5433/5435 Penn Avenue S, Minneapolis, MN 55419

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1947
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1698
Above Ground SqFt: 1698
Below Grd Total SqFt: 962
Total SqFt: 2660
Foundation Size: 1819
Style: (MF) Duplex Side X Side
Total Finished Sqft: 121.00
Garage Stalls: 2
Lot Dimensions: 50x126x50x126
Acres: 0.14
Assessment Pending: No

Property Features

Accessible: None Basement: Partially Finished Construction Status: Previously Owned Exterior: Brick/Stone; Metal Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer - In Street Stories: One Tenant Pays: Electricity; Gas; Heat; Lawn; Snow Removal Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Informal Dining Room Unit 1 Family Room Characteristics: Main Level Unit 1 Fireplace Char: Wood Burning Unit 2 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Informal Dining Room Unit 2 Family Room Characteristics: Main Level Unit 2 Fireplace Char: Wood Burning Water: City Water - In Street

Contract Information

Contingency: None
Original List Price: 515000
ListPrice: 515000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5433/5435
Street Name: Penn
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419
Complex/Dev/Subdivision: Pennhurst

Assessments

Tax With Assessments: 8871
Assessment Balance: 0

Building Information

Finished SqFt Below Ground: 121

More Information

Income and Expenses

Annual Gross Income: 43200
Annual Insurance Expense: 2500
Annual Trash Expense: 1470
Annual Water/Sewer Expense: 1470
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 360

Public Survey Info

Range#: 24
Section#: 21
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
Annual Rent: 21000
Finished SqFt: 962
Full Baths: Yes
Monthly Expense: 125
Monthly Rent: 1750
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: 2
# of Fireplaces: Yes
3/4 Baths: Yes
Annual Rent: 22200
Finished SqFt: 1100
Full Baths: Yes
Monthly Expense: 122
Monthly Rent: 1850
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 8

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 016 BLOCK 008 PENNHURST
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2097
Property ID Number: 2102824220088
Tax Year: 2025
Tax Amount: 8871
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Don’t miss this well-maintained side-by-side duplex, perfect for owner-occupants or investors alike! Each main level features two bedrooms, one bathroom, a bright kitchen, and a dining area that opens to a spacious living room. Unit 5433 offers an unfinished basement with mechanicals, laundry, a one-car attached garage, and newly roughed-in plumbing ready for a second bathroom. Unit 5435 is fully finished in the lower level, featuring a third bedroom, a 3/4 bathroom, laundry room, and a one-car attached garage. Both units include forced-air heating with individual furnaces, central air conditioning, a newer sewer liner, and a newer roof. Located just steps from some of the neighborhood’s favorite spots — Colita, Book Club, Red Wagon Pizza, Settergren’s Hardware, and the vibrant new Saturday Dumpling — this property combines comfort, convenience, and community charm. Measurements are approximate.
Directions: Penn Ave South and 54th

Accessible

None: Yes

Basement

Partially Finished: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Metal: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer - In Street: Yes

Stories

One: Yes

Water

City Water - In Street: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Heat: Yes
Lawn: Yes
Snow Removal: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Informal Dining Room: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 1 Fireplace Char

Wood Burning: Yes

Unit 2 Bath Description

3/4 Basement: Yes
Main Floor Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Informal Dining Room: Yes

Unit 2 Family Room Characteristics

Main Level: Yes

Unit 2 Fireplace Char

Wood Burning: Yes