2809 Garfield Avenue, Minneapolis, MN 55408

Minneapolis
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
2809 Garfield Avenue,Minneapolis, MN 55408
$450,000
  • 5 Beds
  • 2 Baths
  • 2,863 sq. ft.
  • Multi-family
  • Active
Listed by: shane spencer, todd nelson
Office: coldwell banker realty - lakes
MLS#:7069096
Source:NSMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$157.18

About this home

Prime Lyn-Lake Investment Opportunity An exceptional chance to acquire a well-maintained duplex in one of Minneapolis’ most vibrant neighborhoods. Steps to the Greenway Bike Trail, Soo Line, top restaurants, and retail, this property offers both immediate cash flow and long-term appreciation potential. Recent capital improvements include: new roof, siding, Rusco windows, and refinished hardwood floors (all 2019), plus updated kitchens, baths, light fixtures, and stainless appliances. A 4-car parking area adds rare convenience. Utilities are separately metered for gas and electric, reducing owner overhead. Current income streams: Upper Unit – Market-rate tenant paying $1,775/month through June 2026. Main Floor Unit - Market-rate tenant paying $1,600/month with 12-month lease beginning March 2026. This unit has previously been a proven Airbnb performer, averaging an estimated $3,500/month. Flexible for investors or owner-occupants: live in one unit and generate income from the...

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Home facts

  • Year built:1900
  • Listing ID #:7069096
  • Added:52 day(s) ago
  • Updated:June 27, 2026 at 04:43 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Single Tenant Access, Unfinished
  • Living area:2,863 sq. ft.

Heating and cooling

  • Heating:Forced Air, Radiant, Space Heater

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1900
  • Building area:2,863 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Irregular Lot
  • Exterior Features:Common Garden
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$157.18
  • Tax amount:$7,489 (2025)

Parking

  • Parking description:Open, Parking Lot
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