch. Tenants pay their own gas and electric, and two off-street parking spots add everyday convenience. Quick access to Highway 55 puts downtown, North Loop and Golden Valley within easy reach, with Theodore Wirth Park's trails nearby. Move into the lower unit and let the upper help cover the mortgage, or add a ready-to-go two-unit to your portfolio.

Listing Details MLS# 7150103

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1916
Yearly/Seasonal
Yearly
Main Floor Total SqFt
3600
Above Ground SqFt
3600
Total SqFt
3600
Foundation Size
2530
Style
(MF) Duplex Up and Down
Total Finished Sqft
3600.00
Acres
0.12
Assessment Pending
No

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Wood Foundation: Other Fuel: Natural Gas Heating: Forced Air Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
379000
ListPrice
379000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
822
Street Name
Penn
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55411
Complex/Dev/Subdivision
Oak Park Add

Assessments

Tax With Assessments
7370

Building Information

Finished SqFt Above Ground
3600

More Information

Income and Expenses

Annual Gross Income
22416

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
21
Township#
29

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
Full Baths
2
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
5
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2027-10-30
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
22416
Finished SqFt
850
Full Baths
2
Monthly Rent
1868
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
4
Total Rooms
5

Unit Details

Total Units
2
IDX
Listing Office: Side by Side Realty LLC
Last Updated: October - 06 - 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.
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