$540,000

6045 Penn Ave S Minneapolis, MN 55419

$6,413
Closing credit¹
2,833 sqft
$191 / sqft
Multi-Family

Property details

About 6045 Penn Ave S

This side-by-side duplex offers a fantastic opportunity for both owner-occupants and investors. Unit 1 (6047), which is vacant, features 3 bedrooms, 2 bathrooms, new kitchen cabinets and countertops, freshly painted walls, and new carpet in the downstairs living room and bedroom. Unit 2 (6045) is occupied by long-term tenants, offering the same layout with 3 bedrooms and 2 bathrooms, along with updated kitchen cabinets and countertops. With one unit ready to move into or rent out and the other generating steady income, this duplex is a rare find in a great location!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Size2,833 sqft
BasementYes
Year built1957
ParkingDetached, Concrete, Garage Door Opener
MLS #6705961
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener
  • Heating: Forced Air
  • List Price: $540,000
  • Price/SqFt: $190
  • Annual Tax Amount: $7,790
  • Tax Year: 2023
  • Lot: Corner Lot, Many Trees
  • Directions: From Hwy 100 or 35W, take 62 Crosstown, north on Penn Ave, 1st corner on right.
  • Year Built: 1957
  • Living Area: 2,833 SqFt
  • MLS Number: 6705961
  • MLS Name: NORTHSTAR
  • Office Name: Renters Warehouse

IDX Broker Reciprocity Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 10:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property with a chimney and stucco siding

$540,000

6045 Penn Ave S

$6,413

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 23, 2019
Home Sold
$270,000
Aug 08, 2018
Home Sold
$450,000
Aug 08, 2017
Home Sold
$335,000

Tax history

YearAssessmentProperty Tax
2023$488,000$7,790
2022$475,000$7,638
2021$413,000$7,279
2020$377,500$6,447
2019$363,000$6,703
2018$316,500$5,746
2017$282,500$5,180

History based on county public records data.

Nearby schools

5

Sheridan Hills Elementary

Public District KG-5

0.5 mi

6400 Sheridan Ave S

8

Armatage Elementary School

Public Magnet KG-5

0.6 mi

2501 W 56th 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $90,934. The most common annual income of people living in Minneapolis, MN is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

12%
<35k
44%
35k-100k
35%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • TennisTennis
  • SoccerSoccer

Where do the neighbors shop?

  • Chico'sChico's
  • IKEAIKEA
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • JeepJeep
  • BMWBMW

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 6045 Penn Ave S in Minneapolis, MN and zip code 55419 in the Armatage neighborhood. This 2,833 square foot home was built in 1957. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $540,000.

In March 2025, from all listings sold in Minneapolis, MN there were more than 364 sold above asking price, over 309 sold below and more than 165 were sold right at the asked price. The number of listings in Minneapolis, MN increased by 23.5% between February and March 2025. While the average time on the market in March 2025 was 41 days, the median list price was $353,912.

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

More resources