2121 Penn Avenue S
Minneapolis, MN 55405
Price: $1,295,000
Beautiful all-brick 4-plex just a half block from Lake of the Isles in the coveted Kenwood neighborhood. This classic building showcases timeless craftsmanship, with interior units featuring natural oak woodwork and hardwood floors. Three units include original built-in buffets and elegant room dividers with bookcases separating the living and dining rooms.
A previous owner thoughtfully opened the sunroom and living room in Unit 1, creating an expansive, inviting space rarely found in buildings of this era. Over the years, all kitchens have been updated with a clean, modern style that complements the building’s historic character.
Major mechanical updates provide peace of mind and strong rental appeal: tenants pay their own heat and electricity, supported by four newer boilers (2017), four individual hot water heaters, and separate updated electrical panels. The roof was replaced in 2020 with a durable Duro-Last system, and the sewer line was fully lined in 2025.
Opportunities like this are rare—don’t miss one of the finest 4-plexes in the city, steps from the lake, parks, trails, and everything that makes Kenwood one of Minneapolis’ most desirable neighborhoods.
Basic Features:
| Style |
Fourplex |
| Type |
Residential Income |
| Zoning |
Residential-Single Family |
| Year Built |
1915 |
| School District |
Minneapolis |
| County |
Hennepin |
| Lot Size |
130x50 |
| Acreage |
0.15 acres |
| Bedrooms |
8 |
| Total Baths |
4 |
| Above Grade |
5,046 sq ft |
| Below Grade |
274 sq ft |
| Number of Units |
4 |
| Tax $ / Year |
$14,160 / 2025 |
| Tax ID |
|
| Legal Description |
|
Additional Features
| Government Programs |
|
| Section |
33 |
| Terrain Type |
|
| Roads |
City Street,Curbs,Paved Streets,Sidewalks,Street Lights |
| Basement |
Daylight/Lookout Windows,Full,Partially Finished,Shared Access,Storage/Locker,Storage Space,Unfinished |
| Driveway |
|
| Electric |
Circuit Breakers,Service - 60 Amp |
| Exterior Features |
Stone |
| Foundation |
2523.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Boiler,Hot Water |
| Pool |
None |
| Roof |
Age 8 Years or Less,Flat |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
On-Street Parking Only |
| Exterior Construction |
|
| Laundry |
I |
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