2322 Garfield Avenue, Minneapolis, MN 55405

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
2322 Garfield Avenue,Minneapolis, MN 55405
$960,000
  • 8 Beds
  • 4 Baths
  • 4,973 sq. ft.
  • Multi-family
  • Active
Listed by: marcus j de los reyes
Office: coldwell banker realty - lakes
MLS#:7062574
Source:NSMLS

Price summary

  • Price:$960,000
  • Price per sq. ft.:$193.04

About this home

An exceptional investment opportunity awaits with this impeccable brick four-plex situated in a perfect high demand area, close to Uptown, Downtown, and the Chain of Lakes. Each of the four existing units feature, sun-drenched layout designed to attract and retain high-quality tenants, boasting modern updates, along with classic details. The spacious units also feature a large living room and dining room with built-ins, as well as two large bedrooms and window wrapped sunrooms. Ample dedicated off-street parking is available for tenants in your large dedicated parking lot. Many recent improvements including windows, mechanicals and much more. There is even potential for finishing unused lower-level space for a possible 5th or 6th unit.  A perfect balance of immediate cash flow with significant value-add potential. This building is walkable to many restaurants, shops and grocery stores as well as public transportation. Don’t miss out on this great opportunity!

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Home facts

  • Year built:1912
  • Listing ID #:7062574
  • Added:12 day(s) ago
  • Updated:May 14, 2026 at 12:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:4,973 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Flat, Rubber
  • Year built:1912
  • Building area:4,973 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Corner Lot
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$960,000
  • Price per sq. ft.:$193.04
  • Tax amount:$15,003 (2026)
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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