# 3239 Penn Avenue N, Minneapolis, MN 55412 > **TL;DR:** 4bd/2ba single family, $254,900 ($155/sqft), built 1920, 1,643 sqft. > A/C, 2-car garage. Est. $1,363/mo. Listed 75 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $254,900 | | Price/sqft | $155 | | Bedrooms | 4 | | Bathrooms | 1 full, 1 half | | Square Feet | 1,643 | | Year Built | 1920 | | Lot Size | 5,227 sqft (0.12 acres) | | Garage | 2-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 75 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,289 | | Estimated Insurance | $74 | | **Total** | **$1,363** | ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 1920 - 0.12 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 3239 Penn Avenue N, Minneapolis, MN 55412 - **County:** Hennepin - **Neighborhood:** Rheems Add - **Coordinates:** 45.014393, -93.308619 - **Google Maps:** https://www.google.com/maps?q=45.014393,-93.308619 ## Listing Agent - **Name:** Obed Jean-Baptiste - **Brokerage:** Bridge Realty - **Broker Phone:** (952) 368-0021 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3239-Penn-Ave-N_Minneapolis_MN_55412_M74305-10389?f=listhub&s=RMLSMN&m=7130881&c=propsimple) ## Photos ![3239 Penn Avenue N - Photo 1](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3189260324r.jpg) ![3239 Penn Avenue N - Photo 2](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f1139119001r.jpg) ![3239 Penn Avenue N - Photo 3](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f895641444r.jpg) ![3239 Penn Avenue N - Photo 4](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2800971472r.jpg) ![3239 Penn Avenue N - Photo 5](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2226213199r.jpg) ![3239 Penn Avenue N - Photo 6](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f1158230144r.jpg) ![3239 Penn Avenue N - Photo 7](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3320131189r.jpg) ![3239 Penn Avenue N - Photo 8](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f1521541360r.jpg) ![3239 Penn Avenue N - Photo 9](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2677431168r.jpg) ![3239 Penn Avenue N - Photo 10](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2269394763r.jpg) ![3239 Penn Avenue N - Photo 11](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3821176636r.jpg) ![3239 Penn Avenue N - Photo 12](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2231268467r.jpg) ![3239 Penn Avenue N - Photo 13](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3673568155r.jpg) ![3239 Penn Avenue N - Photo 14](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2054300210r.jpg) ![3239 Penn Avenue N - Photo 15](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f859354788r.jpg) ![3239 Penn Avenue N - Photo 16](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3277608593r.jpg) ![3239 Penn Avenue N - Photo 17](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2360913001r.jpg) ![3239 Penn Avenue N - Photo 18](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3880581025r.jpg) ![3239 Penn Avenue N - Photo 19](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f2740632146r.jpg) ![3239 Penn Avenue N - Photo 20](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3504137441r.jpg) ![3239 Penn Avenue N - Photo 21](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f1342307682r.jpg) ![3239 Penn Avenue N - Photo 22](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3688101418r.jpg) ![3239 Penn Avenue N - Photo 23](http://lh.rdcpix.com/154e429ecb9e163f6c99b79bcddf4772l-f3073234256r.jpg) --- **MLS#:** 7130881 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3239-penn-avenue-n-minneapolis-mn-55412-19a18ff102b841e58483eb889a8d1b6c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3239-penn-avenue-n-minneapolis-mn-55412-19a18ff102b841e58483eb889a8d1b6c#listing", "url": "https://staging.propertysimple.ai/listing/3239-penn-avenue-n-minneapolis-mn-55412-19a18ff102b841e58483eb889a8d1b6c", "name": "3239 Penn Avenue N, Minneapolis, MN 55412", "description": "Welcome to this spacious and well-maintained 4-bedroom, 2-bathroom offering the perfect blend of character, functionality, and opportunity. 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