Savvy Avenue
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Street View
$396,000
Monthly Est:$1,971
5 Beds
3 Baths
2,598sqft
2317 Garfield Ave, Minneapolis, MN 55405
$396,000
$1,971/moEst:
Get Pre-Approved
Triplex
Built in 1909
$-- HOA
0.12 acre lot
$152/sq.ft
Description
UPTOWN TRIPLEX, Seller Financing with 10% Down @ only 5.9% on a CONTRACT for DEED - Looking for an investment property where the financing terms may be just as interesting as the property itself? 8.7% Cap & 19.3% CoC - 5+ Bedrooms, 3 Bathrooms, 3,056 SF - Available on a Contract for Deed at 5.9% with 10% Down, 7-Year Term with Option to Extend, $2,000 Monthly Payment (P&I) - Recent improvements: 2022 - Updated Kitchens, Bathrooms, Painting & Floors refinished , 2022 -Updated Electrical inside at installed 3 separate meters, 2022 - Updated Plumbing to Kitchens & Bathrooms, 2021 - Installed new Roof & Gutters, 2015 - Updated Hot Water Heater, 2006 - Modern Boiler that has been serviced regularly - Outside, there is a private fully fenced backyard, raised garden beds, fire pit, and 4 off-street parking spots - ARV = $525K to $575K+ Rent Potential: 1st Level = 2 Bed & 1 Bath - $1,650+ / Month - (Need to Add Walls and a Door) - or - Invest More and it could be a 3 Bed with Office & 2 Bath with Family Room in Lower Level - $2,150+ / month, 2nd Level = 2 Bed & 1 Bath - $1,700+ / Month, 3rd Level = 1 Bed & 1 Bath - $1,250+ / Month need to finish Kitchen and update the flooring - Laundry Income $50+ / Month = Total Gross Rent: $4,650+ - Location is less than 2 blocks to Bus line, SK Coffee, Learning Tower of Pizza, Wedge Coop, and only 5 blocks to Eat Street Restaurants - The opportunity isn’t just in what you buy, it’s in how you’re able to buy it that really counts - Come check it out, you will be glad you did ;-)
- Houzeo last checked: 11 minutes ago
- Listing updated: October 4, 2026 at 2:28 am
- Listing Provided by: Martin Turner (612) 695-0167 | eXp Realty (320) 500-4397
- Source: Northstar MLS-MN | MLS#: 7136071
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1909
HOA Fees
-
Finished Area
2,598 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7136071
Days on Market
6
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Exterior Features
Cement Board
Sewer
City Sewer/connected
Heating
Boiler, Radiator
Construction
Year Built
Year Built: 1909
Home type
Triplex
Foundation Details
Brick/mortar, Stone
Roof
Age 8 Years Or Less, Architectural Shingle, Asphalt, Pitched
Construction Materials
Block, Concrete, Frame
Utilities & Energy
Association Amenities
Common Garden, Lobby Entrance
Basement
Full, Other, Shared Access, Storage Space, Unfinished
Water Source
City Water/connected
Laundry Features
In Basement, Common Area
Parking Features
Asphalt, Parking Lot
Electric
200+ Amp Service
Other Features
Tenant Pays
Cable Tv, Electricity, Other
Lot Features
Public Transit (w/in 6 Blks), Tree Coverage Light
Subdivision Name
Badger & Penneys 2nd Add
Price History
| Date | Event | Price |
|---|---|---|
10/04/2026 Source: | Listed for Sale | $396,000 +13.14% $152/sqft |
05/17/2022 Source: | Sold | $350,000 -6.67% $135/sqft |
05/17/2022 Source: | Listing Removed | $375,000 $144/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 08, 2026, 09:31PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC