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3239 Penn Ave N

Minneapolis MN 55412

4
2
2
2330 sq. ft.
5227 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2330 sq. ft. floor area
5227 sq. ft. lot size
Single-Family

Property history for 3239 Penn Ave N

2022
Sold
$214,000
21 Dec 2022 by Shayne Hall, of Homes By Shayne
2017
Sold
$175,000
02 Oct 2017 by Terry Buchanan, of Real Estate Masters, Ltd.
2017
Sold
$81,000
11 Apr 2017 by Babatunde Shonoiki, of Lakes Area Realty, Inc

Happy sellers in Minneapolis

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We have insufficient information to provide an overview of customer satisfaction for Minneapolis. Viewing the agent profiles, reviews and sales for Minneapolis can provide insights for this location.

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

In the last 12 months, 54 four-bedroom single-family properties similar to 3239 Penn Ave N, have been sold.

This represents a 30% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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