new - 6 days on rocket

5432 Penn Ave S, Minneapolis, MN, 55419

$569,900

Home List Price

$6,768*

Closing Credit

0 Baths
2,738 SqFt
$208/SqFt
Multi

Location

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5432 Penn Ave S, Minneapolis$569,900

Buyer Closing Credits

$6,768*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete
Year Built1947
HeatingForced Air
BasementYes
MLS #6631156
StatusActive

About 5432 Penn Ave S

Awesome side x side duplex in the heart of the Amitage neighborhood! Easy to rent and great potential for owner-occupied, new investors or adding to your current portfollio. Everything was updated in 2021; kitchens, SS appliances, tile, HW floors, fresh trim, doors and lighting. Great condition and ready to rent! Stellar location, both are 3 bed, 1 bath, off-street parking, split heat and electric, laundry in both units and finished basements, with storage.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Living Area: 2,738 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 62 to Penn Ave N to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $569,900
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $5,054
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

5432 Penn Ave S vs Minneapolis

6 DAYS ON ROCKET

-28 Days

$569,900

+$220K More

$208/SqFt

+$6 More

KEY TAKEAWAY

This property is $220K more than the Median Sold Price and $6/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6631156

Listing Office:

  • Office Name: RE/MAX Results

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 14, 2021Home Sold
$521,000
Nov 02, 2020Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,054$352,500
2019$6,643$352,500
2018$6,239$320,500
2017$5,676$286,000

History based on county public records data.

Payment Calculator

$2,912

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,775

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-310529
8
/10

  • Armatage Elementary School

  • 2501 W 56th St

  • 0.24 miles

  • Public Magnet Grades KG-5

school-card-donut-310530
9
/10

  • Burroughs Community School

  • 1601 W 50th St

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-310531
9
/10

  • Kenny Community School

  • 5720 Emerson Ave S

  • 0.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,683. Typical income of Minneapolis, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55419›5432 Penn Ave S

This home is located at 5432 Penn Ave S in Minneapolis, MN and zip code 55419 in the South Gate Terrace neighborhood. This 2,738 square foot home was built in 1947. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $569,900.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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