$995,000

2516 Humboldt Ave S Minneapolis, MN 55405

$10,000
Closing credit¹
6,055 sqft
$164 / sqft
Multi-Family

Property details

About 2516 Humboldt Ave S

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.

Highlights

Home typeTriplex
HeatingBaseboard, Steam, Forced Air, Hot Water
StatusComing Soon
Size6,055 sqft
BasementYes
Year built1905
ParkingDetached, Asphalt, Shared Driveway, Garage Door Opener, Storage
MLS #6706833
Garage4 spaces

Summary

  • Basement: Yes
  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Shared Driveway, Garage Door Opener, Storage
  • Heating: Baseboard, Steam, Forced Air, Hot Water
  • List Price: $995,000
  • Price/SqFt: $164
  • Annual Tax Amount: $16,265
  • Tax Year: 2023
  • Directions: Lake of the Isles Parkway to West 25th Street. East on West 25th St to Humboldt, South to Home.
  • Year Built: 1905
  • Living Area: 6,055 SqFt
  • MLS Number: 6706833
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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view of front of house featuring a chimney

$995,000

2516 Humboldt Ave S

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 03, 2007
Home Sold
$790,000

Tax history

YearAssessmentProperty Tax
2023$1,004,000$16,265
2022$947,000$15,462
2021$914,000$15,751
2020$913,500$15,157
2019$913,500$16,389
2018$830,500$15,227
2017$748,000$13,715

History based on county public records data.

Nearby schools

4

Kenwood Community School

Public District KG-5

0.6 mi

2013 Penn Ave S

2

Whittier International Baccalaureate World School

Public Magnet PK-5

0.7 mi

315 W 26th St

2

Emerson Elementary School

Public Magnet PK-5

1.2 mi

120 W 15th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,256. Typical income of Minneapolis, MN residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
60%
35k-100k
9%
100k-200k
9%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

75%
Single, No Kids
4%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
54%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2516 Humboldt Ave S in Minneapolis, MN and zip code 55405 in the Lake of the Isles neighborhood. This 6,055 square foot home was built in 1905. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $995,000.

Over 364 listings were sold over their listed price in March 2025 in Minneapolis, MN. In the same period over 309 listings were sold below the listed price and 165 listings were sold for the listed price. Between February and March 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23.5%. In March 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $353,912.

From Rocket Homes Real Estate and based on county public records data.

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