Anand Prashad, Broker
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3239 Penn Avenue N, Minneapolis, MN 55412

$254,900
BEDS 4
BATHS 1 full 1 partial
SQUARE FEET 2,330
MLS# 7130881
  • 3239 Penn Avenue N, Minneapolis, MN 55412 Main Photo

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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

STATUS: Active
PROPERTY TYPE: Residential - Single Family
SUBDIVISION: Rheems Add
SCHOOL: Minneapolis

Property 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.

3239 Penn Avenue N | MLS# 7130881

This single family home located at 3239 Penn Avenue N, Minneapolis, MN 55412 is currently listed for sale with an asking price of $254,900. This property was built in 1920 and has 4 bedrooms and 1 full and 1 partial baths with 2330 sq. ft. Penn Avenue N is located in the Rheems Add subdivision within the Minneapolis school district. Search Rheems Add real estate on aprashad.counselorrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Block
Cooling: Central Air
Fuel Type: Natural Gas
Garage: 2 car attached
Heating: Forced Air
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $995
Year Built: 1920

Feature Descriptions

Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
Bath: 1/2 Basement, Upper Level Full Bath
Bathrooms Full: 1
Bathrooms Half: 1
Days on Site: 12
Down Payment Resource: Yes
Fencing: Privacy
Foundation Size: 787
Lot Dimensions: 40x126
Parcel#: 0802924140153
Parking: Attached Garage, Parking Lot
Sewer: City Sewer/Connected
SQ FT Total: 2330
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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Estimated Payment

$ 1,513.95 per month $1,356.68 Principal & Interest $82.92 Property Tax $74.35 Homeowner's Insurance

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