2322 Garfield AVE, Minneapolis, MN 55405
2322 Garfield AVE, Minneapolis, MN 55405
2322 Garfield AVE, Minneapolis, MN 55405
2322 Garfield AVE, Minneapolis, MN 55405
2322 Garfield AVE, Minneapolis, MN 55405
2322 Garfield AVE, Minneapolis, MN 55405
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Janae Ashton

Janae Ashton

+1(612) 366-3016
$ 960,000
Est. payment | /mo

8 Beds

4 Baths

4,973 SqFt

Save
$ 960,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,973 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,973 sqft

Price per Sqft $193

Subdivision Badger & Penneys 2Nd Add

MLS Listing ID 7062574

Bedrooms 8

Year Built 1912

Annual Tax Amount $15,002

Tax Year 2026

Contingent None

Lot Size 8,276 Sqft

Lot Dimensions 70.17 X 118.6

Property Sub-Type Fourplex

Property Description

An exceptional investment opportunity awaits with this impeccable brick four-plex situated in a perfect high demand area, close to Uptown, Downtown, and the Chain of Lakes. Each of the four existing units feature, sun-drenched layout designed to attract and retain high-quality tenants, boasting modern updates, along with classic details. The spacious units also feature a large living room and dining room with built-ins, as well as two large bedrooms and window wrapped sunrooms. Ample dedicated off-street parking is available for tenants in your large dedicated parking lot. Many recent improvements including windows, mechanicals and much more. There is even potential for finishing unused lower-level space for a possible 5th or 6th unit.  A perfect balance of immediate cash flow with significant value-add potential. This building is walkable to many restaurants, shops and grocery stores as well as public transportation. Don't miss out on this great opportunity!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features Paved Lot

Fence None

Roof Type Flat,Rubber

Building

Lot Description Corner Lot

Story Two

Foundation 4973

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Listed by Marcus DeLosReyes • Coldwell Banker Realty - Lakes

Schools and Properties Nearby

Learn More About LPT Realty

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Janae Ashton, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

2322 Garfield AVE