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$374,900

4 Beds 2 Baths 1,585 SQFT 0.12 Acres
Type: Multi-Family

2305 Garfield Avenue
Minneapolis, MN 55405

MLS#: 7082009
The Real Estate Advantage
Office: 952.224.8800
Presented by: Keller Williams Realty Integrity Lakes

Property Description

 

Nestled on a mature tree-lined street in Whittier, this 1905 up/down duplex sits moments from Lake of the Isles, the Walker Art Center, The Wedge Co-op, Spyhouse Coffee, and The Leaning Tower of Pizza. The kind of charm you can't fake, and a location with perks. This is the perfect opportunity for an owner-occupant just getting in the game, someone wanting to offset their mortgage, or an investor ready to add a turnkey duplex to their portfolio. Here's what makes it easy: separate boilers, separate electric, separate hot water heaters. Tenants pay their own gas and electric. You handle water, sewer, and trash. Sewer line recently cleaned and in good condition. Off-street parking, fenced yard, shared laundry in the basement. Live in one, rent the other. Rent both and let it pay for itself. House hack your way into something you actually own. However you use it, the math works and the options are real.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1,585 sqft
BasementDaylight/Lookout Windows, Full
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Foundation Dimensions24 x 28 20 x 5
FuelNatural Gas
Garage Square Feet0
Laundry FeaturesIn Basement, Common Area

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry, Patio, Porch
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsLyndale Ave to 22nd St East to Garfield Ave South to property.
Electric100 Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income30800
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense3234
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area1,585 sqft
Lot Size UnitsAcres
MaintenanceExpense1000
Net Operating Income24422.76
New ConstructionNo
Number Of Units Total2
Operating Expense6377
OwnerPaysGrounds Care, Sewer, Snow Removal, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameBadger & Penneys 2nd Add
Tax Annual Amount$7,345
Tax Year2026
Tenant PaysBroadband, Electricity, Fuel, Gas, Insurance
TopographyLevel
Trash Expense0
Virtual TourClick here
Water Sewer Expense1643.24
Year Built1905
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,487 sqft
FencingFull, Wood
Foundation Area772 sqft
Lot Dimensions128 x 40
Lot FeaturesTree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesGravel
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$374,900

4 Beds 2 Baths 1,585 SQFT 0.12 Acres
Type: Multi-Family

2305 Garfield Avenue
Minneapolis, MN 55405

MLS#: 7082009
The Real Estate Advantage
Office: 952.224.8800