MN > Minneapolis > Egberts Add
Minneapolis, MN 55412,3440 Penn AVE N
Minneapolis, MN 55412,3440 Penn AVE N
Minneapolis, MN 55412,3440 Penn AVE N
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$300,000
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3,350 SqFt
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3440 Penn AVE N Minneapolis, MN 55412

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Sam Steadman

Sam Steadman

+1(952) 607-7436

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Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $89

Subdivision Egberts Add

MLS Listing ID 6715786

Year Built 1946

Annual Tax Amount $937

Tax Year 2025

Contingent None

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40x126

Property Sub-Type Duplex Side by Side

Property Description

Live in the newly remodeled side (3440) and rent the other. This is a great opportunity for either an
owner/occupant or a pure investor. The big stuff is done; high-efficiency furnaces in both units in 2016,
new 100 amp electrical panels in both units 2022, water heater in 3440 in 2022. 3440 has remodeled
kitchen, newly refinished hardwood in the living room & main level bedrooms, new carpet in the lower
level. Both units have big non-conforming 3rd bedrooms in the lower level with large egress windows. Most
of the exterior window trim was replaced with low-maintenance PVC in April 2025. Very stable, long-term
tenant has been in 3442 since 2009. Her current lease runs through 12/31/25. Taxes are extremely low as
both units are currently enrolled in the city's 4d affordable housing incentive program. Details
available on City of Minneapolis website. The listing agent is the owner of the property and is a Realtor
licensed in the State of Minnesota.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Drain Tiled, Egress Window(s), Finished, Full, Single Tenant Access, Sump Pump

Interior

Heating Forced Air

Fireplace No

Exterior

Fence Chain Link, Partial

Roof Type Age Over 8 Years,Architectural Shingle,Asphalt,Pitched

Building

Lot Description Public Transit (w/in 6 blks), Some Trees

Story One

Foundation 1730

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

Listed by Joel Smetanka • Edina Realty, Inc.

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agent

Sam Steadman

Agent

+1(952) 607-7436

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3440 Penn AVE N

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