5049 Penn Avenue S, Minneapolis, MN 55419 - Photo 1

1/1

$503,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1,703 Sq. Ft.
2 Car Garage
Updated 7 days ago

1/1

Property Description

Welcome to 5049 Penn Avenue South, a charming home located in the Lynnhurst neighborhood. From the moment you arrive, the inviting front porch with its classic bench swing offers a welcoming and relaxed tone. Step inside to find lovely hardwood floors, warm wood trim and a bright main floor living room. The adjacent formal dining room features elegant built-in corner cabinets that flow naturally into an updated kitchen equipped with rich cabinetry and stainless steel appliances. Upstairs, you will find 3 bedrooms accompanied by a full bath. The fully finished lower level expands your living space with a spacious family room featuring a gas fireplace and a full bathroom complete with an arched tub alcove. Outside, enjoy a private, fully fenced backyard anchored by a paver patio that is perfect for outdoor dining or evening relaxation, as well as an oversized 2-car garage with an adjacent outdoor parking spot. Beautifully combining timeless character with comfortable modern living, this move-in-ready home is ready to welcome its next owner. Just blocks to Lake Harriet and a short walk to restaurants and shops. Don't miss this one!

Full Property Details

Full Property Details for 5049 Penn Ave S

General

Sold For: $503,000
Taxes: $7,234 (2026)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 7122071
Added to Site: 48 day(s) ago

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Detached Garage, Guest Parking

School Information

School District: 1 - Minneapolis
High School District: Minneapolis

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Hot Water
Heating Fuel: Natural Gas

Utilities

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

Financial Considerations

Tax Amount: $7,234
Tax Year: 2026
Terms: Conventional, Cash

Disclosures and Reports

Legal Description: LOT 018 BLOCK 001 THORNTON PARK 2ND DIV
Property ID: 1602824320018

Listed by Compass
Sold by Redfin Corporation

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Schools

Schools serving 5049 Penn Ave S

School District:Minneapolis Public School District

Name	Grades	Distance
Burroughs Elementary School 1601 West 50th Street, Minneapolis, MN 55419	K-5	0.4 mi
Justice Page Middle School 1 West 49th Street, Minneapolis, MN 55419	6-8	1.5 mi
Washburn Senior High School 201 West 49th Street, Minneapolis, MN 55419	9-12	1.3 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 5049 Penn Ave S

Date

Details

Price

Change

Source

9/29/2026

Sold

$503,000

0.62%

MLS

8/20/2026

Listed

$499,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Bed
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Total Bath
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Total Baths
1,500
Sq. Ft.

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Sold

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Single Family
Closed

3
Beds
2
Total Baths
2,397
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Listed by Keller Williams Realty Integrity Lakes
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4
Beds
2
Total Baths
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Sq. Ft.

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5311 Penn Ave S, Minneapolis, MN 55419 - Photo 1

Sold

$457,000

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Single Family
Closed

2
Beds
1
Total Bath
1,224
Sq. Ft.

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Sold by Rize Realty

5049 Penn Avenue S, Minneapolis, MN 55419 (MLS# 7122071) is a Single Family property that was sold at $503,000 on September 29, 2026. Want to learn more about 5049 Penn Avenue S? 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.

5049 Penn Ave S Minneapolis, MN 55419