3643 Penn Avenue North

Minneapolis, MN 55412

$1,343,000
Price
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Description

3643 Penn Ave N is a stately brick 17-unit building with potential opportunity for an 18th, unit. Built in 1970 with off-street parking and a large lot adjacent to the build. Front and back entries have double glass security doors and ceramic tile floors. High efficiency boiler installed in 2017, 3 hot water heaters, electrical upgrades roof is new in 2012. Excellent opportunity.3643 Penn Ave N is a stately brick 17-unit building with potential opportunity for an 18th, unit. Built in 1970 with off-street parking and a large lot adjacent to the build. Front and back entries have double glass security doors and ceramic tile floors. High efficiency boiler installed in 2017, 3 hot water heaters, electrical upgrades roof is new in 2012. Excellent opportunity.
  1. Listed by RE/MAX Results

Property Details for 3643 Penn Avenue North

Neighborhood
Cleveland
Subdivision Name
Oak Wood Add
Zoning Jurisdiction
Residential-Multi-Family

Location

Listing Courtesy of RE/MAX Results
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LISTING UPDATED: 03/21/2024 03:25 PM

Property Details for 3643 Penn Avenue North

StatusActive
MLS #6467927
Days on Compass120
Taxes$21,598 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1970
Lot Size0.37 AC / 16,117 SF
CountyHennepin County

Location

Listing Courtesy of RE/MAX Results
Add your commute

Building Information for 3643 Penn Avenue North

Stories-Residences17Year Built1970Lot Size0.37 AC / 16,117 SF

Payment Calculator

$9,129 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,329

Property Taxes

$1,800

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3643 Penn Avenue North

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: I-94 West to Dowling Ave N. Left on Dowling, Left on Penn Ave.
  • Latitude: 45.021664
  • Longitude: -93.308666
  • Map Coordinate: 92-B3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55412
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 0502924440005
  • Tax Annual Amount: $21,598.00
  • Tax Legal Description: BLOCK 001 OAK WOOD ADDN TO MPLS LOT 4 5 AND 6
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 21598.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 0.37
  • Lot Size Dimensions: 128x127
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 12533.0
Property and Assessments
  • Age Of Property: 54
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 4203.0
  • Fuel: Natural Gas
Interior Features
  • Heating: Boiler, Hot Water
  • Basement YN: No

Property History for 3643 Penn Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3643 Penn Avenue North

Taxable ValueLand$130,300Additions$1,225,700Total$1,356,000
Tax Record2023$21,598 ($1,800 / month)
Home Facts
Total Finished SqFt8,368 SqFtAbove Grade Finished SqFt8,368 SqFtStories2Lot Size16,117 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningR5CountyHENNEPINAPN05-029-24-44-0005

Schools near 3643 Penn Avenue North

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 - 9 to 12
Rating
School
Distance
Olson Middle School
Public6 to 8

Henry Senior High School
Public9 to 12

Henry High School - Sws
Public9 to 12

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.

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3643 Penn Avenue North is for sale in Minneapolis, MN 55412. This property was listed for sale on December 28, 2023 by RE/MAX Results, it's currently listed at $1,343,000. It has been on the market for a total of 120 days and was last sold on February 28, 2018. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Lucy Laney @ Cleveland Park Elementary School, Olson Middle School and Henry Senior High School. 3643 Penn Avenue North is a 0-bed, 0-bath, built in 1970.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 03/21/2024 03:25 PM