822 Penn Ave N Minneapolis, MN 55411

Listing details for 822 Penn Ave N, Minneapolis, MN 55411 : Welcome to 822 Penn Ave N, Minneapolis. A solid 1916 up/down duplex offering two large, separately metered units, with the upper unit already generating income. The upper unit is a standout: 4 bedrooms, 2 full baths, two living rooms, a dedicated office, in-unit laundry, and two decks, one screened for three-season use. It is currently tenant-occupied at $1,868/month but should rent for $2250 in the current market. The lower unit is currently vacant but previously received $2500/mo. It features 3 bedrooms, 1 bath, and a three-season porch. Tenants pay their own gas and electric, and two off-street parking spots add everyday convenience. Quick access to Highway 55 puts downtown, North Loop and Golden Valley within easy reach, with Theodore Wirth Park's trails nearby. Move into the lower unit and let the upper help cover the mortgage, or add a ready-to-go two-unit to your portfolio.