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12 Penn Ave; Minneapolis, MN Property Details

12 Penn Ave, Minneapolis, MN is a Triplex 3 Units that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 12 Penn Ave has 3 bedrooms, and 3 bathrooms, and a total of 1,622 square feet. The lot size of 12 Penn Ave is 10,454 square feet.

Off market
8 Penn Ave S Minneapolis, MN 55405
$355,000 Listing Price
3 Beds
3 Baths
1,622 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1949
  • Purchase Price: $385,000
  • Est. Equity / %: $587,000 / 100%
  • APN: 29-029-24-11-0167
  • Situs County: Hennepin
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,622/SqFt
  • Lot: 10,454/SqFt
  • Gross: 3,244/SqFt
  • Living: 1,622/SqFt
  • Basement: 1,622/SqFt
  • Building: 3,244/SqFt
  • Ground: 1,622/SqFt
  • Price Per Square Foot: $237.36

Legal Description

  • Description: LOT 003 A HAWTHORNE AVE ADDN TO MPLS LOTS 3 AND 4 80 X 130
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.976757 / -93.30861
  • Subdivision: Hawthorne Ave Addn To Mpls
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: TP

Amenities

  • Plus Four: 2005
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 3

Ownership Info

8 Penn Ave S has no associated ownership info
8 Penn Ave S has no associated ownership info.

Taxes

8 Penn Ave S has 10 associated Taxes items

12 Penn Ave, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $525,800. The APN we've located for 12 Penn Ave is 29-029-24-11-0167.

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Taxes
  • Assessed Value:  $525,800
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  29-029-24-11-0167
  • Assessed Land Value:  223000
  • Market Land Value:  223000
  • Tax Amount:  9940.62
  • Tax Year:  2025
  • Market Value:  525800
  • Market Year:  2025

Tax History

8 Penn Ave S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $525,800 Land Value $223,000 Improvement Value $302,800 Tax Amount $9,940.62 Change Rate +0.057382% Assessed CR Tax Rate +0.018906%
Year 2024 Assessed Value $518,000 Land Value $223,000 Improvement Value $295,000 Tax Amount $9,401.16 Change Rate +0.173168% Assessed CR Tax Rate +0.018149%
Year 2023 Assessed Value $503,000 Land Value $211,000 Improvement Value $292,000 Tax Amount $8,013.48 Change Rate +0.193093% Assessed CR Tax Rate +0.015931%
Year 2022 Assessed Value $457,000 Land Value $195,000 Improvement Value $262,000 Tax Amount $6,716.56 Change Rate +0.040037% Assessed CR Tax Rate +0.014697%
Year 2021 Assessed Value $397,000 Land Value $140,000 Improvement Value $257,000 Tax Amount $6,458 Change Rate -0.001228% Assessed CR Tax Rate +0.016267%
Year 2020 Assessed Value $397,000 Land Value $142,300 Improvement Value $254,700 Tax Amount $6,465.94 Change Rate +0.07205% Assessed CR Tax Rate +0.016287%
Year 2019 Assessed Value $367,500 Land Value $136,400 Improvement Value $231,100 Tax Amount $6,031.38 Change Rate +0.099381% Assessed CR Tax Rate +0.016412%
Year 2018 Assessed Value $334,000 Land Value $136,400 Improvement Value $197,600 Tax Amount $5,486.16 Change Rate +0.077391% Assessed CR Tax Rate +0.016426%
Year 2017 Assessed Value $273,500 Land Value $124,000 Improvement Value $149,500 Tax Amount $5,092.08 Change Rate +0.114851% Assessed CR Tax Rate +0.018618%
Year 2016 Assessed Value $238,000 Land Value $124,000 Improvement Value $114,000 Tax Amount $4,567.5 Change Rate +0.097508% Assessed CR Tax Rate +0.019191%
Year 2015 Assessed Value $207,000 Land Value $124,000 Improvement Value $83,000 Tax Amount $4,161.7 Change Rate Assessed CR Tax Rate +0.020105%
Year 2014 Assessed Value $180,000 Land Value $107,400 Improvement Value $72,600 Tax Amount Change Rate Assessed CR Tax Rate