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Active
    • Price cut: $10K (6/29)
    $440,000

    2809 Garfield Ave, Minneapolis, MN 55408

    5beds
    2baths
    2,863sqft
    : 
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    Duplex Up and Down
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $154/sqft
    $-- HOA

    What's special

    Refinished hardwood floorsRusco windowsStainless appliancesNew roofUpdated kitchens
    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 $1,900/month through July 2027. Main Floor Unit - Market-rate tenant paying $1,600/month through February 2027. This unit has previously been a proven and profitable Airbnb performer. 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.
    69 days
    |
    380
    |
    49
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Spencer 614-256-8500,

    Coldwell Banker Realty - Lakes,

    Todd Nelson 612-875-0200

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7069096MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Forced Air, Radiant, Space Heater
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Single Tenant Access,Unfinished
      Interior area
      • Total structure area: 2,863
      • Total interior livable area: 2,863 sqft
      • Finished area above ground: 2,863
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Parking Lot, Open
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Covered, Front Porch
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 40 x 129
      • Features: Irregular Lot
      Details
      • Foundation area: 1560
      • Parcel number: 3402924330161
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Up and Down
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Haywoods Add
      HOA
      • Amenities included: Common Garden
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $154/sqft
      • Tax assessed value: $394,100
      • Annual tax amount: $7,489
      • Date on market: 5/6/2026
      • Cumulative days on market: 138 days
      • Tenant pays: Cable TV, Electricity, Gas, Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$440,000-2.2%$154/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7069096 Report a problem
        6/5/2026Price change$450,000-6.1%$157/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7069096 Report a problem
        5/12/2026Listed for sale$479,000+6.4%$167/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7069096 Report a problem
        2/17/2026Listing removed$450,000$157/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7011200 Report a problem
        1/22/2026Listed for sale$450,000-9.8%$157/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7011200 Report a problem
        1/21/2026Listing removed$499,000$174/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6800669 Report a problem
        11/22/2025Price change$499,000-5.7%$174/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6800669 Report a problem
        11/3/2025Price change$529,000-3.6%$185/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6800669 Report a problem
        10/10/2025Listed for sale$549,000+22%$192/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6800669 Report a problem
        9/16/2019Sold$450,000+2.5%$157/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5213023 Report a problem
        8/20/2019Pending sale$439,000$153/sqft
        Source: Kris Lindahl Real Estate #5213023 Report a problem
        8/8/2019Listed for sale$439,000+42.6%$153/sqft
        Source: Kris Lindahl Real Estate #5213023 Report a problem
        1/27/2017Sold$307,900+2.7%$108/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4781452 Report a problem
        12/8/2016Listed for sale$299,900+417.1%$105/sqft
        Source: Fulton Realty #4781452 Report a problem
        10/16/2003Sold$58,000$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,489 +3.3%$394,100 -4.3%
        2024$7,247 +3.9%$412,000 -9.3%
        2023$6,978 -2.4%$454,000 +4.6%
        2022$7,151 +2.9%$434,000 +3.1%
        2021$6,952 +36.2%$421,000 -0.9%
        2020$5,104 -26.6%$425,000 +19.2%
        2019$6,952 +36.2%$356,500 +5%
        2018$5,104 +18.9%$339,500 +32.4%
        2017$4,291 -11.4%$256,500 +15%
        2016$4,842 +11.5%$223,000 +6.4%
        2015$4,343 +1.5%$209,500 +11.7%
        2014$4,278 +3.3%$187,500
        2013$4,143 -0.5%$187,500 -4.1%
        2012$4,162 -7.5%$195,500 -11.7%
        2011$4,498 +14.4%$221,500
        2010$3,931 -15.8%$221,500 -15%
        2009$4,668 +55.1%$260,500 +49.6%
        2006$3,010 +17.5%$174,100 +23.9%
        2005$2,561 +15%$140,500 +23.2%
        2004$2,227 +13.3%$114,000 +17.9%
        2002$1,966 -50.1%$96,700
        2001$3,939 --
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Whittier

        Getting around

        92 / 100
        Walker's Paradise
        65 / 100
        Good Transit
        96 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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