3311 Fremont Avenue N Minneapolis, MN 55412
For Sale MLS# 6783249
3,328 sq ft Commercial
Listed by: Edina Realty, Inc.
Details for 3311 Fremont Avenue N
MLS# 6783249
Description for 3311 Fremont Avenue N, Minneapolis, MN, 55412
Turnkey investment with upside potential! This cash-flowing 5+ unit apartment building delivers reliable income with historically low vacancy and strong rental demand in the area. All units are 1-bedrooms that have been updated with modern kitchens, bathrooms, and flooring—reducing maintenance costs and attracting quality tenants. A flexible studio in the basement provides additional opportunity: it was previously part of a 2BR/2BA unit and, with city approval, could become a 6th legal unit to further increase returns. Recent capital improvements include a new water heater, newer boiler, and surface parking for tenants in the back. Seller will contribute 1% towards a buyer’s interest rate buy-down with an acceptable offer—enhancing your cash flow from day one!
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 6
Bathrooms: 6
Lot Size: 0.15 Acres
Square Feet: 3,328 sq ft
Year Built: 1961
Foundation: 1,600 sq ft
Stories: Three Or More
Number Of Units Total: 6
Current Use: Residential
County: Hennepin
Days On Market: 116
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Range, Refrigerator
Flooring: Luxury Vinyl Tile
Doors/Windows: Aluminum Frames
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Common
Cooling: Wall
Heating: Boiler, Natural Gas
Exterior / Lot Features
Open Parking: 6
Parking Description: Uncovered/Open
Exterior: Stucco
Lot Dimensions: 50x127
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Rental License, Road Frontage - City
Unit Information
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 1 Rooms Total: 3
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 2
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 3
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 4 Rooms Total: 3
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Unit 5 Rooms Total: 3
Unit 6 Baths Total: 1
Unit 6 Beds Total: 1
Unit 6 Rooms Total: 3
Driving Directions
Lowry Avenue North to Fremont Ave North. Go north 1 block to 3311 Fremont. Property is on the west side of the street
Financial Considerations
Tenant Pays: Electric,Gas
Owner Pays: Trash,Water
Gross Income: 68881.01
Expense: 20587.97
Tax/Property ID: 0902924130061
Tax Amount: 8043
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3311 Fremont Avenue N
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3311 Fremont Avenue N
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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