$ 1,229,000
-
$1,229,000
Price -
8
Bed -
4
Bath -
5,320
SqFt -
0.15
Acre
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About the Listing 5116 - 502017569,502001753
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 Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Boiler,Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5046
- Below Ground Sq Ft: 274
- Basement: Daylight/Lookout Windows,Full,Partially Finished,Shared Access,Storage/Locker,Storage Space,Unfinished
- Other:
- Water: City Water/Connected
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 130x50
- Zoning: Residential-Single Family
- Roof: Age 8 Years or Less,Flat
- Others:
- Sewer: City Sewer/Connected
- Parking Features: On-Street Parking Only
Financial Details
- Tax Amount: $14,160
- Taxes w/Assessments: N/A
- Tax/Property ID: 3302924220048
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
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Questions About..
2121 Penn Ave S Minneapolis, MN 55405
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