2542 Garfield Avenue, Minneapolis, MN 55405
Local realty services provided by:ERA Gillespie Real Estate
2542 Garfield Avenue,Minneapolis, MN 55405
$339,000
- 3 Beds
- 2 Baths
- 2,211 sq. ft.
- Multi-family
- Active
Listed by: richard e newman, michael dilks
Office: drg
MLS#:7142239
Source:NSMLS
Price summary
- Price:$339,000
- Price per sq. ft.:$116.45
About this home
Prime Uptown/Whittier duplex offering an ideal combination of location, character and income potential. Situated in one of Minneapolis’ most walkable neighborhoods, just steps from Lyndale Avenue restaurants, coffee shops, shopping and nightlife, with convenient access to downtown, Lake of the Isles, Bde Maka Ska and public transit.
This classic 1918 duplex offers approximately 2,211 square feet, hardwood floors and the charm of original Minneapolis architecture. An excellent opportunity for investors or owner occupants. Live in one unit and rent the other to help offset monthly housing costs. The property has a long history as a rental and is well positioned in a high demand rental area near downtown employers, hospitals, universities and entertainment.
Four off-street parking spaces add significant convenience and value for both residents and tenants. Major exterior improvements include a new roof and new siding in 2024. The manageable building and lot size make this an appealing alternative to larger multifamily properties. Upper unit is currently leased through May 31, 2027. A great opportunity to own a character filled duplex in the heart of Uptown/Whittier with both lifestyle and income potential. Note there is a $5,000 seller contribution available for buyer's closing costs or interest rate buydown - helping lower cash to close or monthly payment....
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Home facts
- Year built:1918
- Subdivision & Development:Lot 012 Block 001 Garfield Ave
- Listing ID #:7142239
- Added:46 day(s) ago
- Updated:November 02, 2026 at 02:43 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Basement:Yes
- Basement Description:Full
- Living area:2,211 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Asphalt
- Year built:1918
- Building area:2,211 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Public Transit (w/in 6 blks), Tree Coverage - Medium
- Exterior Features:Porch
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$339,000
- Price per sq. ft.:$116.45
- Tax amount:$7,061 (2026)
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