$ 254,900
-
$254,900
Price -
4
Bed -
2
Bath -
1,643
SqFt -
0.12
Acre
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About the Listing 7125 - 502048929
Welcome to this spacious and well-maintained 4-bedroom, 2-bathroom offering the perfect blend of character, functionality, and opportunity. Featuring large living space, four bedrooms on one level, an oversized 2-car garage, fenced backyard, and additional expansion potential in the basement, this home provides plenty of room to live, work and grow. Conveniently located just minutes from Downtown Minneapolis, major highways, parks, shopping, public transit, and neighborhood amenities, you'll enjoy easy access to everything the Twin Cities has to offer. Whether you're an owner-occupant seeking an affordable path to homeownership or an investor looking for strong rental potential, this property offers exceptional flexibility. The home currently benefits from Minneapolis 4D Affordable Housing Program, resulting in exceptionally low property taxes. Qualifying owner-occupant purchasers may be eligible for release of the affordability covenant through the City of Minneapolis, while investors can continue to benefit from the program's favorable tax treatment. Buyer to verify all program requirements and eligibility. A rare opportunity to own a large Minneapolis home with strong fundamentals, attractive carrying costs, and multiple paths to long-term value.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full / 1 Half
- Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 1543
- Below Ground Sq Ft: 100
- Basement: Block
- Other: 1/2 Basement,Upper Level Full Bath
- Water: City Water/Connected
Exterior Details
- Lot Description: Privacy
- Garage Capacity: 2 car
- Lot Dimensions: 40x126
- Zoning: Residential-Single Family
- Roof:
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Attached Garage,Parking Lot
Financial Details
- Tax Amount: $995
- Taxes w/Assessments: N/A
- Tax/Property ID: 0802924140153
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
3239 Penn Ave N Minneapolis, MN 55412
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