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2408 Fremont Avenue S, Minneapolis, MN 55405

$725,000

Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 5,426 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $725,000 List Date: 4/24/2026 Last Modified: 7/17/2026

Overview

Description

*Seller financing is available with acceptable terms.* Located in the heart of the vibrant Uptown/Lowry Hill/East Isles neighborhood, this spectacular and spacious multifamily property offers unbeatable access to top restaurants, boutique shopping, and the cherished Minneapolis lakes. Featuring 7 bedrooms and 3 bathrooms spread across four unique levels of living space, this home offers incredible flexibility—perfect as an owner-occupied residence or a long-term rental investment. The property has a strong rental history and is easy to lease, thanks to its prime location and welcoming atmosphere that keeps tenants long-term. Classic architectural charm shines throughout with rich woodwork, built-ins, hardwood floors, and warm finishes. Enjoy sunny front porches, a second-floor deck overlooking a shared, fenced backyard, and a third-floor balcony—ideal for relaxing or entertaining. Additional perks include 4 garage stalls, adding both convenience and value. This is a rare opportu ... (Read more)

Listing Details MLS# 7059751

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1901
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1592
Above Ground SqFt: 3834
Below Grd Total SqFt: 1592
Total SqFt: 5426
Foundation Size: 1592
Style: (MF) Duplex Up and Down
Total Finished Sqft: 4434.00
Garage Stalls: 4
Lot Dimensions: 45X89&8X40
Acres: 0.13
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Deck; Patio Basement: Full Construction Status: Previously Owned Electric: Circuit Breakers; Fuses Exterior: Stucco Fencing: Full; Privacy; Wood Foundation: Combination Fuel: Natural Gas Heating: Baseboard; Radiator Laundry: Common Area; In Basement Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Contract for Deed; Conventional; VA; Other Sewer: City Sewer/Connected Shared Rooms: Other Tenant Pays: All Utilities Topography: Level; Solar Oriented Unit 1 Appliances: Dishwasher; Disposal; Refrigerator Unit 1 Bath Description: 1/2 Basement; Main Floor Full Bath Unit 1 Cooling: Window Unit 2 Appliances: Double Oven; Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 3 Appliances: Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Dining Room Description: Informal Dining Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 735000
ListPrice: 725000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2408
Street Name: Fremont
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Complex/Dev/Subdivision: Channells Add

Assessments

Tax With Assessments: 13422
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 3834
Finished SqFt Below Ground: 600

More Information

Income and Expenses

Annual Gross Income: 39000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 600

Public Survey Info

Range#: 24
Section#: 33
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
Annual Rent: 1650
Finished SqFt: 2100
Full Baths: 2
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2025-06-30
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Finished SqFt: 1500
Full Baths: Yes
Monthly Rent: 1600
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit 3

Furnished?: No
Leased?: Yes
Level: 3rd Level
Unit Number: 3
Finished SqFt: 800
Full Baths: Yes
Monthly Rent: 950
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 3

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 003 BLOCK 003 CHANNELLS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1018
Property ID Number: 3302924130052
Tax Year: 2026
Tax Amount: 12604
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: *Seller financing is available with acceptable terms.* Located in the heart of the vibrant Uptown/Lowry Hill/East Isles neighborhood, this spectacular and spacious multifamily property offers unbeatable access to top restaurants, boutique shopping, and the cherished Minneapolis lakes. Featuring 7 bedrooms and 3 bathrooms spread across four unique levels of living space, this home offers incredible flexibility—perfect as an owner-occupied residence or a long-term rental investment. The property has a strong rental history and is easy to lease, thanks to its prime location and welcoming atmosphere that keeps tenants long-term. Classic architectural charm shines throughout with rich woodwork, built-ins, hardwood floors, and warm finishes. Enjoy sunny front porches, a second-floor deck overlooking a shared, fenced backyard, and a third-floor balcony—ideal for relaxing or entertaining. Additional perks include 4 garage stalls, adding both convenience and value. This is a rare opportunity to own a well-maintained, character-filled property in one of the city’s most desirable neighborhoods.
Directions: JUST WEST OF HENNEPIN ON FREMONT

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes
Deck: Yes
Patio: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes
Fuses: Yes

Exterior

Stucco: Yes

Fencing

Full: Yes
Privacy: Yes
Wood: Yes

Foundation

Combination: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes
Radiator: Yes

Laundry

Common Area: Yes
In Basement: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Other: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Other: Yes

Topography

Level: Yes
Solar Oriented: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

All Utilities: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Refrigerator: Yes

Unit 1 Bath Description

1/2 Basement: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Appliances

Double Oven: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes
Upper Level 3/4 Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 3 Appliances

Refrigerator: Yes

Unit 3 Bath Description

Main Floor Full Bath: Yes

Unit 3 Dining Room Description

Informal Dining Room: Yes

Listing Office: Anderson Realty

Last Updated: July - 17 - 2026

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