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907 Penn Ave N, Minneapolis, MN, 55411

$320,000

Home List Price

$3,800*

Closing Credit

0 Baths
2,026 SqFt
$158/SqFt
Multi
Schools Nearby

Location

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907 Penn Ave N, Minneapolis$320,000

Buyer Closing Credits

$3,800*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1907
HeatingForced Air
BasementYes
MLS #6529290
StatusActive

About 907 Penn Ave N

BIG 6 bedroom duplex on desirable PENN Ave. Upper unit is vacant, lower unit has a built in renter with leas expiring in June. Each unit is over 1,024 FSF. Close to everything downtown has to offer. Great location. Make this one your today. Ask about the Down Payment Assistance Plans available that can give you over $30,000 in money to buy this duplex!

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Living Area: 2,026 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Bethune Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: HWY 55 WEST TO PENN NORTH TO PROPERTY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000
  • Price Per SqFt: $158/SqFt

Tax Information:

  • Annual Amount: $3,431
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

907 Penn Ave N vs Minneapolis

2 DAYS ON ROCKET

-25 Days

$320,000

-$23.6K Less

$158/SqFt

-$44 Less

KEY TAKEAWAY

This property is $23.6K less than the Median Sold Price and $44/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6529290

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 5/3/2024, 8:22:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 29, 2011Home Sold
$420,000
Apr 21, 2008Home Sold
$47,500
Feb 25, 2005Home Sold
$193,000
Sep 10, 2002Home Sold
$136,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,431$210,000
2019$3,314$187,500
2018$2,959$163,000
2017$2,513$137,000

History based on county public records data.

Payment Calculator

$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5574504
1
/10

  • Bethune Elementary

  • 919 Emerson Ave N

  • 0.71 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,652. Typical income of Minneapolis, MN residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55411›907 Penn Ave N

This home is located at 907 Penn Ave N in Minneapolis, MN and zip code 55411 in the Willard-Hay neighborhood. This 2,026 square foot home was built in 1907. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $320,000.

Over 519 listings were sold over their listed price in April 2024 in Minneapolis, MN. In the same period over 337 listings were sold below the listed price and 228 listings were sold for the listed price. Between March 2024 and April 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.8%. In April 2024 median list price was $343,683 and the average listing age was 27 days.

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

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