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Sold for $885,000 on 02/03/23
  • $885,000

    2322 Garfield Ave, Minneapolis, MN 55405

    12beds
    4,973sqft
    MultiFamily
    Built in 1912
    -- sqft lot
    $894,600 Zestimate®
    $178/sqft
    $1,920 Estimated rent

    Home value

    $894,600

    $814,000 - $975,000

    $1,920/mo

    Zestimate® history
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    Owner options

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    $1,920/mo

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    $1,920/mo

    Rent Zestimate®

    Refinance and save

    $5,451/mo

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    $5,451/mo

    Est. payment

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    What's special

    Instant equity builder!!! This property is currently a fourplex, but was originally designed to be a 6 unit apartment. Two additional 3 bedroom units are ready to be added to the basement! The new owner also has the ability to add coin op laundry for additional income. All existing units are 3 bedroom and 1 bath, all in great shape! Similar bed/bath counts in the area are going for much more per month!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Other
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 4,973 sqft

    Property

    Features
    • Exterior features: Stone
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 3402924220190
    • Zoning: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1912

    Utilities & green energy

    • Sewer: City Sewer/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis

    Other

    Other facts
    • Basement: Full, Daylight/Lookout Windows, Storage Space
    • CONSTRUCTIONSTATUS: Previously Owned
    • HeatingDescription: Baseboard
    • PresentUse: Yearly
    • Sewer: City Sewer/Connected
    • Status: Active
    • Water: City Water/Connected
    • Fuel: Natural Gas
    • Zoning: Residential-Multi-Family
    • Exterior: Brick/Stone
    • Style: (MF) Four Plex
    • FrontageFeet: City
    • Roof: Flat, Rubber
    • GarageDescription: Paved Lot
    • TaxYear: 2020.00
    • LotSizeUnits: Acres

    Price history

    DateEventPrice
    2/3/2023Sold$885,000$178/sqft
    Source: Public Record
    7/7/2022Sold$885,000-10.6%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6136355
    6/28/2022Pending sale$990,000$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6136355
    5/26/2022Price change$990,000-2.9%$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6136355
    5/23/2022Price change$1,020,000-1.9%$205/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6136355

    Public tax history

    YearProperty taxesTax assessment
    2025$14,551 -13.5%$790,000
    2024$16,822 +27.1%$790,000 -9.7%
    2023$13,232 -1.5%$875,000 +8.7%

    Find assessor info on the county website

    Neighborhood: Whittier

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $894,600
    2% more+ $17,892
    With Zillow Showcase(estimated)
    $912,492