2516 Humboldt Ave S, Minneapolis, MN 55405

Beautifully maintained, legal, (and properly licensed) triplex built in 1905 with central air in every unit and a detached, 4-car garage. Excellent natural light in every room as well as original hardwood floors throughout each spacious unit make this property a "must see to believe". This is a turnkey property as an investor or homeowner - there is no deferred maintenance on exterior, interiors, or mechanicals. Charming details abound in every room highlighting the craftsmanship of this classic home - original moldings, French doors, built-in china cabinets, window casings, and tucked away secret spacious 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 bright and sunny 10'4" x 9'3" office. Every kitchen in each unit has a dishwasher. 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. The property contains a total of 8 bedrooms and 6 bathrooms. See the Floor Plan for more details. Located in the East Isles neighborhood, the property is just 3 blocks off Lake of the Isles and 1 block from Joanne R. Levin Park with convenient access to many local shops and restaurants including Kowalski's Market. 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 fully leased/occupied and no open houses are scheduled.