3407 Fremont Avenue S, Minneapolis, MN 55408
- $650,000
- 4
- BD
- 3
- BA
- 2,678
- SqFt
- List Price
- $650,000
- MLS#
- 7108171
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Duplex Up and Down
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,678
- Acres
- 5227
- Subdivision
- Remingtons 2nd Add
- Neighborhood
- 70
- Year Built
- 1900
Property Description
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.
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Additional Information
- School District
- Minneapolis
- Amenities Shared
- Laundry, Patio, Sauna
- Tax Year
- 2026
- Fencing
- Full, Privacy, Wood
- Fuel
- Natural Gas
- Lot Description
- Public Transit (w/in 6 blks), Tree Coverage - Light
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less, Architectural Shingle, Asphalt
- Topography
- Level
- Heating
- Boiler, Ductless Mini-Split, Radiator
- Water
- City Water/Connected
- Basement
- Daylight/Lookout Windows, Full, Shared Access, Storage Space, Unfinished
- Parking
- Covered, Detached Garage, Concrete
- Garage Spaces
- 3
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Listing courtesy of Doro Real Estate.
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