2121 Penn Avenue SMinneapolis, MN 55405
$1.229 million
8 bedrooms · 4 bathrooms · 5,320 finished sq ft · 0.15 acre lot
About this home
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.
Home facts
- Home type
- Townhome
- Style
- Quadruplex
- Year built
- 1915
- Bedrooms
- 8
- Bathrooms
- 4
- Finished sq ft
- 5,320
- Lot
- 0.15 acres
- Basement
- Full, Partially Finished, Storage Space, Unfinished, Daylight
- Heating
- Natural Gas, Hot Water
- Property taxes
- $14,160 a year
- Listed
- May 11, 2026
- MLS number
- 7071394
Listing courtesy of Coldwell Banker Realty - Lakes (Christopher J Carrow). MLS #7071394.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 9:09 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
How it compares
2121 Penn Avenue S, Minneapolis, MN 55405 is a 8-bedroom townhome built in 1915 in Kenwood, listed for $1.229 million on May 11, 2026 by Coldwell Banker Realty - Lakes. That is in the upper quarter of the 28 townhomes for sale in Minneapolis right now (median $629,500; $231 per square foot here against $183 for the group). That works out to $231 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Kenwood, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
Compare
Similar homes for sale in Minneapolis
$949,9002125 Harriet Avenue, Minneapolis, MN 55405MLS #7153672Listing courtesy of Keller Williams Premier Realty Lake Minnetonka
$899,9991143 15th Avenue SE, Minneapolis, MN 55414MLS #7164415Listing courtesy of Trustar Procurement LLC
$825,000444-446 Madison Street NE, Minneapolis, MN 55413MLS #7105425Listing courtesy of Luke Real Estate
$799,9002316 25th Avenue S, Minneapolis, MN 55406MLS #7144916Listing courtesy of RE/MAX Results
$749,9002549 11th Avenue S, Minneapolis, MN 55404MLS #7149877Listing courtesy of Edina Realty, Inc.
$725,0003500 1st Avenue S, Minneapolis, MN 55408MLS #7075302Listing courtesy of Summit Realty LLC