Home for Sale in Minneapolis
2809 Garfield Avenue
Minneapolis, MN 55408

Price
$499,000

MLS #
6800669

Status
Active


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Property Details

No. of Units
2

Year Built
1900

Square Feet
2,863

Acres
0.12

2025 Property Taxes
$7,489

School District
Minneapolis

County
Hennepin


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.


Lyndale Ave to 28th. Right to Garfield Ave. Right to 2809 Garfield Ave.


Lyndale Ave to 28th. Right to Garfield Ave. Right to 2809 Garfield Ave.

Unit Information


Unit 1

Unit 2

Features


Heating
Forced Air,Radiant,Space Heater

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Shane Spencer of Coldwell Banker Realty

Listed
10/07/25 and last updated 11/29/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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