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2809 Garfield Avenue, 
Minneapolis, MN 55408

$549,000


Bed


Bath


2,863

Sq Ft


Multi-Family

Active

Listed by

Shane Spencer

Todd Nelson

612-920-5605

Last updated:

October 11, 2025, 02:57 AM

MLS#

6800669

Source:

NSMLS

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About This Home

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.

Home Facts

Multi-Family

Built in 1900

Price Summary

549,000

$191 per Sq. Ft.

MLS #:

6800669

Last Updated:

October 11, 2025, 02:57 AM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

2,863 Sq. Ft.


Structure

Structure

Building Area:

2,863 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$549,000

Price per Sq. Ft:

$191 per Sq. Ft.

2809 Garfield Avenue
Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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