2516 HUMBOLDT AVENUE

2516 Humboldt Avenue, Minneapolis, 55405, MN

DETAILS

Well-maintained, legal, (and properly licensed) triplex built in 1905 with central air in every unit and a detached, 4-car garage. Charming details abound in this classic property making every room feel special, including original moldings, trim, French doors, a sun room, built-in china cabinets, window casings, and tucked away secret closets. Floors 1 and 2 have 3 bedrooms/2 baths per unit including primary bedrooms with walk-in closets and en suite bathrooms. Floor 3 has 2 bedrooms, 1 full bath w/soaking tub, vaulted ceilings, skylights, and a bonus office space. Every kitchen in each unit has a dishwasher. Excellent natural light and original hardwood floors throughout each spacious unit make this property easy to enjoy. The shared finished basement is unusually large and bright with good ceiling height, and features a shared laundry room, a community/rec room, a 3/4 bath, and a tenant storage area. The property contains a total of 8 bedrooms and 6 bathrooms (including the 3/4 bath in the basement). See the Floor Plan for more details. Located in the East Isles neighborhood, the property is just 3 blocks off Lake of the Isles with convenient access to many shops and restaurants. Personally managed for the last 18 years by an owner focused on diligent maintenance, the property has attracted long-term tenants and rents quickly on the rare occasions a unit becomes available. A few of the recent thoughtful improvements include newer, appliances, fresh interior paint, a new roof in 2023, and a sustainable, low maintenance clover yard was installed in 2024. Whether you keep the current tenants in place or move in yourself don’t miss out on a rare opportunity to own this exceptional property. See the 3-D Tour on the Virtual Tour link for an immediate, online walk-thru viewing of the basement and Unit 1 and Unit 3 of the property. Detailed owner revenue and expense history available to qualified buyers. PRE-APPROVED BUYERS ONLY PLEASE as property is fully leased/occupied and no open houses are scheduled.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 6055 ft²

  • Below Ground Living: 826ft²

  • Bathrooms: N/A

  • Above Ground Living: 5229ft²

  • Basement Details: Drainage System, Finished, Shared Access, Stone/Rock, Tile Shower,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 4

  • Construction Materials: N/A

  • Foundation Size: 2111ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water
    • Forced Air
    • Baseboard
    • Boiler

LOT

  • Acres: N/A

  • Lot Size Dim.: 50x155

  • Longitude: 44.9566

  • Latitude: -93.2986

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $18,310

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7731120

  • Listing Brokerage: RE/MAX Results Agency Icon

ID: 3580668
Published: May 02, 2025
Last Update: May 02, 2025
Views: 1