$539,900

2724 Garfield Ave Minneapolis, MN 55408

$6,411
Closing credit¹
2,632 sqft
$205 / sqft
Multi-Family

Property details

About 2724 Garfield Ave

Perfect for an owner occupant or an investment property. Spacious 3 bedroom, 1 bath units with old world charm and open spaces, high ceilings, hardwood floors, original woodwork, built-ins, natural light, leaded and stained glass, front porches, and pantry off of the kitchen. Brand new pitched roof with complete tear-off in October 2024, facia, soffits, and field welded copper drip edge. Two newer hot water boilers replaced in 2022, one for each unit. Separate utilities, 2 car garage + 2 parking spaces in the back. Each unit enjoys a 8' x 27' front porch to take in the city life! Lower level includes a washer and dryer for the main floor unit plus plenty of room for storage. Close to so many great restaurants and shops on Eat Street, Hennepin, and Lyndale Avenue. Many grocery options are nearby; The Wedge Co-op, Aldi's & Kowalski's. The World-renowned MIA and Children's Theater are neighborhood delights! Close to the greenway bike/walking trail, minutes to downtown/Lake of the Isles and 2 blocks from public transportation. 20 min to MSP Airport. This duplex has been well maintained and was owner occupied for many years; you do not want to miss it! Bring your ideas for the unfinished third floor attic space with enough ceiling height and open floor plan to get another apartment added! Hurry, this one will not last long!!

Highlights

Home typeDuplex
HeatingSteam
StatusActive
Size2,632 sqft
BasementYes
Year built1909
ParkingDetached, Concrete
MLS #6715538
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete
  • Heating: Steam
  • List Price: $539,900
  • Price/SqFt: $205
  • Annual Tax Amount: $7,982
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: Highway 94 to Lyndale Ave S / Go South to 28th st./ Go East (left) to Garfield Ave. and then turn North to Property. The 2+ Story Duplex sits on the Westside of the Avenue.
  • Year Built: 1909
  • Living Area: 2,632 SqFt
  • MLS Number: 6715538
  • MLS Name: NORTHSTAR
  • Office Name: Apartment Cash Flow, Inc.

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Get an agent. Get a mortgage. Save big.¹

greek revival house featuring covered porch, fence, a chimney, and a balcony

$539,900

2724 Garfield Ave

$6,411

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 19, 2002
Home Sold
$240,000

Tax history

YearAssessmentProperty Tax
2023$485,000$7,982
2022$477,000$7,890
2021$467,000$8,160
2020$530,500$9,132
2019$491,000$8,929
2018$467,500$8,743
2017$406,500$7,455

History based on county public records data.

Nearby schools

2

Whittier International Baccalaureate World School

Public Magnet PK-5

0.2 mi

315 W 26th St

4

Lyndale Community School

Public District PK-5

0.8 mi

312 W 34th St

2

Hennepin Elementary School

Public Charter KG-5

1.0 mi

2123 Clinton Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,058. Most Minneapolis, MN residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
43%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
16%
Single, with Kids
7%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
5%
12-17 yrs old
45%
18-34 yrs old
29%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2724 Garfield Ave in Minneapolis, MN and zip code 55408 in the Powderhorn neighborhood. This 2,632 square foot home was built in 1909. Features: 0 bathroom. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $539,900.

Over 466 listings were sold over their listed price in April 2025 in Minneapolis, MN. In the same period over 261 listings were sold below the listed price and 213 listings were sold for the listed price. In April 2025 in Minneapolis, MN there were 23% more homes for sale than in March. In April 2025 median list price was $354,417 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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