2516 Humboldt Avenue S
Minneapolis, MN 55405
- – beds
- – baths
- 6,055 sqft
- $164 per sqft
- 1905 build
- – on site
Beautifully maintained, legal, (and properly licensed) triplex built in 1905 with central air in every unit and a detached, 4-car garage. Excellent natural light in every room as well as original hardwood floors throughout each spacious unit make this property a "must see to believe". This is a turnkey property as an investor or homeowner - there is no deferred maintenance on exterior, interiors, or mechanicals. Charming details abound in every room highlighting the craftsmanship of this classic home - original moldings, French doors, built-in china cabinets, window casings, and tucked away secret spacious 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 bright and sunny 10'4" x 9'3" office. Every kitchen in each unit has a dishwasher. 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. See the Floor Plan for more details. Located in the East Isles neighborhood, the property is just 3 blocks off Lake of the Isles and 1 block from Joanne R. Levin Park with convenient access to many local shops and restaurants including Kowalski's Market. 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.
Last checked:
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Last updated May 15, 2025
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MLS# 6706833 —
The Building
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Year Built:1905
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New Construction:false
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Age Of Property:120
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Construction Materials:Metal Siding, Stucco, Wood Siding
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Construction Materials Desc:Frame,Stone
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Roof:Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
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Accessibility Features:None
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Levels:More Than 2 Stories
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Main Level Finished Area:2111.0000
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Basement:Drainage System, Finished, Shared Access, Stone/Rock, Tile Shower
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Basement:true
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Foundation Area:2111
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Building Area Total:6398
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Above Grade Finished Area:5229
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Below Grade Finished Area:826
Room Dimensions
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Living Area:6055
Location
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Directions:Lake of the Isles Parkway to West 25th Street. East on West 25th St to Humboldt, South to Home.
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Latitude:44.956638
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Longitude:-93.298635
The Property
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Parcel Number:3302924240095
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Zoning Description:Residential-Multi-Family
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Property Type:Residential Income
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Property Subtype:Triplex
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Additional Parcels:false
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Lot Features:Public Transit (w/in 6 blks)
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Lot Size Area:0.18
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Lot Size Dimensions:50x155
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Lot Size Units:Acres
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Topography:Level
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Road Frontage Type:City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
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Road Responsibility:Public Maintained Road
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Fencing:Privacy, Vinyl
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (612) 581-5842
- Office phone:
- (612) 314-1520
Taxes
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Tax Year:2025
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Tax Annual Amount:18310
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Tax With Assessments:18309.9200
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Baseboard, Boiler, Forced Air, Hot Water
Utilities
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Electric:Circuit Breakers, 100 Amp Service
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Three
Schools
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High School District:Minneapolis
The Community
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Subdivision Name:Lake Of The Isles Add
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Association Amenities:Laundry, Lobby Entrance, Patio, Security Lighting
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Assessment Pending:Unknown
Parking
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Parking Features:Detached, Asphalt, Shared Driveway, Garage Door Opener, Storage
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Garage Spaces:4
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Garage Door Height:7
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Garage Door Width:16
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Garage Dimensions:40x20
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Garage SqFt:800
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/25
May 1, 2025
|
Listed / Active | NORTHSTAR | $995,000 | |
4/28/25
Apr 28, 2025
|
Coming Soon | NORTHSTAR | $995,000 |