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2601 Portland Avenue, Minneapolis, MN 55407

Status: Off Market

3 units
5,669 sq ft 4 garage spaces

WELCOME HOME

Get to know this property.

Architectural Grandeur Meets Investment Opportunity Originally built for Sylvester S. Cargill, this commanding Victorian triplex offers historic pedigree, generous square footage, and compelling flexibility for multi-generational living, creative use, or investment. Located just a block from the American Swedish Institute and moments from Eat Street, Downtown Minneapolis, major hospitals, and commuter routes, this property delivers timeless charm and functional versatility. The layout includes: Main House: 4,000+ sq ft of elegant living space. Carriage House Apartment: 1BR with private entry. Studio Apartment: 1BR within the main house. Lower-Level Suite: With separate access and lux 3/4 bath—ideal for Airbnb/STR thanks to proximity to ASI, Children’s, Abbott Northwestern, and St. Mary’s. Unfinished Attic: Insulated, high-ceilinged space—ready to become a stunning 2BR apartment or luxurious owner’s retreat. Professional Darkroom/Studio: Adds live/work or creative potential. Four-Car Garage: Two heated bays with a workshop Private Garden: Lush, serene backyard with koi pond. Now at $875,000, this property is priced to attract savvy buyers and investors. With multiple units, underutilized bonus spaces, and income projections supporting a strong return (depending on configuration), the value here is as tangible as the original millwork. Whether you're seeking an owner-occupied lifestyle with income support or a fully optimized income-generating asset, 2601 Portland is an exceptional and rare offering in the heart of a dynamic neighborhood.

The details that matter.

General Property Information for 2601 Portland Avenue, Minneapolis, MN 55407 - MLS# 6731817
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
5
Size and Multi Family Residence
Year Built:
1889
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
More Than 2 Stories
Total SqFt:
5,669
Total Fnsh'd SqFt:
5,669
Above Ground SqFt:
6,507
Finished Above Grade:
5,274
Below Ground SqFt:
1,488
Finished Below Grade:
395
Garage Stalls:
4
Garage SqFt:
1,206
Main Floor SqFt:
2,469
Approx Lot Dimensions:
88 x 118
Approx Number of Acres:
0.24
Income and Expenses
Gross Income:
$25,200
Total Expenses:
$29,818.0000

A closer look at the location.

26th Avenue to Portland, South to Property. Located on the Southeast corner of Portland Avenue and 26th Street.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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