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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Full, Shared Access, Storage Space, Unfinished
Basement: Yes
Garage: 3
Heating: Boiler, Ductless Mini-Split, Radiator
Lot Size: 0.12 Acres
Roof Type: Age 8 Years or Less, Architectural Shingle, Asphal
Taxes: $12,778
Year Built: 1900
Feature Descriptions
Days on Site: 47
Exterior: Frame, Stone
Foundation Size: 1040
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 42 x 128
Owners Expense: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Snow Removal, Taxes
Parcel#: 0402824420085
Parking: Covered, Detached Garage, Concrete
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities, Broadband, Cable TV, Electricity, Gas, Parking Fee, Sewer, Trash Collection, Water
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Doro Real Estate
Agency Phone: 612-578-6430
Shown By
Agent Name: Pat Boen, The Boen Team
Agent Phone: (218) 838-4202
Agency Title: Counselor Realty
TOUR THIS HOME
Choose a date and time to see 3407 Fremont Avenue S, Minneapolis, MN 55408.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 4,713.99 per month $3,459.57 Principal & Interest $1,064.83 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
Near By
Print This Listingx
Select a format below, new window will open and will prompt you to print.
3407 Fremont Avenue S | MLS# 7108171
This multi-family property located at 3407 Fremont Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $650,000. Fremont Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on pboen.counselorrealty.com today.