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This Multifamily Property is no longer advertised on LoopNet.com.
2700 Garfield Ave
Minneapolis, MN 55408
Multifamily Property For Sale
·
8 Units

Investment Highlights
- In-Place Cap Rate of 8.14%
- Over $11,000/month in Income
- Mixture of Long-Term Tenants, and Furnished Mid/Short-Term Units
- Fully Renovated in 2022/23
Property Facts
| No. Units | 8 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 5,328 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1959 |
| Zoning | R2B - a low-density, multiple-family residential zoning district | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,328 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Zoning | R2B - a low-density, multiple-family residential zoning district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 500 |
| Studios | 1 | - | 350 |
Property Taxes
| Parcel Number | 34-029-24-32-0097 | Improvements Assessment | $688,000 |
| Land Assessment | $151,000 | Total Assessment | $839,000 |
Property Taxes
Parcel Number
34-029-24-32-0097
Land Assessment
$151,000
Improvements Assessment
$688,000
Total Assessment
$839,000
Listing ID: 33250671
Date on Market: 9/20/2024
Last Updated:
Address: 2700 Garfield Ave, Minneapolis, MN 55408
The Whittier Multifamily Property at 2700 Garfield Ave, Minneapolis, MN 55408 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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