2322 Garfield Avenue Minneapolis, MN
$ 1,150,000
Property Attributes
  • ID#6136355
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaBadger & Penneys 2nd Add
  • NeighborhoodBadger & Penneys 2nd Add
  • Zip55405
  • StyleQuadruplex
  • Year Built1912
  • Taxes$ 12652
  • Price$ 1,150,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage4973
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
eXp Realty
Data Source:
Northstar MLS (NSTAR)
Property Description

This is a portfolio builder with all 4 UNITS being completely renovated from top to bottom. Units are 2 bed, 1 bath and a den that is used a non conforming bedroom. Each unit is approximately 1,100 square footage. The units consists of updated kitchens with new cabinets and countertops, subway tile backsplash and stainless steel appliances. There is still a ton of opportunity to build equity because the property is zoned R6 and was originally designed to be a 6 unit apartment. Two additional 2 bedroom units are ready to be added to the basement. Plus the ability to add a coin op laundry for additional income!!!

Price History
12/20/2021 Listed $1,150,000

General Features

Accessibility None
Additional Parcels Y/N No
Basement Unfinished
City Minneapolis
Construction Materials Brick/Stone
Contingency None
County Hennepin
Directions Lyndale Ave to 24th St to Garfield Ave
Electric Circuit Breakers
Grossincome 79800
Heating Hot Water
High School District Minneapolis
Lender Owned No
Levels Two
New Construction No
Ownerpays Trash Collection, Water, Insurance, Taxes, Repairs, Snow Removal, Grounds Care
Property SubType Quadruplex
Property Type Residential Income
Roof Flat, Rubber
Sewer City Sewer/Connected
Standard Status Active
Street Name Garfield
Subdivision Name Badger & Penneys 2nd Add
Tax Annual Amount 12652
Tax Year 2021
Tenant Pays Electricity, Fuel, Trash Collection, Cable TV
Total Units 4
Year Built 1912
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 4973
Fireplace Y/N No
Fuel Natural Gas
Living Area 4973
SQFT Above Ground Total 4973.00
SQFT Below Ground Total 0.00
SQFT Main Total 4973.00
SQFT Total 4973.00
Street Suffix Avenue
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Fencing None
Foundationarea 4973
Lot Dimensions 70.17 X 118.6
Lot Features Corner Lot
Lot Size Area 0.19
Lot Size Units Acres
Parking Features Paved
Road Frontage Type City Street
Road Responsibility Public Maintained Road
Water Source City Water/Connected
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55405

AVG $800K
AVG $9,816
AVG 55
Year Built
AVG 1907
AVG 92
Data Provided by Walkscore ® not using MLS data

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