3725 Penn Avenue North is a 2 story, brick and stucco four-plex built in 1927. It is located in the Folwell neighborhood of Minneapolis. All units have 2 bedrooms and are rented to families.
Funding requires that tenants must earn less than 50% of area median income ($52,450 for a family of 4) with a preference for families at 30% of area median income ($31,450 for family of 4) at move-in. The units rent for $775 per month.
Amenities include a coin-operated laundry and backyard patio. The property is designed for transit dependent tenants and is on a good bus route. There are 4-plus spaces for off-street parking.
To apply or check for vacancies, call 612-870-2267.