2542 Garfield Avenue Minneapolis, MN 55405

$339,000
Active
estimated monthly payment
3 Beds  |  2 Baths  |  2,211 Sq Ft  |  Duplex Up and Down  |  MLS # 7142239
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About The Listing

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. Note there is a $5,000 seller contribution available for buyer's closing costs or interest rate buydown - helping lower cash to close or monthly payment.


Listing courtesy of Richard E Newman, DRG
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1918
MLS #: 7142239
Bedrooms: 3
Square Feet: 2,211
Price Per Square Foot: $153
Garage Spaces: 0
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Hot Water
Basement: Full
Foundation Type: Combination
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 10/15/2026
List Date: 09/17/2026
Listing Agent ID: 502021767
Listing Office: DRG
Listing Office ID: 7970
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: Common Area, Lower Level
Exterior Features: Wood
Lot Dimensions: 40x118.6
Lot Size: 0.1 Acres
Pool Description: None
Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
School District: Minneapolis
Tax Year: 2026
Estimated Taxes: $7,061
Contingency Type: None
City: Minneapolis
Zip: 55405
County: Hennepin
Subdivision: Lot 012 Block 001 Garfield Ave
State: MN

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Listing last updated: 10/15/26

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