2809 Garfield Avenue, Minneapolis, MN 55408

• 5 beds |
• 2 baths |
• 2,863 sqft

Property Description

Prime Lyn-Lake Investment Opportunity An 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.

Listing Status:

Active

Data Last Updated:

June 4, 2026 at 12:19AM

Listing Office:

Coldwell Banker Realty - Lakes : 612-920-5605

MLS ID:

7069096

Interior

• Laundry: In Unit
• Basement: Single Tenant AccessUnfinished
• Heating: Forced AirRadiantSpace Heater

Exterior

• General: VinylWood
• Parking: Parking LotOpen

Construction

• Roofing: Age 8 Years or Less
• General: TwoOther

Location

• HOA Amenities: Common Garden
• Originating MLS: northstar
• School District: Minneapolis
• County: Hennepin

Lot

• Zoning: 3402924330161

Utilities

• Water: City Water/Connected
• Sewer: City Sewer/Connected

Financial

• Source: northstar