$650,000

3407 Fremont Avenue S, Minneapolis, MN 55408

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$650,000

3407 Fremont Avenue S Minneapolis, MN 55408

For Sale MLS# 7108171

4 beds 3 baths 2,678 sq ft Multi-family

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Data current as of 28/07/2026 15:29:05

Details for 3407 Fremont Avenue S

MLS# 7108171

Description for 3407 Fremont Avenue S, Minneapolis, MN, 55408


Perfectly positioned in the heart of South Uptown, this 1900-built up-and-down duplex combines classic architectural character with a full slate of modern, high-value upgrades. Each 2-bedroom unit offers over 1,300 sq ft of living space, private entrances, updated kitchens, and individual ductless mini-split climate control. Unit #1 includes a full bath plus half bath; Unit #2 features a full bath and is leased through September 30, 2026, with availability October 1, 2026 - ideal for owner-occupancy or new tenant placement. Recent improvements include a newer roof (August 2023), two on-demand boilers still under warranty, ductless mini-splits installed within the last 3-4 years, separate electrical and gas service, a recently replaced dryer, and free shared laundry. The fully fenced backyard features a brick paver patio, fire pit, and water feature, while a detached 3-car garage with additional parking pad creates multiple income opportunities. Just blocks from Lake Bde Maka Ska, Black Walnut Bakery, and other vibrant neighborhood amenities, the property currently generates $5,175/month with income in place through spring 2027 and clear potential to boost returns through rent increases, full garage and pad rental, coin laundry, and short-term rental potential. Whether you're seeking a turnkey addition to your portfolio or a home that significantly offsets your living expenses, this is a rare opportunity in today's multi-family market.

Listing Information


Property Type: Multi-family, Duplex Up and Down

Status: Active

Bedrooms: 4

Bathrooms: 3

Lot Size: 0.12 Acres

Square Feet: 2,678 sq ft

Year Built: 1900

Foundation: 1,040 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: Remingtons 2nd Add

Number Of Units Total: 2

County: Hennepin

Days On Market: 4

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Additonal Room Information

Laundry: In Basement, Common Area, Washer Hookup, Gas Dryer Hookup

Interior Features


Square Footage above: 2,678 sq ft

Basement: Storage Space, Daylight/Lookout Windows, Shared Access, Unfinished, Full

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Boiler, Ductless Mini-Split, Natural Gas, Radiator

Exterior / Lot Features


Garage Spaces: 3

Open Parking: 1

Parking Description: Detached Garage, Driveway - Concrete, Covered, Garage Dimensions - 33 x 22, Garage Sq Ft - 726.0

Exterior: Wood, Stucco

Roof: Age 8 Years or Less, Asphalt Shingles, Architectural Shingle

Lot Dimensions: 42 x 128

Zoning: Residential-Multi-Family

Topography: Level

Fencing: Full, Wood, Privacy

Additional Exterior/Lot Features: Tree Coverage - Light, Public Transit (w/in 6 blks), Road Frontage - Street Lights, Paved Streets, Sidewalks, Curbs, City

Community Features


Association Amenities: Sauna, Patio, Common Laundry Facility

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 2300

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 1 Rooms Total: 7

Unit 2 Units Total: 1

Unit 2 Actual Rent: 2475

Unit 2 Baths Total: 2

Unit 2 Beds Total: 2

Unit 2 Rooms Total: 8

Driving Directions


From I-35W N, take exit 14 on the right toward 36th Street / 35th Street. Turn left to go west on 35th Street. Turn left to go south on Pillsbury Avenue. Turn right to go west on 36th Street. Turn right to go north on Fremont Avenue S, and the property will be on the right.

Financial Considerations


Tenant Pays: All Utilities,Broadband,Cable T.V.,Electric,Gas,Parking Fee,Sewer,Trash,Water

Owner Pays: Common Area Maintenance,Exterior Maintenance,Grounds Care,HVAC Maintenance,Insurance,Lawn,Maintenance/Repair,Repairs,Roof Maintenance,Snow,Taxes

Gross Income: 62100

Expense: 4400

Tax/Property ID: 0402824420085

Tax Amount: 12778.52

Tax Year: 2026

HomeStead Description: Non-Homesteaded

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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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 3407 Fremont Avenue S

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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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