2516 Humboldt AVE S Coming Soon Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55405
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,055 sqft
Price per Sqft $164
Subdivision Lake Of The Isles Add
MLS Listing ID 6706833
Year Built 1905
Annual Tax Amount $18,310
Tax Year 2025
Contingent None
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 50x155
Property Sub-Type Triplex
Property Description
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. 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 occupied.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Community Room,Other
Basement Drainage System,Finished,Shared Access,Stone/Rock,Storage Space,Tile Shower
Interior
Heating Baseboard,Boiler,Forced Air,Hot Water
Fireplace No
Exterior
Parking Features Detached,Asphalt,Shared Driveway,Garage Door Opener,Storage
Garage Spaces 4.0
Fence Privacy,Vinyl
Roof Type Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
Building
Lot Description Public Transit (w/in 6 blks)
Story More Than 2 Stories
Foundation 2111
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Metal Siding,Stucco,Wood Siding
New Construction false
Schools
School District Minneapolis
Others
Virtual Tour https://tours.spacecrafting.com/n-fwpypz