3412 Humboldt Avenue S Minneapolis, MN 55408
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 9:06 pm
Property Features for 3412 Humboldt Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 6, Basement, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 4
- Parking features
- Open, Driveway, Garage, Garage - Attached
- Exterior features
- Brick/Stone
- Standard status
- Active
- APN
- 0402824310064
- Size
- 5,195 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 16013
Utilities
- Heating system
- Oil
Building Details
- Year built
- 1948
- Building materials
- Block, Brick, Frame
- Roof type
- Rubber, Shingle, Flat
Listing agent Thomas B Meckey (651) 955-3472
Listing office MOVE 5000 W 36th St Ste 225, St Louis Park, MN (651) 955-3472
Listing date Jul 10, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3412 Humboldt Avenue S in Minneapolis, MN 55408, the property is in the East Bde Maka Ska (ECCO) area of Uptown. The remarks indicate a short walk to Lake Bde Maka Ska and proximity to the dining, shopping, and entertainment districts of Lyn-Lake and Uptown, with nearby public transit and quick access to I-35W.
Prospective buyers are advised that zoning and unit compliance details, as well as square footage verification, should be confirmed with the City.
Key Highlights
- Operates as a triplex with a non‑conforming 4th unit
- Over 5,100 finished sq ft with a multi‑bedroom, multi‑bath layout and basement
- Attached 2‑car garage plus driveway and open parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.3k | $22.20 |
| − Vacancy | −$6.9k | −$1.33 |
| EGI | $108.4k | $20.87 |
| − OpEx | −$32.5k | −$6.26 |
| NOI | $75.9k | $14.61 |
