2757 Fremont Ave S, Minneapolis, MN

Name: 2757 Fremont Ave S, For Sale in Minneapolis - eXp Realty
Brand: Edina Realty, Inc.
SKU: 7060719
Price: 599900 USD

House

For Sale

Listed price in listed location currency (USD).

$599,900

540

MLS® 7060719

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2872 sqft

Garage

Taxes $9,487

Days Active 5

Lot Size

Approx. Age 1900

Avg. Price Per Sqft $208

MLS® Number 7060719

Property Address: 2757 Fremont Ave S, Minneapolis, MN, 55408-1190

Average square foot calculated using Size range provided by listing agent.

Description

Cash-flowing investment opportunity you've been waiting for. This rare, fully legal triplex in the heart of Uptown delivers a true 10.3% cap rate with a proven, diversified income stream. Located just blocks from the lakes in one of Minneapolis’ most walkable neighborhoods, this is a turnkey asset that performs from day one. Includes (2) 1 bedroom, 1 bath units and (1) spacious 3 bedroom, 2 bath unit, all generating strong, consistent rents. One of the two 1 bedroom unit operates as a highly successful Airbnb, averaging $2, 800 per month, with a 13 year track record and “Guest Favorite” status. (see supplements for more info) The transition is seamless with furnishings, professional photos, a dedicated cleaning company, and established systems all included so you can continue generating income immediately. The remaining units are leased at $1, 450 and $2, 100, providing reliable long term income with room for future upside. Unit 1 (1 bedroom) is Airbnb. Unit 2 (3 bedroom) is Leased through September and Unit 3 (1 bedroom) is currently month to month. offering flexibility for an owner occupant or an investor looking to optimize returns. Extensive updates make this a true plug and play investment. Improvements include new kitchens, updated bathrooms, fresh paint throughout, a brand new roof, and a new boiler system. Most mechanicals and utilities have been updated within the past five years, helping minimize near term expenses and simplify ownership. Each unit has its own private entrance, increasing tenant appeal and flexibility. On street parking is easy and readily available, with potential to explore adding an off street space on the southeast corner of the lot with city approval. Tenant storage and laundry in the shared basement. Fully licensed and legally zoned as a triplex, which is increasingly rare in this area, this property offers both stability and long term investment confidence. Whether you are expanding your portfolio or looking for a high performing asset in a prime location, this is a standout opportunity in one of Minneapolis’ most desirable rental markets.

MLS® Number7060719

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

BasementPartial, Shared Access, Storage Space, Unfinished

DrivewayOn-Street Parking Only

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 27, 2026List Date

$599,900List Price

Home Appraisal

This property is estimated to sell between: $599,000 and $615,000.

Similar properties in this area sold on average for: $609,583

Expected to sell in 76 days. Similar properties sold in 81 days. This home has been on eXp Realty for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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