2121 Penn Avenue S Minneapolis, MN 55405

$1,229,000
Active
estimated monthly payment
8 Beds  |  4 Baths  |  5,320 Sq Ft  |  Fourplex  |  MLS # 7071394
  • 2121 Penn
    2121 Penn
  • 2121 Penn
    2121 Penn
  • Looking NE
    Looking NE
  • Looking SW
    Looking SW
  • Lobby
    Lobby
  • Lobby
    Lobby
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 4
    Unit 4
  • Unit 4
    Unit 4
  • Unit 4
    Unit 4
  • Unit 4
    Unit 4
  • Unit 4
    Unit 4
  • Unit 4
    Unit 4
  • Unit 4
    Unit 4
  • Four Boilers
    Four Boilers
  • Laundry Room
    Laundry Room
  • Electrical Panels
    Electrical Panels
  • Backyard with patio
    Backyard with patio
  • Looking South
    Looking South
  • Looking East
    Looking East
  • Looking NW
    Looking NW
  • Duro-Last Roof
    Duro-Last Roof
  • Lake of the Isles
    Lake of the Isles
  • Lake of the Isles
    Lake of the Isles
  • Basement
    Basement
  • First Floor
    First Floor
  • Second Floor
    Second Floor
  • All Levels
    All Levels

About The Listing

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.


Listing courtesy of Christopher J Carrow, Coldwell Banker Realty - Lakes
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1915
MLS #: 7071394
Bedrooms: 8
Square Feet: 5,320
Price Per Square Foot: $231
Garage Spaces: 0
Parking Description: On-Street Parking Only
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler, Hot Water
Basement: Daylight/Lookout Windows, Full, Partially Finished, Shared Access, Storage/Locker, Storage Space, Unfinished
Foundation Type: Brick/Mortar, Concrete Perimeter
Construction Description: Frame
Roof Description: Age 8 Years or Less, Flat
Days On Market (Continuous): 74
Disability Features: None
Latest Update: 05/27/2026
List Date: 05/11/2026
Listing Agent ID: 502017569
Listing Office: Coldwell Banker Realty - Lakes
Listing Office ID: 5116
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Basement, Common Area
Exterior Features: Stone
Lot Dimensions: 130x50
Lot Size: 0.15 Acres
Pool Description: None
School District: Minneapolis
Tax Year: 2025
Estimated Taxes: $14,160
Contingency Type: None
City: Minneapolis
Zip: 55405
County: Hennepin
Subdivision: Island Park Add
State: MN

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Listing last updated: 05/27/26

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