3311 FREMONT AVENUE
3311 Fremont Avenue, Minneapolis, 55412, MN
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Price: $540,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Folwell
Bedrooms: 0
Property Size :0
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Listing Agent: NST16629,NST62993
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Property type : Apartment
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Zip code: 55412
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Street: 3311 Fremont Avenue
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Street: 3311 Fremont Avenue
Bathrooms: N/A
Year: 1961
Listing Brokerage: Edina Realty, Inc.
FEATURES
- Range
- Refrigerator
DETAILS
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!
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: None,
Appliances Included:
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- Range
- Refrigerator
EXTERIOR
Air Conditioning: Wall Unit(s)
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1600ft²
Unit Amenities:
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- None
Heating System:
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- Boiler
LOT
Acres: N/A
Lot Size Dim.: 50x127
Longitude: 45.0154
Latitude: -93.296
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $8,043
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7797666
Listing Brokerage: Edina Realty, Inc.
ID: 4074742
Published: September 04, 2025
Last Update: September 04, 2025
Views: 4
