2601 Portland Avenue, Minneapolis, MN 55407
Local realty services provided by:ERA Prospera Real Estate
2601 Portland Avenue,Minneapolis, MN 55407
$875,000
- - Beds
- - Baths
- 5,669 sq. ft.
- Multi-family
- Pending
Listed by: natasha cejudo
Office: lakes sotheby's international realty
MLS#:6731817
Source:NSMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$109.44
About this home
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.
Contact an agent
Home facts
- Year built:1889
- Listing ID #:6731817
- Added:183 day(s) ago
- Updated:December 17, 2025 at 09:43 PM
Rooms and interior
- Living area:5,669 sq. ft.
Heating and cooling
- Heating:Fireplace(s), Forced Air
Structure and exterior
- Roof:Age 8 Years or Less
- Year built:1889
- Building area:5,669 sq. ft.
- Lot area:0.24 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$109.44
- Tax amount:$7,628 (2025)
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