Location
Tour 5530 Penn Ave S #NA
Contact
Jack Gronseth
Nearby rentals
Property management
Jack Gronseth
Features
| Air Conditioning | Hardwood Floor |
Appliances
| In-Unit Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
12 Month Lease, $1,890 deposit, Available Now This newly remodeled, owner occupied, 2-bedroom, 1-bathroom duplex offers approximately 800 sq. ft. of comfortable living space in one of Minneapolis’ most desirable neighborhoods. Features include: * Newly remodeled throughout * Freshly refinished hardwood floors * Private unfinished basement with dedicated washer and dryer * A/C window unit that effectively cools the space * Optional garage parking available, plus street and off-street parking options * Fantastic location just a short walk to Lake Harriet, restaurants, coffee shops, and neighborhood amenities Exciting Updates! We’re committed to providing a comfortable, well-maintained home and will continue making improvements to the property. Coming Soon: * New high-efficiency furnace being installed this summer for more reliable, comfortable, and energy-efficient heating. * Front sidewalk replacement scheduled for later this summer, providing a safer and more attractive entrance to the property. Water, trash, and sewer included in rent cost. You would be cover for gas and electric. 1 month rent security deposit and application fee. Minimum credit score of 720 and gross monthly salary of 2.5x rent. Message for rental details, availability, and to schedule a showing.
How 5530 Penn Ave S #NA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Armatage |
|---|---|
| Zip code | 55419 |
| Type | House for rent |
2-bedroom apartments at 5530 Penn Ave S #NA cost about 8% more than the average rent price for 2-bedroom apartments in Minneapolis.
| Month | Median Rent |
|---|---|
| July 2024 | $1,860 |
| August 2024 | $1,924 |
| September 2024 | $1,885 |
| October 2024 | $1,826 |
| November 2024 | $1,780 |
| December 2024 | $1,800 |
| January 2025 | $1,784 |
| February 2025 | $1,759 |
| March 2025 | $1,726 |
| April 2025 | $1,694 |
| May 2025 | $1,690 |
| June 2025 | $1,678 |
| July 2025 | $1,676 |
| August 2025 | $1,722 |
| September 2025 | $1,719 |
| October 2025 | $1,733 |
| November 2025 | $1,729 |
| December 2025 | $1,693 |
| January 2026 | $1,723 |
| February 2026 | $1,757 |
| March 2026 | $1,751 |
| April 2026 | $1,781 |
| May 2026 | $1,748 |
| June 2026 | $1,750 |
| July 2026 | $1,749 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,695 |
| August 2024 | $1,715 |
| October 2024 | $1,800 |
| March 2025 | $1,772 |
| July 2025 | $1,730 |
Can I afford to live at 5530 Penn Ave S #NA?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$75,600/yr
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