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$500,000

For Sale

8 months ago

3311 Fremont Ave N, Minneapolis, MN

House

MLS® 6783249

6 Bed

6 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $8,043
Days Active 236
Lot Size 
Approx. Age 1961
MLS® Number 6783249

Property Address: 3311 Fremont Ave N, Minneapolis, MN, 55412-2458

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

Description

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!
MLS® Number6783249
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1961
BasementNone
DrivewayOpen
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 4, 2025List Date
$500,000List Price
Aug 7, 2023End Date
$515,000Sold Price

Sold

Jul 15, 2024List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
3311 Fremont Ave N, Minneapolis, MN

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