2542 Garfield AVE Minneapolis, MN 55405
3 Beds
2 Baths
2,211 SqFt
Open House
Sat Sep 19, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,211 sqft
Price per Sqft $162
Subdivision Lot 012 Block 001 Garfield Ave
MLS Listing ID 7142239
Bedrooms 3
Year Built 1918
Annual Tax Amount $7,061
Tax Year 2026
Contingent None
Lot Size 4,356 Sqft
Lot Dimensions 40x118.6
Property Sub-Type Duplex Up and Down
Property Description
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Hot Water
Fireplace No
Laundry Common Area, Lower Level
Exterior
Pool None
Roof Type Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Medium
Story Two
Foundation 908
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Others
Virtual Tour https://tours.spacecrafting.com/n-cc6c7k