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

660

MLS® 6783249

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $8,043
Days Active 341
Lot Size 6350 SF
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
HeatBoiler
A/CWall Unit(s)

Extras

Building, Rental License

Price History

Last Sold Price

$515,000$515K

Appreciation

--

Avg. Days Listed

0 days

Today, For Sale for $500,000

For Sale · 340 days

$500,000

MLS® 6783249

A year ago

Not Sold Yet

September 2025, For Sale for $500,000

For Sale · 340 days

$500,000

MLS® 6783249

A year ago

Not Sold Yet

July 2024, Sold for $515,000

30086745_IMG_9891.jpg
Sold · 0 days

$515,000$500,000

MLS® 6398964

2 years ago

Sold on Aug 7, 2023

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