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2308 Garfield Ave, Minneapolis, MN

Condo

For Sale

Listed price in listed location currency (USD).
$1,000,000

000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $22,796
Days Active 4
Approx. Age 1967
MLS® Number 6804564

Property Address: 2308 Garfield Ave, Minneapolis, MN, 55405-3288

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present for sale Garfield Avenue Apartments, a 12-unit apartment community located in the Whittier neighborhood of Minneapolis 2308 Garfield Ave S is available for purchase for the first time in over 20 years. We are pleased to present a unique opportunity to purchase a beloved asset in a core urban area. Consisting of 10 one-bedrooms and 2 studios, this property is exceptionally well cared for. Built in 1967, and situated on a .22 acre lot, 2308 Garfield enjoys a great location within walking distance to the commercial district of Lyndale Avenue. Located one street from Lyndale Avenue, tenants will be within walking distance to Aldi, Baba's Hummus House, French Meadow Cafe, Wedge Co-op, Leaning Tower of Pizza and many others. The property includes an 8-space parking lot, an attractive feature for tenants in the relatively dense urban setting. Major capital improvements include a Duro-last roof from approximately 10 years ago and windows from approximately 10 years ago. With average rents at $967, the opportunity blends consistent cash for the owner and affordability/convenience for the tenant. Rental demand is predicted to increase over the next couple years ensuring this property remains highly occupied. This professionally run property has excellent current and historical occupancy.
MLS® Number6804564
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1967
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Fixture/Equipment, Land, Leases, Rental License

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 15, 2025List Date
$1,000,000List Price

Home Appraisal

This property is estimated to sell between: $229,000 and $1,386,000.
Similar properties in this area sold on average for: $229,488
Expected to sell in 78 days. Similar properties sold in 82 days. This home has been on eXp Commercial Brokerage for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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2308 Garfield Ave, Minneapolis, MN

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