2809 GARFIELD AVENUE

2809 Garfield Avenue, Minneapolis, 55408, MN

DETAILS

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.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 2863 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 2863ft²

  • Basement Details: Single Tenant Access, Unfinished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 1560ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air
    • Radiant
    • Space Heater

LOT

  • Acres: N/A

  • Lot Size Dim.: 40x129

  • Longitude: 44.9515

  • Latitude: -93.2864

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $7,489

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADDITIONAL INFORMATION

  • MLS#: NST7812597

  • Listing Brokerage: Coldwell Banker Burnet Agency Icon

ID: 4200667
Published: October 10, 2025
Last Update: October 10, 2025
Views: 1