2809 Garfield Avenue Minneapolis, MN 55408
Listing Courtesy of: MLS LogoNORTHSTAR MLS / Coldwell Banker Realty / Shane Spencer - Contact:  614-256-8500

  2809 Garfield Avenue Minneapolis, MN 55408

Active (24 Days)
$529,000 (USD)
2,863
SQFT
See Similar Listings

Description

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.

MLS #:
6800669
Taxes
$7,489(2025)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1900
Style
Two
School District
Minneapolis
County
Hennepin County

Listed By

Shane Spencer, Coldwell Banker Realty, Contact: 614-256-8500
Source
NORTHSTAR MLS
Last checked Nov 4 2025 at 6:42 AM GMT+0000
Bathroom Details
Subdivision
  • Haywoods Add
Lot Information
  • Irregular Lot
Heating and Cooling
  • Forced Air
  • Radiant
  • Space Heater
Basement Information
  • Unfinished
  • Single Tenant Access
Exterior Features
  • Roof: Age 8 Years or Less
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Other
Parking
  • Open
  • Parking Lot
Stories
  • 2
Living Area
  • 2,863 sqft
Additional Information: Minneapolis Lakes | 614-256-8500
Location
Map View | Street View
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time
Powered by Walk Score®
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Minnesota Metro are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.