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 |
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Price | $549,000 |
Bathrooms | 0.00 |
Square Footage | 2,863 |
Acres | 0.12 |
Year Built | 1900 |
Type | Residential Income |
Sub-Type | Duplex Up and Down |
Style | Duplex Up and Down |
Status | Active |
Community Information
Address | 2809 Garfield Avenue |
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Area | Whittier |
Subdivision | Haywoods Add |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55408 |
Amenities
Amenities | Common Garden |
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Garages | Parking Lot, Open |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air, Radiant, Space Heater |
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Fireplace | No |
Exterior
Lot Description | Irregular Lot |
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Roof | Age 8 Years or Less |
Construction | Vinyl Siding, Wood Siding |
School Information
District | Minneapolis |
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Additional Information
Days on Market | 1 |
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Zoning | Residential-Multi-Family |
Foreclosure | No |
Short Sale | No |
Taxes | $7,489 |
Tax Year | 2025 |
Listing Details
Office | Coldwell Banker Realty |
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Listing Map
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