4027 Penn Avenue N - Photo 1
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4027 Penn Avenue N
4027 Penn Avenue N
4027 Penn Avenue N
4027 Penn Avenue N
4027 Penn Avenue N

4027 Penn Avenue N, Minneapolis, MN 55412 - MLS# 7165128

MLS® #: 7165128|Days on Market: 2|Listed: Oct 26, 2026

$275,000

Open HouseOct 29, 4 - 6 PM
Bedrooms
3
Bathrooms
2
Square Feet
1,768
Acres
0.12
Year Built
1914
Property Type
Residential
Heating
Natural Gas, Hot Water
Cooling
Ceiling Fan(s), Window Unit(s)
Garages
2
Days on Market
2
School District
1 - Minneapolis

Classic 3-bedroom, 2-bathroom single-family home in the Victory neighborhood of Minneapolis with a detached 2-car garage and a flexible layout. FHA/VA/Conventional financing welcome and down payment assistance available for eligible owner-occupant buyers. NEW ROOF on the house and NEW water heater. A second entrance provides convenient private access to the upstairs (or access from the main floor via a rear staircase), creating flexibility for a guest suite, home office, or other dedicated living space while maintaining its single-family zoning. The home features beautiful hardwood floors, original woodwork, leaded-glass windows, a decorative fireplace, gorgeous built-in buffet, and a sunny front porch. The semi-finished basement adds even more versatility with a hobby, sewing, or game room. There is both a second floor laundry and laundry in the basement - so two washer/dryer sets. Outside, enjoy a privacy-fenced, landscaped backyard with a spacious paver brick patio and additional off-street parking. Located on a BRT line with convenient access to downtown Minneapolis, this distinctive Victory neighborhood home combines classic character, flexible living space, and easy access to public transit. Some photos are virtually staged.

4027 Penn Avenue N, Minneapolis, MN 55412

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Open Houses

  • OCT29
    ThursdayTomorrow
    4 - 6 PM

Interior Information

BasementBlock, Full, Partially Finished
AppliancesDryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
CoolingWindow Unit(s)
HeatingBoiler, Hot Water, Radiator
FuelNatural Gas
Fireplace FeaturesDecorative, Living Room
LaundryGas Dryer Hookup, Laundry Closet, Lower Level, Sink, Upper Level, Washer Hookup
Dining RoomEat In Kitchen, Separate/Formal Dining Room
Interior AmenitiesCeiling Fan(s), French Doors, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
ElectricCircuit Breakers, 200+ Amp Service

Size & Levels

LevelsOne and One Half
Total Finished Sq Ft2,808 sq ft
Above Grade Finished1,768 sq ft
Main Level Finished1,040 sq ft

Bathrooms

Full Baths2
Bathroom DetailsMain Floor Full Bath, Upper Level Full Bath

Rooms

Main Level Rooms

Living Room16' x 11'
Dining Room13'5" x 12'
Informal Dining Room4' x 6'
Kitchen11'5" x 11'5"
Bedroom11' x 10'
Bedroom 210' x 10.75
Walk-In Closet5' x 5'
Porch7' x 26'

Upper Level Rooms

Family Room16'5" x 11'
Bedroom 311'5" x 11'
Laundry4' x 8'
Flex Room13'5" x 12'
Kitchen- 2nd11' x 11'

Exterior & Parking

ExteriorMetal, Stucco, Wood
ConstructionBlock, Frame
RoofAge 8 Years or Less, Architectural Shingle, Asphalt, Pitched
FoundationBlock
Patio / PorchPatio, Porch
Garage Stalls2
Garage Size20 x 20 (400 sq ft)
Garage Door16' wide x 7' tall
ParkingDetached Garage, Asphalt, Garage Door Opener

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.12 acres
Lot Dimensions40x130
Lot DescriptionPublic Transit (w/in 6 blks), Tree Coverage - Light
ZoningResidential-Single Family
SubdivisionThorpe Bros William Penn Add
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
FencingPrivacy, Wood

Financial & Tax Information

Annual Taxes$3,151
Tax Year2026
Tax w/ Assessments$3,151
Parcel Number0502924140213
Financing OptionsConventional, VA, FHA, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 73% of occupied homes are owner-occupied, and the average commute is 25 minutes.

Cost of Ownership

Median home value

$302,800

Lower than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,059/yr

Lower than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,834/mo

Lower than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$616/mo

Lower than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,881/mo

Higher than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

73%

Higher than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1938

Similar to the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 1960-19699%
  • 1950-195918%
  • 1940-194913%
  • 1939 or earlier55%

Types of homes

The share of housing units in each building type.

  • Single-family detached91%

Getting Around

Average commute

25 min

Higher than the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone69%
  • Carpool7%
  • Work from home19%

Homes with broadband

85%

Lower than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Loring Elementary, Olson Middle and Camden High attendance areas of Minneapolis Public School District.

Elementary

Loring Elementary

Grades PK-5 · 0.6 mi away

Enrollment
321
Students per teacher
10.7

2600 44th Ave N, Minneapolis, MN 55412

(612) 668-2060

Middle

Olson Middle

Grades 6-8 · 1.3 mi away

Enrollment
329
Students per teacher
8

1607 51st Ave N, Minneapolis, MN 55430

(612) 668-1640

High

Camden High

Grades 9-12 · 0.4 mi away

Enrollment
783
Students per teacher
10.2

4320 Newton Ave N, Minneapolis, MN 55412

(612) 668-2000

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: RE/MAX Results
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. 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 Pederson Realty 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.