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For Sale

2809 Garfield Avenue

2809 Garfield Avenue, Minneapolis, MN 55408
$549,000

Property Summary

  • 2,863 Sq.Ft. Living area
  • 5,227.2 Sq.Ft. Lot

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.

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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 2809 Garfield Avenue, Minneapolis, MN 55408. We are reviewing your request and will be in touch shortly!

Listing Contact

Features & Amenities

Area & Lot

Status For Sale
Living area 2,863 Sq.Ft.
Total area 2,863 Sq.Ft.
Lot Size 5,227.2 Sq.Ft.
MLS® ID 6800669
Type: Multi-Family
Year Built 1900
Neighborhood Lake Bde Maka Ska
School District Minneapolis

Exterior

Stories 2
Water Source City Water/Connected
Roof Age 8 Years or Less
Lot Features Irregular Lot
Parking Parking Lot, Open
Heat type Forced Air, Radiant, Space Heater
Sewer City Sewer/Connected
Disability Features None
HOA Amenities Common Garden

Finance

SALES PRICE $549,000
REAL ESTATE TAXES $7,489/yr
Maintenance Fee $2,750/mo

Area & Lot

Status For Sale
Living area 2,863 Sq.Ft.
Total area 2,863 Sq.Ft.
Lot Size 5,227.2 Sq.Ft.
MLS® ID 6800669
Type: Multi-Family
Year Built 1900
Neighborhood Lake Bde Maka Ska
School District Minneapolis

Exterior

Stories 2
Water Source City Water/Connected
Roof Age 8 Years or Less
Lot Features Irregular Lot
Parking Parking Lot, Open
Heat type Forced Air, Radiant, Space Heater
Sewer City Sewer/Connected
Disability Features None
HOA Amenities Common Garden

Finance

SALES PRICE $549,000
REAL ESTATE TAXES $7,489/yr
Maintenance Fee $2,750/mo

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Lake Bde Maka Ska

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Work With Shane

Shane Spencer is a leading real estate agent in Minnesota and has helped a diverse group of buyers find their dream home in the greater Minneapolis-St. Paul metropolitan area and source exceptional lakefront homes in many locations within the state. His savvy marketing expertise, constant pulse on the current market, and professional network has helped numerous clients sell their properties successfully and for record prices. Shane and his team offer the highest level of expertise and service with integrity. Shane is approachable, has creative solutions to all problems, and is extremely hard working. It is Shane's reputation, knowledge, and experience that has set him apart from his competition.

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