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for saleRealtyLens property overview
$329,900
3706 Penn Ave N
Minneapolis, MN, 55412
View more Minneapolis, MN property pages7Beds
4Baths
2,699Sqft
$122$/sqft
Listing Notes
Freshly updated up/down duplex featuring rare massive 4 bed/2 bath upstairs and 3bed/2 bath on main level. Each unit has been thoughtfully refreshed with fresh paint throughout, completely remodeled kitchens with quartz countertops and new shaker-style cabinets, all while preserving the charm of the original hardwood floors. Plenty of natural light fills these spacious units, and shared laundry plus personal storage in the basement add everyday convenience. The detached 3-car garage a true rarity makes off-street parking effortless. The classic stucco and brick exterior keeps the 1920s charm but with some nice modern updates.
Market Insights
Below nearby median-34%
$122/sqft vs a nearby median of $185/sqft.
Nearby median$185/sqft
Nearby properties8
Property size2,699 sqft
- -34% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,699 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$506k$470k – $542k · 68% confidence
vs ask $330k−$176k (−53.3%)
Asking price is about 53.3% below the fair value — likely to draw competing offers if it's still on market.
$183/sqft median across 7 tight comps × 2,699 sqft= $494k
- Pre-war character+$12k +2.5%
Cumulative NYC adjustments+$12k+2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 6 days
- Last price change
- No change recorded
- Listed
- May 6, 2026
- Photos
- 33 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Jun 9, 2021 · $323,000
- Garage
- 3 spaces
Features & Amenities
Forced AirBasementTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreGarage 3 Or MoreUpdated KitchenHardwood Floors
Photos
Price History
May 8, 2026Initial record
$329,900for sale