822 Penn Avenue NMinneapolis, MN 55411
$379,000
9 bedrooms · 4 bathrooms · 3,600 finished sq ft · 0.12 acre lot
About this home
Welcome to 822 Penn Ave N, Minneapolis. A solid 1916 up/down duplex offering two large, separately metered units, with the upper unit already generating income. It features 9 bedrooms, 4 full baths, two living rooms, a dedicated office, in-unit laundry, and two decks, one screened for three-season use. The upper unit is a standout. It is currently tenant-occupied at $1,868/month but should rent for $2250 in the current market. The lower unit is currently vacant but previously received $2500/mo with 3 bedrooms, 1 bath, and a three-season porch. Tenants pay their own gas and electric, and two off-street parking spots add everyday convenience. Quick access to Highway 55 puts downtown, North Loop and Golden Valley within easy reach, with Theodore Wirth Park's trails nearby. Move into the lower unit and let the upper help cover the mortgage, or add a ready-to-go two-unit to your portfolio.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1916
- Bedrooms
- 9
- Bathrooms
- 4
- Finished sq ft
- 3,600
- Lot
- 0.12 acres
- Basement
- Block
- Heating
- Natural Gas, Forced Air
- Property taxes
- $6,866 a year
- Listed
- September 29, 2026
- MLS number
- 7150103
Listing courtesy of Side by Side Realty LLC (Scott Hoefler). MLS #7150103.
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How it compares
822 Penn Avenue N, Minneapolis, MN 55411 is a 9-bedroom multi-family home built in 1916 in Near North, listed for $379,000 on September 29, 2026 by Side by Side Realty LLC. That is in the middle range of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $105 per square foot here against $170 for the group). That works out to $105 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:25 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.
- Near North, 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.
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