Lori Gustafson

4339 Penn Avenue N

Minneapolis, MN
$ 349,000 Beds 3 Baths 2 Sq 1,998 Virtual Tour
Monthly Estimate* How much can I afford?

This beautiful home offers distinctive mid-century character, flexible living space and thoughtful updates in the heart of Victory neighborhood. This well-maintained 3-bedroom, 2-bath home offers three bedrooms on one level, a 2-car garage, private fenced backyard and an inviting three-season porch. Inside, original details add warmth and personality, including cork flooring, built-in kitchen seating and two masonry wood-burning fireplaces. The finished lower level provides valuable additional living and recreation space with a custom built-in bar, second fireplace and generous storage. Recent improvements include a new furnace and water heater along with replacement windows—offering the character buyers love with important updates already completed. 4339 Penn offers tremendous space and value. Buyers looking for more home for their money should put this one on their list. First-time homebuyers take note: eligible buyers may have access to City of Minneapolis down-payment assistance of up to $20,000, as well as Minnesota Housing programs offering down-payment and closing-cost loan options up to $18,000. Ask your lender about available programs and qualification requirements. Located just two blocks from Victory Memorial Parkway with convenient access to the Grand Rounds Scenic Byway, Webber Park and Pool, transit, trails and neighborhood amenities. Victory is one of Minneapolis's oldest and most charming neighborhoods with much to offer. From it's beautiful parks, to local shops and dining options, this community is one of character, quality and exceptional value for home buyers. Come see for yourself why so many people love to call it home. Seller's are currently offer buyers up to 3% in closing costs with an offer closing before the leaves fall! Visit today- you'll be happy to did!

Single Family

  • Price
  • $ 349,000
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • I G Scott Add
  • Lot Size
  • 0.15 Acres
  • Zip
  • 55412
  • Sqr Footage
  • 1,998
  • Year Built
  • 1956
  • Taxes
  • $ 4777
  • Style
  • Single Family
  • MLS#
  • 7120319
Listed By: LPT Realty, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1998
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Gas Water Heater,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Construction Materials Brick,Concrete
Year Built 1956
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency Inspection
Subdivision Name I G Scott Add
Full Baths 1
Directions 44th Ave N to Penn Ave to home
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4777
Additional Parcels Y/N No
Virtual Tour https://agnt-media.aryeo.com/sites/rqljjmkw/unbranded
Standard Status Active
Lender Owned No
PostalCity Minneapolis

Interior Features

Basement Finished,Partially Finished,Storage Space,Tile Shower
Total Fireplaces 2
Fireplace Features Family Room,Full Masonry,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1349
3/4 Baths 1
Laundry Features In Basement,Lower Level,Sink
Total Bedrooms 3
Below Grade Finished Area 649
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Breakfast Area,Eat In Kitchen
Fuel Natural Gas
Garage Dimensions 20x19
Garage Square Feet 438

Exterior Features

Fencing Full,Privacy
Parking Features Detached Garage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.15
Building Area Total 2734
Lot Dimensions 127x51
Waterfront Y/N No
Foundation Area 1385
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/3/2026 Listed $385,000
8/12/2026 10% - $349,000

Property vs Zip Code Average in 55412

Price
AVG $240K
$350K
Taxes
AVG $2,879
$4,777
Year Built
AVG 1938
1956
Visits
AVG 110
68
Data Provided by Inside Real Estate®

Areas That We Cover

4339 Penn Avenue N Minneapolis, MN is a Single Family Home for sale at $349000 with 1998 sqft and a lot size of 0.15 Acres Acre(s). 4339 Penn Avenue N Minneapolis has 3 bedrooms, 2 baths and was built in 1956. The property's zip code is 55412 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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