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Two-Unit Duplex with Separate Meters
New
For Sale
$379,000

822 Penn Avenue N, Minneapolis, MN 55411

Two distinct residences offer varied bedroom counts, outdoor space, and off-street parking.

Property Size5,060 SF
Price / SF$74.90
Days on Market2

Property Features for 822 Penn Avenue N

General Information

Standard status Active
Size 5,060 SF
Property subtype Multi-Family

Building Details

Year Built 1916
Listing Agency: Edina Realty, Inc
Listed By: The Antonov Group
Source: Theantonovgroup
Added: Sep 30 Last Checked: Sep 30 at 2:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc

Investment Insights

Based on property information with market context.

Built in 1916, this 5,060-square-foot duplex contains two separately metered residences. The upper apartment has four bedrooms, two full bathrooms, two living rooms, an office, in-unit laundry, and two decks, including a screened deck. The lower apartment includes three bedrooms, one bathroom, and a three-season porch. The upper unit is occupied, while the lower unit is vacant. Residents pay their own gas and electric, and two off-street parking spaces serve the property.

Highway 55 provides access toward downtown Minneapolis, the North Loop, and Golden Valley. Theodore Wirth Park trails are nearby.

Key Highlights

  • 5,060‑square‑foot duplex built in 1916
  • Two separately metered units: upper with 4 bedrooms and 2 full baths; lower with 3 bedrooms and 1 bath
  • Upper unit includes two living rooms, an office, in‑unit laundry, and two decks

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service HVAC Service Bakery Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 55411, MN

31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences offer varied bedroom counts, outdoor space, and off-street parking.
Where is this duplex located?
The property is located at 822 Penn Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 5,060‑square‑foot duplex built in 1916; Two separately metered units: upper with 4 bedrooms and 2 full baths; lower with 3 bedrooms and 1 bath; Upper unit includes two living rooms, an office, in‑unit laundry, and two decks
More about this property
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