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$225,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1,312 Sq. Ft.
  • 2 Car Garage
  • Updated 10 hours ago
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Welcome home to this beautifully updated 4-bedroom gem in Minneapolis' desirable Harrison neighborhood, just north of Bryn Mawr! Whether you're a first-time buyer, growing household, or investor, this home offers the perfect blend of comfort, convenience, and value. Inside, you'll find a completely updated bathroom, and the kitchen has new lower cabinets, countertops, hardware, and flooring. The hardwood floors on the main level were refinished in 2024, and the lower-level flooring was replaced in May 2026. This bright, functional layout is designed for everyday living. Major updates provide peace of mind, including a full exterior repaint completed in 2024 and a brand-new roof scheduled for completion on June 2, 2026. The spacious 2-car garage adds extra storage and convenience year-round. Enjoy an unbeatable location close to parks, schools, public transit, and downtown amenities. Commuting is easy with nearby Target Field Station and Olson & Penn Station, while Bryn Mawr Meadows Park offers green space just minutes away. Affordable and packed with potential-this is an opportunity you won't want to miss!

Full Property Details for 242 Penn Ave N

General

  • Price: $225,000
  • Taxes: $3,854 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7075078
  • Updated: Today (5/29/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: In Basement, In Basement

Exterior

  • Porch/Patio/Deck: Front Porch, Rear Porch

Parking

  • Garage: Yes
  • Garage Description: 20 x 20
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: F W Malmstens Add
  • Neighborhood: 30
  • Driving Directions: From I94, Exit at Hwy 55. Go West on 55 to Penn Ave. Go South on Penn. Property is located on the East side of Penn.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Egress Window(s), Finished, Full
  • Foundation Size: 876
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,312
  • Above Ground: 1,126 Sq. Ft.
  • Below Ground: 876 Sq. Ft.
  • Finished Down/Base.: 2,002 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 126 x 40 x 126 x 40
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage
  • Fencing (Description): Chain Link, Partial, Wood

Financial Considerations

  • Tax Amount: $3,854
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 015 F W MALMSTENS ADDN TO MPLS
  • Property ID: 2102924330121

Listed by BRIX Real Estate

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— 242 Penn Ave N —

  • BRIX Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 242 Penn Ave N

School District:Minneapolis Public School District
NameGradesDistance
Bryn Mawr Elementary School
252 Upton Avenue South, Minneapolis, MN 55405
PK-50.6 mi
Anwatin Middle Com & Spanish D I
256 Upton Avenue South, Minneapolis, MN 55405
6-80.5 mi
North Academy Senior High
1500 James Avenue North, Minneapolis, MN 55411
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 Penn Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$225,000
48.51%
MLS
10/15/2013
Sold
$151,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 242 Penn Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,817
28%
$247,000
-4%
2023
$4,555
38%
$256,000
2%
2023
$3,291
—
$251,000
8%
2023
$3,291
17%
$232,000
19%
2020
$2,814
21%
$195,000
25%
2019
$2,317
3%
$156,000
4%
2018
$2,240
-9%
$150,000
5%
2017
$2,464
26%
$142,500
15%
2016
$1,958
24%
$124,000
30%
2015
$1,580
56%
$95,500
79%
2014
$1,011
8%
$53,230
9%
2013
$938
—
$48,870
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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242 Penn Avenue N, Minneapolis, MN 55405 (MLS# 7075078) is a Single Family property with 4 bedrooms and 1 full bathroom. 242 Penn Avenue N is currently listed for $225,000 and was received on May 29, 2026. Want to learn more about 242 Penn Avenue N? Do you have questions about finding other Single Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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