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Listed price in listed location currency (USD).
$500,000

000

MLS® 6783249

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees $1,889
Taxes $8,043
Days Active 105
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1961
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Rental License

Similar Listings

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 9, 2023List Date
$500,000List Price
  • Commute

Commute

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

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