2809 Garfield Avenue, Minneapolis, MN
$529,000
2,863
Square feet
0.12
Acres
About 2809 Garfield Avenue
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. Lower 3BR Unit – Proven Airbnb performer, averaging an estimated $3,500/month. Flexible for investors or owner-occupants: live in one unit and generate income from the other, or maximize both as cash-flowing rentals. Strong fundamentals today and positioned for future redevelopment or land value play in this high-demand corridor. Exceptional value. Strong income. Limited opportunity. Act now.
Features of 2809 Garfield Avenue
| MLS® # | 6800669 |
|---|---|
| Price | $529,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,863 |
| Acres | 0.12 |
| Year Built | 1900 |
| Type | Single Family |
| Sub-Type | Duplex |
| Style | Duplex Up and Down |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 2809 Garfield Avenue |
|---|---|
| Area | Whittier |
| Subdivision | Haywoods Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55408 |
Amenities
| Amenities | Common Garden |
|---|---|
| Garages | Parking Lot, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Radiant, Space Heater |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Single Tenant Access, Unfinished |
Exterior
| Lot Description | Irregular Lot |
|---|---|
| Roof | Age 8 Years or Less |
| Construction | Vinyl Siding, Wood Siding |
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $7,489 |
| Tax Year | 2025 |
| Office | Coldwell Banker Realty |
Listing Details
| Office | Coldwell Banker Realty |
|---|