REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 1,229,000

Est. payment -/mo

Save

New

2121 Penn AVE S Minneapolis, MN 55405

8 Beds

4 Baths

5,320 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,320 sqft

Price per Sqft $231

Subdivision Island Park Add

MLS Listing ID 7071394

Bedrooms 8

Year Built 1915

Annual Tax Amount $14,160

Tax Year 2025

Contingent None

Lot Size 6,534 Sqft

Lot Dimensions 130x50

Property Sub-Type Fourplex

Property Description

Beautiful all-brick 4-plex just a half block from Lake of the Isles in the coveted Kenwood neighborhood. This classic building showcases timeless craftsmanship, with interior units featuring natural oak woodwork and hardwood floors. Three units include original built-in buffets and elegant room dividers with bookcases separating the living and dining rooms.

A previous owner thoughtfully opened the sunroom and living room in Unit 1, creating an expansive, inviting space rarely found in buildings of this era. Over the years, all kitchens have been updated with a clean, modern style that complements the building's historic character.

Major mechanical updates provide peace of mind and strong rental appeal: tenants pay their own heat and electricity, supported by four newer boilers (2017), four individual hot water heaters, and separate updated electrical panels. The roof was replaced in 2020 with a durable Duro-Last system, and the sewer line was fully lined in 2025.

Opportunities like this are rare—don't miss one of the finest 4-plexes in the city, steps from the lake, parks, trails, and everything that makes Kenwood one of Minneapolis' most desirable neighborhoods.

Location

State MN

County Hennepin

Zoning Residential-Single Family

Rooms

Basement Daylight/Lookout Windows, Full, Partially Finished, Shared Access, Storage/Locker, Storage Space, Unfinished

Interior

Heating Boiler, Hot Water

Fireplace No

Laundry In Basement, Common Area

Exterior

Parking Features On-Street Parking Only

Pool None

Roof Type Age 8 Years or Less,Flat

Building

Story Two

Foundation 2523

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Frame

New Construction false

Schools

School District Minneapolis

Listed by Christopher Carrow • Coldwell Banker Realty - Lakes

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

2121 Penn AVE S Minneapolis, MN 55405

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

2121 Penn AVE S

QUICK SEARCH