2870 & 2876 & 2882 Humboldt Avenue S Minneapolis, MN 55408
For Sale MLS# 7107359
Other
Details for 2870 & 2876 & 2882 Humboldt Avenue S
MLS# 7107359
Description for 2870 & 2876 & 2882 Humboldt Avenue S, Minneapolis, MN, 55408
* 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.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.49 Acres
Square Feet: 43,332 sq ft
Year Built: 1915
Foundation: 3,611 sq ft
Subdivision: Deans Add
Number Of Units Total: 60
Current Use: Residential
County: Hennepin
Days On Market: 11
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Heating: Natural Gas, Boiler
Exterior / Lot Features
Parking Description: Parking Lot, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Lot Dimensions: 128X168
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Leases
Driving Directions
Located on the corner of Humboldt Ave St & Lagoon Ave in Minneapolis, MN.
Financial Considerations
Tax/Property ID: 3302924340014
Tax Amount: 130803
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Results
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2870 & 2876 & 2882 Humboldt Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2870 & 2876 & 2882 Humboldt Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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