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Buying Hackensack Lakes Area Property Selling Hackensack Lakes Area Property Recently Sold Instant Notifications

MLS# 7107359 - 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.

RE/MAX Results is the brokerage office representing the owner for this listing.
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Heartland Real Estate | Melanie Mix is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate | Melanie Mix, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/10/2026 1:50:00 PM.
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