Savvy Avenue
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No HOA
Street View
$254,900
Monthly Est:$1,269
4 Beds
2 Baths1 full bath + 1 half bath
1,643sqft
3239 Penn Ave N, Minneapolis, MN 55412
$254,900
$1,269/moEst:
Get Pre-Approved
Single Family Residence
Built in 1920
$-- HOA
5,227 sqft lot
$155/sq.ft
Description
Welcome to this spacious and well-maintained 4-bedroom, 2-bathroom offering the perfect blend of character, functionality, and opportunity. Featuring large living space, four bedrooms on one level, an oversized 2-car garage, fenced backyard, and additional expansion potential in the basement, this home provides plenty of room to live, work and grow. Conveniently located just minutes from Downtown Minneapolis, major highways, parks, shopping, public transit, and neighborhood amenities, you'll enjoy easy access to everything the Twin Cities has to offer.
Whether you're an owner-occupant seeking an affordable path to homeownership or an investor looking for strong rental potential, this property offers exceptional flexibility. The home currently benefits from Minneapolis 4D Affordable Housing Program, resulting in exceptionally low property taxes. Qualifying owner-occupant purchasers may be eligible for release of the affordability covenant through the City of Minneapolis, while investors can continue to benefit from the program's favorable tax treatment. Buyer to verify all program requirements and eligibility.
A rare opportunity to own a large Minneapolis home with strong fundamentals, attractive carrying costs, and multiple paths to long-term value.
- Houzeo last checked: 4 hours ago
- Listing updated: August 22, 2026 at 10:20 am
- Listing Provided by: Obed Jean-Baptiste (845) 821-0077 | Bridge Realty, LLC (952) 368-0021
- Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 7130881
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
1,643 sqft
Lot Size
5,227 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7130881
Days on Market
74
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Bedroom
Level: Upper
Bedroom 4
Level: Upper
Bedroom 2
Level: Upper
Bedroom 3
Level: Upper
Interior
Sewer
City Sewer/connected
Exterior Features
Vinyl
Appliances
Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
Cooling
Central Air
Heating
Forced Air
Construction
Year Built
Year Built: 1920
Home type
Single Family Residence
Foundation Details
Brick/mortar
Utilities & Energy
Electric
Circuit Breakers
Basement
Block
Water Source
City Water/connected
Parking Features
Attached Garage, Parking Lot
Other Features
Subdivision Name
Rheems Add
Price History
| Date | Event | Price |
|---|---|---|
08/22/2026 Source: | Listed for Sale | $254,900 +19.11% $155/sqft |
05/06/2025 Source: | Price Increased | $214,000 +164.20% $130/sqft |
03/16/2022 Source: | Sold | $81,000 -35.20% $49/sqft |
04/09/2021 Source: | Listing Removed | $125,000 -28.57% $76/sqft |
04/08/2021 Source: | Sold | $175,000 $107/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 04, 2026, 12:45PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
