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2870 & 2876 & 2882 Humboldt Avenue S, Minneapolis, MN 55408

New - 4 Hours Ago

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 651-251-4800

Shown By

Agent Name: Dawn Keller
Agent Phone: (507) 272-3619
Agency Title: Counselor Realty

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Property 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.

2870 & 2876 & 2882 Humboldt Avenue S | MLS# 7107359

This commercial property located at 2870 & 2876 & 2882 Humboldt Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $1. & 2876 & 2882 Humboldt Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on dkeller.counselorrealtyofrochester.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 0.49 Acres
Taxes: $130,803
Year Built: 1915

Feature Descriptions

Current Use: Residential
Foundation Size: 3611
Lot Dimensions: 128X168
Parcel#: 3302924340014
Parking: Parking Lot
Sale Includes: Building, Leases
Sewer: City Sewer/Connected
Units: 60
Utilities: Electric Common, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Demographics



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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 3:37:17 AM EST) or RMLS-MN MLS (last updated Fri 07/10/2026 12:02:28 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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