2317 Garfield Avenue, Minneapolis, MN 55405

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
2317 Garfield Avenue,Minneapolis, MN 55405
$396,000
  • 5 Beds
  • 3 Baths
  • 2,598 sq. ft.
  • Multi-family
  • Active
Listed by: martin turner
Office: exp realty
MLS#:7136071
Source:NSMLS

Price summary

  • Price:$396,000
  • Price per sq. ft.:$109.82

About this home

UPTOWN TRIPLEX, Seller Financing with 10% Down @ only 5.9% on a CONTRACT for DEED - Looking for an investment property where the financing terms may be just as interesting as the property itself? 8.7% Cap & 19.3% CoC - 5+ Bedrooms, 3 Bathrooms, 3,056 SF - Available on a Contract for Deed at 5.9% with 10% Down, 7-Year Term with Option to Extend, $2,000 Monthly Payment (P&I) - Recent improvements: 2022 - Updated Kitchens, Bathrooms, Painting & Floors refinished , 2022 -Updated Electrical inside at installed 3 separate meters, 2022 - Updated Plumbing to Kitchens & Bathrooms, 2021 - Installed new Roof & Gutters, 2015 - Updated Hot Water Heater, 2006 - Modern Boiler that has been serviced regularly - Outside, there is a private fully fenced backyard, raised garden beds, fire pit, and 4 off-street parking spots - ARV = $525K to $575K+ Rent Potential: 1st Level = 2 Bed & 1 Bath - $1,650+ / Month - (Need to Add Walls and a Door) - or - Invest More and it could be a 3 Bed with Office & 2 Bath...

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Home facts

  • Year built:1909
  • Subdivision & Development:Badger & Penneys 2nd Add
  • Listing ID #:7136071
  • Added:4 day(s) ago
  • Updated:October 07, 2026 at 12:20 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Full, Shared Access, Storage Space, Unfinished
  • Living area:2,598 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age 8 Years or Less, Asphalt, Pitched
  • Year built:1909
  • Building area:2,598 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level, Public Transit (w/in 6 blks), Tree Coverage - Light
  • Construction Materials:Block
  • Exterior Features:Common Garden
  • Levels:2+ Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$396,000
  • Price per sq. ft.:$109.82
  • Tax amount:$7,801 (2026)

Features and amenities

  • Amenities:Lobby Entrance

Parking

  • Parking description:Asphalt, Parking Lot
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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