#6753466, Listing office: Kris Lindahl Real Estate
$349,900 List price
5311 Penn Ave S Minneapolis, MN 55419
2 beds
1 full
1,224 sqft
$286 / sqft
House
Property details
About 5311 Penn Ave S
Nestled in the highly sought-after Lynnhurst neighborhood near Lake Harriet, this delightful 2-bedroom, 1-bathroom home blends timeless character with modern potential. Step inside to find taller ceilings, beautiful classic woodwork, and an inviting ambiance throughout. The attic was professionally spray insulated approximately 10 years ago, offering improved energy efficiency. The heavily shaded lot also helps keep the home cool during the summer. While the lower level remains unfinished, it provides ample space and possibilities for future expansion. A detached, oversized 2-car garage completes this home.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,224 sqft
BasementYes
Year built1918
ParkingDetached
MLS #6756166
Garage2 spaces
Summary
- Full Bathrooms: 1
- Appliances: Cooktop, Dryer, Freezer, Gas Water Heater, Refrigerator, Washer
- Basement: Yes
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Forced Air
- Cooling: Central Air
- List Price: $349,900
- Price/SqFt: $285
- HOA Amount: $0
- Annual Tax Amount: $5,350
- Tax Year: 2023
- Directions: 50TH & PENN SOUTH ON PENN
- Year Built: 1918
- Living Area: 1,224 SqFt
- MLS Number: 6756166
- MLS Name: NORTHSTAR
- Office Name: HOMESTEAD ROAD
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Last updated on: 7/20/2025, 9:37:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $381,000 | $5,350 |
| 2022 | $376,000 | $5,332 |
| 2021 | $346,000 | $5,160 |
| 2020 | $302,500 | $4,385 |
| 2019 | $292,485 | $4,723 |
| 2018 | $292,485 | $4,863 |
| 2017 | $273,955 | $4,622 |
History based on county public records data.
Nearby schools
8
Armatage Elementary School
Public Magnet KG-5
0.4 mi
•2501 W 56th St
9
Burroughs Community School
Public District KG-5
0.5 mi
•1601 W 50th St
9
Kenny Community School
Public District KG-5
0.8 mi
•5720 Emerson Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $124,063. Typical income of Minneapolis, MN residents is between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
24%
<35k
14%
35k-100k
35%
100k-200k
27%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
9%
Single, with Kids
28%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Men's Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Boston Market
The Cheesecake Factory
What do the neighbors drive?
Audi
Mercedes
Volvo
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5311 Penn Ave S
The listing price of 5311 Penn Ave S property is $349,900.
The property 5311 Penn Ave S is a house located in Minneapolis, Minnesota, 55419.
Active Listing: 5311 Penn Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5311 Penn Ave S are: Armatage Elementary School (GreatSchools Rating 8/10), Burroughs Community School (GreatSchools Rating 9/10), Kenny Community School (GreatSchools Rating 9/10), Anthony Community Middle School (GreatSchools Rating 7/10), Agamim Classical Academy (GreatSchools Rating 7/10), Stonebridge World School (GreatSchools Rating 1/10), Southwest Senior High School (GreatSchools Rating 6/10), Washburn High School (GreatSchools Rating 6/10), Edina High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $5,350 (source: MLS/based on county public records data).
The property at 5311 Penn Ave S has 2 bedrooms and 1 bathroom.
The property 5311 Penn Ave S is 1,224 SqFt (source: MLS/tax record).
The year of construction for 5311 Penn Ave S is 1918.
This home is located at 5311 Penn Ave S in Minneapolis, MN and zip code 55419 in the Lynnhurst neighborhood. This 1,224 square foot home was built in 1918. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $349,900.
Over 634 listings were sold over their listed price in June 2025 in Minneapolis, MN. In the same period over 363 listings were sold below the listed price and 245 listings were sold for the listed price. The number of homes for sale 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.