6041 Penn Ave S

$500,000
Price
—
Beds
—
Baths
2,517 Sq. Ft.
$199 / Sq. Ft.
2,517
Sq. Ft.
$199
per Sq. Ft.

Description

This side-by-side duplex offers a fantastic opportunity for both owner-occupants and investors. Unit 1 (6041), which is vacant, features 3 bedrooms, 1.5 bathrooms, new kitchen cabinets and countertops, freshly painted walls, new carpet in the downstairs living room and bedroom and new LVP flooring upstairs. Unit 2 (6043) is occupied by long-term tenants, offering 2 bedrooms and 1.5 bathrooms, along with updated kitchen cabinets and countertops. There is room in the basement to add a 3rd bedroom....This side-by-side duplex offers a fantastic opportunity for both owner-occupants and investors. Unit 1 (6041), which is vacant, features 3 bedrooms, 1.5 bathrooms, new kitchen cabinets and countertops, freshly painted walls, new carpet in the downstairs living room and bedroom and new LVP flooring upstairs. Unit 2 (6043) is occupied by long-term tenants, offering 2 bedrooms and 1.5 bathrooms, along with updated kitchen cabinets and countertops. There is room in the basement to add a 3rd bedroom. With one unit ready to move into or rent out and the other generating steady income, this duplex is a rare find in a great location!

Property Details for 6041 Penn Avenue South

Neighborhood
Armatage
Zoning Jurisdiction
Residential-Multi-Family,Residential-Single Family
LISTING UPDATED: 11/04/2025 11:33 AM

Property Details for 6041 Penn Avenue South

StatusActive
MLS #6790836
Days on Compass77
Taxes$7,707 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex Side by Side
Year Built1956
Lot Size0.16 AC / 6,969 SF
CountyHennepin County

Location

Listing Courtesy of Renters Warehouse
Add your commute

Building Information for 6041 Penn Avenue South

Stories-Residences2Year Built1956Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$3,113 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,471

Property Taxes

$642

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6041 Penn Avenue South

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Penn Ave 2 blks North of Hwy 62
  • Latitude: 44.8928439181
  • Longitude: -93.3082667484
  • Map Coordinate: 120-B4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55419
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 2102824330152
  • Tax Annual Amount: $7,707.00
  • Tax Legal Description: S 34 FT of TRACT E AND THAT PART OF TRACT D LYING N OF SO 52 FT THEREOF
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 7707.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 1850.0
  • Below Grade Fin SQFT: 667.0
  • SQFT Total: 2517.0
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 53X125
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Side by Side
  • Property Type: Residential Income
  • SQFT Main Total: 1859.0000
  • Building Area Total: 2517.0
  • Above Grade SqFt Total: 1850.0000
  • Below Grade SqFt Total: 667.0000
Property and Assessments
  • Age Of Property: 69
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: None
  • Foundation Area: 1850.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
  • Roof: Asphalt
Interior Features
  • Basement Type: Finished, Full
  • DP Resource: Y
  • Garage Square Feet: 150
  • Heating: Forced Air
  • Levels: One
  • Number of Refrigerator: None
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: None
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 2
  • Unit Parking: 1
  • Unit Rooms Total: 6
  • Unit SqFt: 1328
  • Unit Type Actual Rent: $2,328.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 12x10
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 14x10
  • Bedroom 2 Room Level: Main (Ground)
  • Family Room Dimensions: 27x14
  • Family Room Level: Lower
  • Kitchen Room Dimensions: 15x10
  • Kitchen Room Level: Main (Ground)
  • Licing Room Dimensions: 18x12
  • Living Room Level: Main (Ground)
  • Unit Type Total Rent: 0
Unit 2
  • Unit Amenities: Tile Floors
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 2
  • Unit Parking: 1
  • Unit Rooms Total: 6
  • Unit SqFt: 1214
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 14x10
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 12x10
  • Bedroom 2 Room Level: Main (Ground)
  • Family Room Dimensions: 17x17
  • Family Room Level: Lower
  • Kitchen Room Dimensions: 17x10
  • Kitchen Room Level: Main (Ground)
  • Licing Room Dimensions: 17x11
  • Living Room Level: Main (Ground)
  • Unit Type Total Rent: 0

Property History for 6041 Penn Avenue South

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Price Change

NorthStar #6790836

$500,000—
Oct 11, 2025

Price Change

NorthStar #6790836

$515,000—
Sep 18, 2025

Price Change

NorthStar #6790836

$530,000—
Sep 18, 2025

Listed (Active)

NorthStar #6790836

—
Nov 29, 2021

Sold (Public Record)

Public Record #1478797011

$445,000—
Sep 23, 2013

Off Market

Lake Superior Area REALTORS #1682816

$339,500—
Mar 8, 2012

Sold

Lake Superior Area REALTORS #1697486

$146,800—
Feb 10, 2012

Pending

Lake Superior Area REALTORS #1697486

—
Dec 22, 2011

Listed (Active)

Lake Superior Area REALTORS #1697486

$137,900—
Aug 3, 2008

Off Market

Lake Superior Area REALTORS #1683602

$312,000—
Oct 5, 2007

Listed (Active)

Lake Superior Area REALTORS #1683602

$332,000—
Aug 6, 2007

Listed (Active)

Lake Superior Area REALTORS #1682816

$339,500—
Feb 25, 1994

Off Market

NorthStar #1008499

—
Feb 24, 1994

Pending

NorthStar #1008499

—
Aug 18, 1993

Listed (Active)

NorthStar #1008499

$120,900—
DateEvent & SourcePrice
11/04/2025

Price Change

NorthStar #6790836

$500,000
10/11/2025

Price Change

NorthStar #6790836

$515,000
09/18/2025

Price Change

NorthStar #6790836

$530,000
09/18/2025

Listed (Active)

NorthStar #6790836

—
11/29/2021

Sold (Public Record)

Public Record #1478797011

$445,000
09/23/2013

Off Market

Lake Superior Area REALTORS #1682816

$339,500
03/08/2012

Sold

Lake Superior Area REALTORS #1697486

$146,800
02/10/2012

Pending

Lake Superior Area REALTORS #1697486

—
12/22/2011

Listed (Active)

Lake Superior Area REALTORS #1697486

$137,900
08/03/2008

Off Market

Lake Superior Area REALTORS #1683602

$312,000
10/05/2007

Listed (Active)

Lake Superior Area REALTORS #1683602

$332,000
08/06/2007

Listed (Active)

Lake Superior Area REALTORS #1682816

$339,500
02/25/1994

Off Market

NorthStar #1008499

—
02/24/1994

Pending

NorthStar #1008499

—
08/18/1993

Listed (Active)

NorthStar #1008499

$120,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6041 Penn Avenue South

Taxable ValueLand$141,000Additions$283,000Total$424,000
Tax Record2025$7,707 ($642 / month)
Home Facts
Baths3Total Finished SqFt1,881 SqFtAbove Grade Finished SqFt1,881 SqFtStories1Lot Size6,534 SqFtStyleDuplexYear Built1956ZoningR2BCountyHENNEPINAPN21-028-24-33-0152Fireplace TypeHas Fireplace

Schools near 6041 Penn Avenue South

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 8
Rating
School
Distance
Armatage Elementary School
PublicPK to 5

Anthony Middle School
Public6 to 8

Southwest Senior High School
Public9 to 12

Lake Harriet Upper School
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6041 Penn Avenue South is a multi-family home for sale in Minneapolis, MN 55419. This property was listed for sale on September 18, 2025 by Renters Warehouse, it's currently listed at $500,000. It has been on the market for a total of 77 days and was last sold on November 29, 2021. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Armatage Elementary School, Anthony Middle School and Southwest Senior High School. 6041 Penn Avenue South is a 0-bed, 0-bath, 2,517 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Renters Warehouse

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/05/2025 12:10 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.