JerryRitten
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Heating: Hot Water
Lot Size: 0.10 Acres
Roof Type: Asphalt
Taxes: $7,061
Year Built: 1918
Feature Descriptions
Days on Site: 6
Foundation Size: 908
Lot: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Dimensions: 40x118.6
Owners Expense: Insurance, Taxes, Trash Collection, Water
Parcel#: 3402924230056
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Electricity, Gas, Lawn Care, Snow Removal
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: DRG
Agency Phone: 612-777-8005
Shown By
Agent Name: Jerry Ritten
Agent Phone: (763) 557-6300
Agency Title: Counselor Realty
TOUR THIS HOME
Choose a date and time to see 2542 Garfield Avenue, Minneapolis, MN 55405.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 2,609.49 per month $1,916.07 Principal & Interest $588.42 Property Tax $105.00 Homeowner's InsuranceChange Payment Information
Near By
Print This Listingx
Select a format below, new window will open and will prompt you to print.
2542 Garfield Avenue | MLS# 7142239
This multi-family property located at 2542 Garfield Avenue, Minneapolis, MN 55405 is currently listed for sale with an asking price of $360,000. Garfield Avenue is located within the Minneapolis school district. Search Minneapolis real estate on jritten.counselorrealty.com today.