USAMNMinneapolisDeans Add2870 & 2876 & 2882 Humboldt Avenue S
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$1

For Sale

3 days ago

2870 & 2876 & 2882 Humboldt Avenue S, Minneapolis, MN

MLS® 7107359

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $130,803
Days Active 2
Approx. Age 1915
MLS® Number 7107359

Property Address: 2870 & 2876 & 2882 Humboldt Avenue S, Minneapolis, MN, 55408

Average square foot calculated using Size range provided by listing agent.

Description

* Sale Price: Negotiable * Rare 60 Unit (3 Building) Brownstone Multifamily Portfolio * Located on a 0.49-acre site totaling approximately 21, 344 sf * Corner of Lagoon & Humboldt, across from Lunds & Byerly's, near The Lakes, and next to the Midtown Greenway Trail * Longtime family-owned asset * 95% Occupancy - Desirable unit mix: (18) studios, (41) 1 bedrooms, (1) 2 bedroom. * 3 Parcels: 2870 (33-029-24-34-0014), 2882 (33-029-24-34-0016), land parcel between the buildings (33-029-24-34-0015) * Stabilized property with true value-add upside through rent growth, unit/common area improvements and management/operational efficiencies * Perfect 1031 Tax exchange and Investment * Opportunity to acquire three adjacent multifamily buildings in a single transaction (management efficiency) * Desirable Uptown/Lagoon Ave location with excellent access to nearby restaurant, retail, entertainment, parks & transit * Flexible zoning with 2870 Humboldt Avenue South zoned UN3 and 2876/2882 Humboldt Avenue South zoned RM1, allowing for continued multifamily use in an urban residential setting.
MLS® Number7107359
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1915
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBoiler
A/C

Extras

Building, Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 10, 2026List Date
$1List Price
  • Commute

Commute

Starting Address
Destination Address
2870 & 2876 & 2882 Humboldt Avenue S, Minneapolis, MN

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