2542 Garfield Avenue - Photo 1
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2542 Garfield Avenue
2542 Garfield Avenue
2542 Garfield Avenue
2542 Garfield Avenue
2542 Garfield Avenue

2542 Garfield Avenue, Minneapolis, MN 55405 - MLS# 7142239

MLS® #: 7142239|Days on Market: 36|Listed: Sep 16, 2026

$339,000

$360,000↓ 5.8%
Bedrooms
3
Bathrooms
2
Square Feet
2,211
Acres
0.1
Year Built
1918
Property Type
Residential Income
Heating
Natural Gas, Hot Water
Days on Market
36
School District
1 - Minneapolis

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.

2542 Garfield Avenue, Minneapolis, MN 55405

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Interior Information

BasementFull
HeatingHot Water
FuelNatural Gas
LaundryCommon Area, Lower Level

Size & Levels

LevelsTwo
Total Finished Sq Ft2,911 sq ft
Above Grade Finished2,211 sq ft
Main Level Finished1,036 sq ft

Exterior & Parking

ExteriorWood
RoofAsphalt
FoundationCombination
Patio / PorchEnclosed, Front Porch

Lot & Utilities

Property SubtypeDuplex Up and Down
Lot Size0.1 acres
Lot Dimensions40x118.6
Lot DescriptionPublic Transit (w/in 6 blks), Tree Coverage - Medium
ZoningResidential-Multi-Family
SubdivisionLot 012 Block 001 Garfield Ave
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Paved Streets, Sidewalks

Financial & Tax Information

Annual Taxes$7,061
Tax Year2026
Tax w/ Assessments$7,061
Assessment PendingYes
Parcel Number3402924230056
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Schools

Broker Reciprocity logo
Listed by: DRG
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.