2305 Garfield Avenue, Minneapolis, MN 55405

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1905
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 708
Above Ground SqFt: 1902
Below Grd Total SqFt: 585
Total SqFt: 2487
Foundation Size: 772
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1585.00
Lot Dimensions: 128 x 40
Acres: 0.12
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Patio; Porch Basement: Full Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Vinyl Fencing: Full; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Laundry: Common Area; In Basement Lot Description: Tree Coverage - Light Owner Pays: Lawn; Sewer; Snow Removal; Trash Collection; Water Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Shared Rooms: Other Tenant Pays: Broadband; Electricity; Fuel; Gas; Insurance Topography: Level Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Porch Unit 1 Appliances: Exhaust Fan/Hood; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Kitchen/Dining Room Unit 1 Special Search: Main Floor Bedroom Unit 2 Amenities: Walk-In Closet; Hardwood Floors; Kitchen Window Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Kitchen/Dining Room Water: City Water/Connected

Contract Information

Contingency: Inspection
Original List Price: 399900
ListPrice: 399900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2305
Street Name: Garfield
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Complex/Dev/Subdivision: Badger & Penneys 2nd Add

Assessments

Assessment Balance: 741
Assessment Installment: 288
Tax With Assessments: 7633

Basement

Foundation Dimensions: 24 x 28 20 x 5
Full: Yes

More Information

Building Information

Finished SqFt Above Ground: 1585

Income and Expenses

Annual Gross Expenses: 6377
Annual Gross Income: 30800
Annual Insurance Expense: 3234
Annual Maintenance Expense: 1000
Annual Net Income: 24422.76
Annual Repair Expense: 500
Annual Water/Sewer Expense: 1643.24
Total Annual Expenses: 6377
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 34
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 13200
Finished SqFt: 708
Full Baths: Yes
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Unit Number: 2
Annual Rent: 21600
Finished SqFt: 877
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 5

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 021 BLOCK 001 BADGER & PENNEYS 2ND ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3243
Property ID Number: 3402924220172
Tax Year: 2026
Tax Amount: 7345
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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. With tenants moving out at the end of June, 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.
Directions: Lyndale Ave to 22nd St East to Garfield Ave South to property.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes
Patio: Yes
Porch: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes

Exterior

Vinyl: Yes

Fencing

Full: Yes
Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Laundry

Common Area: Yes
In Basement: Yes

Lot Description

Tree Coverage - Light: Yes

Owner Pays

Lawn: Yes
Sewer: Yes
Snow Removal: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Patio: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Other: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Broadband: Yes
Electricity: Yes
Fuel: Yes
Gas: Yes
Insurance: Yes

Unit 1 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Porch: Yes

Unit 1 Appliances

Exhaust Fan/Hood: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Kitchen/Dining Room: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes

Unit 2 Amenities

Walk-In Closet: Yes
Hardwood Floors: Yes
Kitchen Window: Yes

Unit 2 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Kitchen/Dining Room: Yes