Listed By
Agency Name: Coldwell Banker Realty - Lakes
Agency Phone: 612-920-5605
Shown By
Agent Name: Kris Telkamp
Agent Phone: (320) 808-0162
Agency Title: Counselor Realty
Property Description
Prime Lyn-Lake Investment OpportunityAn 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 through June 2026.Main Floor Unit - Market-rate tenant paying $1,600/month with 12-month lease beginning March 2026. This unit has previously been a proven Airbnb performer, averaging an estimated $3,500/month.Flexible for investors or owner-occupants: live in one unit and generate income from the other, or maximize both as cash-flowing rentals. Strong fundamentals today and positioned for future redevelopment or land value play in this high-demand corridor.Exceptional value. Strong income. Limited opportunity. Act now.
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2809 Garfield Avenue, Minneapolis, MN 55408
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$ 3,313.23 per month $2,549.44 Principal & Interest $624.08 Property Tax $139.71 Homeowner's InsuranceChange Payment Information
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2809 Garfield Avenue, Minneapolis, MN 55408
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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2809 Garfield Avenue | MLS# 7069096
This multi-family property located at 2809 Garfield Avenue, Minneapolis, MN 55408 is currently listed for sale with an asking price of $479,000. Garfield Avenue is located within the Minneapolis school district. Search Minneapolis real estate on ktelkamp.counselorrealty.com today.