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Back 3023 Penn Ave N
Off Market

3023 Penn Ave N

Minneapolis MN 55411

4
2
1
1872 sq. ft.
5227.2 sq. ft.
Single-Family
Last sold for $175,000
Nicole StoneNicole Stone, last sold this property on 05 December 2025 after 16 days on market.

Overview

Investment opportunity alert! This 4-bed, 2-full-bath split-level home offers incredible potential in a prime location—just steps from shopping, restaurants, and nearby parks. With solid bones and an ideal layout, this property is ready for your vision, updates, or full renovation. The split-level design provides flexible living spaces, including two bedrooms and a full bath on each level, plus a lower-level family room — perfect for future rental income, resale value, or multi-generational living. Situated on a nice lot in a walkable neighborhood, this as-is sale is a rare chance to invest in a high-demand area and create immediate equity. Bring your contractor and unlock the potential!

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1872 sq. ft. floor area
5227.2 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Minneapolis over the last 12 months, the estimated median property value of 3023 Penn Ave N is $275k.

Median value
$275k
Estimated value range
$87k - $535k
Median days on market
26
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Minneapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3023 Penn Ave N

2025
Sold
$175,000
05 Dec 2025 by Nicole Stone, of RE/MAX Results
2020
Sold
$1,400,538
28 Jan 2020
2010
Sold
$45,000
28 Sep 2010 by David Doran, of EXIT Realty Metro

Happy sellers in Minneapolis

<50%
Less than 50% of sellers in Minneapolis reported that their sale price either exceeded or met their price expectations.

Minneapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Minneapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Minneapolis

In the last 12 months, 72 four-bedroom single-family properties similar to 3023 Penn Ave N, have been sold.

This represents a 29% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Minneapolis

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Shona Jackson

Shona Jackson is a recommended agent for Minneapolis.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Minneapolis
  •  2 Sales in Minneapolis
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Mary Merrick

Mary Merrick is a recommended agent for Minneapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (7 reviews)
  •  1 Review in Minneapolis
  •  1 Sale in Minneapolis
View profile
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Nicole Stone

Nicole Stone is a recommended agent for Minneapolis.  They have 7 local sales across the last 12 months.

  •   5   (2 reviews)
  •  7 Sales in Minneapolis
View profile
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Raul Sanchez Aguilar

Raul Sanchez Aguilar is a recommended agent for Minneapolis.  They have 6 local sales across the last 12 months.

  •  6 Sales in Minneapolis
View profile
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