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Active
  • $360,000

    2542 Garfield Ave, Minneapolis, MN 55405

    3beds
    2baths
    2,211sqft
    : 
    $2,410/mo
    Get pre-qualified
    Duplex Up and Down
    Built in 1918
    -- sqft lot
    $357,800 Zestimate®
    $163/sqft
    $-- HOA

    What's special

    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.
    12 days
    393
    40

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard E Newman 612-749-6503,

    DRG,

    Michael Conan Dilks 262-215-9932

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7142239MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Hot Water
      Appliances
      • Laundry: Common Area, Lower Level
      Features
      • Basement: Full
      Interior area
      • Total structure area: 2,911
      • Total interior livable area: 2,211 sqft
      • Finished area above ground: 2,211
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Enclosed, Front Porch
      • Pool features: None
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 40 x 118.6
      • Features: Near Public Transit, Tree Coverage - Medium
      Details
      • Foundation area: 908
      • Parcel number: 3402924230056
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Up and Down
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1918

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Lot 012 Block 001 Garfield Ave
      HOA
      • Amenities included: Porch
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $346,300
      • Annual tax amount: $7,061
      • Date on market: 9/16/2026
      • Tenant pays: Broadband, Electricity, Gas, Grounds Care, Snow Removal
      • Road surface type: Paved

        Estimated market value

        $357,800

        $340,000 - $376,000

        $1,802/mo

        Price history

        DateEventPrice
        9/18/2026Listed for sale$360,000+84.6%$163/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7142239 Report a problem
        4/28/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/17/2024Listed for rent$1,450+7.4%$1/sqft
        Source: Zillow Rentals Report a problem
        11/9/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/24/2022Price change$1,350-6.9%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/25/2022Price change$1,450-3.3%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/8/2022Listed for rent$1,500+15.4%$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/20/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/6/2022Listed for rent$1,300+6.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        11/17/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/18/2021Listed for rent$1,225-14%$1/sqft
        Source: Zillow Rental Manager Report a problem
        10/5/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/4/2021Listed for rent$1,425$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/28/2013Sold$195,000-11.3%$88/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4332581 Report a problem
        7/2/2013Listed for sale$219,900$99/sqft
        Source: Coldwell Banker Burnet #4332581 Report a problem
        5/14/2013Listing removed$219,900$99/sqft
        Source: Coldwell Banker Burnet - Minneapolis Lakes #4332581 Report a problem
        5/4/2013Price change$219,900-2.2%$99/sqft
        Source: Coldwell Banker Burnet - Minneapolis Lakes #4332581 Report a problem
        4/24/2013Price change$224,900-2.2%$102/sqft
        Source: Coldwell Banker Burnet - Minneapolis Lakes #4332581 Report a problem
        3/12/2013Price change$229,900-15.5%$104/sqft
        Source: Coldwell Banker Burnet - Minneapolis Lakes #4332581 Report a problem
        2/7/2013Price change$272,000-5.2%$123/sqft
        Source: Coldwell Banker Burnet - Minneapolis Lakes #4332581 Report a problem
        1/31/2013Listed for sale$287,000$130/sqft
        Source: Coldwell Banker Burnet #4332581 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$7,061 +10%$346,300 +0.4%
        2025$6,421 +5.5%$344,800 +6.7%
        2024$6,084 -2.3%$323,000 -11.3%
        2023$6,226 +5.8%$364,000 -1.6%
        2022$5,885 +14.6%$370,000 +12.1%
        2021$5,137 +22%$330,000 +4.9%
        2020$4,210 -18.1%$314,500 +5%
        2019$5,137 +22%$299,500 +5.1%
        2018$4,210 +19.3%$285,000 +24.7%
        2017$3,528 +7.1%$228,500 +15.1%
        2016$3,295 +14%$198,500 +2.8%
        2015$2,891 -1.6%$193,000
        2014$2,937 -29.7%$193,000 +2.7%
        2013$4,176 -5.5%$188,000 -8.1%
        2012$4,419 -4.5%$204,500 -8.9%
        2011$4,627 +11.4%$224,500 -2.6%
        2010$4,153 -14.8%$230,500 -14.9%
        2009$4,877 +41.8%$271,000 +37.5%
        2006$3,439 +9%$197,100 +20.8%
        2005$3,155 +15.8%$163,200 +20.4%
        2004$2,725 +12.6%$135,500 +14.9%
        2002$2,420 -51%$117,900
        2001$4,939 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Whittier

        Getting around

        91 / 100
        Walker's Paradise
        64 / 100
        Good Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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