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$1,199,000

2030 Penn Ave S Minneapolis, MN 55405

4,413 sqft
$272 / sqft
Multi-Family

Property details

About 2030 Penn Ave S

This exceptional multifamily gem in the heart of Kenwood offers historic Mpls charm blended with modern updates-a truly incredible income potential and a unique investment opportunity. Featuring a stunning Lake Superior rock garden by Bachmann, a hot tub in the private backyard oasis, heated garage, and near to multiple city lakes and parks. Unit One includes three bedrooms, a full bath, and a charming screened sun porch. Unit Two offers 3 bedrooms and a 3/4 bath (with in-floor heat), lovely front facing sunroom, peaceful balcony/deck overlooking the backyard. Unit Three offers a bright and sunny studio-style open floor layout with one bedroom, gorgeous 3/4 bath and sunny skylights. Each Unit features updated kitchens and bathrooms. Lower level provides even more great usable common space, fresh painted and attractive epoxy floors throughout-laundry room, three separate storage rooms one for each unit, a large open area that has been recently used as an exercise space. The private backyard is its own urban oasis, with dappled sunlight over stone pavers, garden, covered deck and relaxing hot tub. One car garage is oversized, fully finished and heated. Plenty of additional on site parking. Enjoy the perfect blend of historical elegance and modern updates in this highly desirable location. With Kenwood's top-tier amenities, schools, and access to Minneapolis's urban lakes and nature, this property offers both comfortable living and rental income potential in one of the city’s most sought-after neighborhoods.

Highlights

Home typeTriplex
HeatingBaseboard, Steam, Ductless, Fireplace(s), Radiant Floor, Radiant
StatusSale Pending
(Active)
Size4,413 sqft
BasementYes
Year built1911
ParkingDetached, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Other
MLS #6730762
Garage1 space

Summary

  • Basement: Yes
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Other
  • Heating: Baseboard, Steam, Ductless, Fireplace(s), Radiant Floor, Radiant
  • List Price: $1,199,000
  • Price/SqFt: $271
  • Lot: Many Trees
  • Directions: Hennepin Ave. to W. Franklin Ave. to Penn Ave. S.
  • Year Built: 1911
  • Living Area: 4,413 SqFt
  • MLS Number: 6730762
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Realty Integrity Lakes

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Kenwood Community School

Public District KG-5

0.0 mi

2013 Penn Ave S

1

Bryn Mawr Community School

Public District PK-5

0.9 mi

252 Upton Ave S

2

Whittier International Baccalaureate World School

Public Magnet PK-5

1.3 mi

315 W 26th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $204,493. Residents of Minneapolis, MN typically earn $200k+ each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
18%
35k-100k
19%
100k-200k
50%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2030 Penn Ave S

The listing price of 2030 Penn Ave S property is $1,199,000.

The property 2030 Penn Ave S is a multi located in Minneapolis, Minnesota, 55405.

Sale Pending: 2030 Penn Ave S is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 2030 Penn Ave S are: Kenwood Community School (GreatSchools Rating 4/10), Bryn Mawr Community School (GreatSchools Rating 1/10), Whittier International Baccalaureate World School (GreatSchools Rating 2/10), Jefferson Elementary School (GreatSchools Rating 1/10), Anwatin Community Middle School (GreatSchools Rating 1/10), Loveworks Academy for Arts (GreatSchools Rating 1/10), Downtown Campus (GreatSchools Rating 1/10), Merc (GreatSchools Rating 2/10), Fair Senior High School (GreatSchools Rating 4/10).

The property 2030 Penn Ave S is 4,413 SqFt (source: MLS/tax record).

The year of construction for 2030 Penn Ave S is 1911.

This home is located at 2030 Penn Ave S in Minneapolis, MN and zip code 55405 in the Calhoun-Isles neighborhood. This 4,413 square foot home was built in 1911. Features: 0 bathroom. It has been listed on Rocket Homes since June 1, 2025 and is currently priced at $1,199,000.

In June 2025, from all listings sold in Minneapolis, MN there were more than 634 sold above asking price, over 363 sold below and more than 245 were sold right at the asked price. The number of listings in Minneapolis, MN increased by 3.4% between May and June 2025. Listings spent 23 days on the market in June 2025, and had a median list price of $359,091 during the same period.

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

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