2 months on rocket

2735 Garfield Ave S, Minneapolis, MN, 55408

$624,900

Home List Price

$7,421*

Closing Credit

0 Baths
2,818 SqFt
$222/SqFt
Multi

Location

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2735 Garfield Ave S, Minneapolis$624,900

Buyer Closing Credits

$7,421*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAsphalt
Year Built1913
HeatingForced Air
BasementYes
MLS #6610973
StatusActive

About 2735 Garfield Ave S

Recently updated, solid, income producing 4-plex in S Mpls. Big ticket items done - Lp Smart siding, 4 new high efficiency furnaces, central A/C for each unit, 100 amp electrical for each unit, new windows, sky light, roof, cement front porch, added heat in the basement & shared coin laundry. Unit updates include new light fixtures, appliances, new pantries & updated bathrooms. Preserved old world charm remains with HW floors & built-in buffets. Great location with easy access to the Midtown Greenway via the Bryant Ave Ramp and, highways I-35W and I-94. Building has a Front and back Porches with shared fenced-in Backyard. Off-street Parking. Unit can be made available for owner-occ. Current rents - Unit 1: $1,080 expires 5/31/25 Unit 2: $1,150 expires 9/30/24 Unit 3: $1,000 M2M Unit 4: $1,050 M2M

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 2,818 SqFt

Listing Office:

  • Office Name: Verde Real Estate Group

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 35W, W on 36th Ave, N on Garfield to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,900
  • Price Per SqFt: $222/SqFt
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

2735 Garfield Ave S vs Minneapolis

82 DAYS ON ROCKET

+49 Days

$624,900

+$274.9K More

$222/SqFt

+$20 More

KEY TAKEAWAY

This property is $274.9K more than the Median Sold Price and $20/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6610973

Listing Office:

  • Office Name: Verde Real Estate Group

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Last updated on: 12/22/2024, 7:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1053770
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.19 miles

  • Public Magnet Grades PK-5

school-card-donut-1053771
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-1053772
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.96 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,058. The most common annual income of people living in Minneapolis, MN is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›2735 Garfield Ave S

This home is located at 2735 Garfield Ave S in Minneapolis, MN and zip code 55408 in the Powderhorn neighborhood. This 2,818 square foot home was built in 1913. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $624,900.

In November 2024, from all listings sold in Minneapolis, MN there were more than 283 sold above asking price, over 403 sold below and more than 203 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. In November 2024 median list price was $349,986 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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