3407 Fremont Avenue S, Minneapolis, MN 55408

New Listing
$650,000
Property Type: Multi-Family Bedrooms: 4 Baths: 3 Square Footage: 3,750 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $650,000 List Date: 7/25/2026 Last Modified: 7/25/2026

Overview

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 ...

Listing Details MLS# 7108171

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1301
Above Ground SqFt
2678
Below Grd Total SqFt
1072
Total SqFt
3750
Foundation Size
1040
Lot Size SqFt
5227
Style
(MF) Duplex Up and Down
Total Finished Sqft
2678.00
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
42 x 128
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Patio; Sauna Assumable Loan: Not Assumable Basement: Full; Shared Access; Storage Space; Unfinished Construction Materials: Frame; Stone Construction Status: Previously Owned Electric: 150 Amp Service; Circuit Breakers Existing Financing: Conventional Exterior: Stucco; Wood Fencing: Full; Privacy; Wood Foundation: Stone Fuel: Natural Gas Heating: Boiler; Radiator Internet Options: Cable; DSL; Fiber Optic; Satellite Laundry: Common Area; Gas Dryer Hookup; In Basement; Washer Hookup Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Repairs; Roof Maintenance; Snow Removal; Taxes Parking Characteristics: Covered Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities; Broadband; Cable TV; Electricity; Gas; Parking Fee; Sewer; Trash Collection; Water Topography: Level Unit 1 Amenities: Built-In Bookcases; Countertops-Granite; Historic/Period Millwork; Cable; Ceiling Fan(s); Ethernet Wired; French Doors; Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Sun Room; Tile Floors Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Microwave; Range; Refrigerator; Wall Oven Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 1 Cooling: Ductless Mini-Split Unit 1 Dining Room Description: Breakfast Bar; Eat In Kitchen Unit 1 Special Search: Main Floor Bedroom; Main Floor Primary Unit 2 Amenities: Countertops-Granite; Historic/Period Millwork; Cable; Ethernet Wired; Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Tile Floors Unit 2 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Ductless Mini-Split; Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Special Search: Main Floor Bedroom; Main Floor Primary Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
650000
ListPrice
650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3407
Street Name
Fremont
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Remingtons 2nd Add

Assessments

Tax With Assessments
12778.52
Assessment Balance
0
Assessment Installment
0

Basement

Foundation Dimensions
43'4 x 24
Full
Yes
Shared Access
Yes
Storage Space
Yes
Unfinished
Yes

More Information

Building Information

Finished SqFt Above Ground
2678

Income and Expenses

Annual Gross Expenses
4400
Annual Gross Income
62100
Annual Insurance Expense
4400
Annual Net Income
57700
Misc Monthly Income
400
Misc. Annual Income
4800
Total Annual Expenses
4400
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
33 x 22
Garage Square Feet
726
Covered
Yes

Public Survey Info

Range#
24
Section#
04
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2027-03-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
1/2 Baths
Yes
Annual Rent
29700
Finished SqFt
1301
Full Baths
Yes
Monthly Rent
2475
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
8

Unit 2

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
27600
Finished SqFt
1377
Full Baths
Yes
Monthly Rent
2300
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 013 BLOCK 054 REMINGTONS 2ND ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3808
Property ID Number
0402824420085
Tax Year
2026
Tax Amount
12778.52
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
From I-35W N, take exit 14 on the right toward 36th Street / 35th Street. Turn left to go west on 35th Street. Turn left to go south on Pillsbury Avenue. Turn right to go west on 36th Street. Turn right to go north on Fremont Avenue S, and the property will be on the right.

Accessible

None
Yes

Amenities Shared

Common Laundry Facility
Yes
Patio
Yes
Sauna
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Frame
Yes
Stone
Yes

Construction Status

Previously Owned
Yes

Electric

150 Amp Service
Yes
Circuit Breakers
Yes

Existing Financing

Conventional
Yes

Exterior

Stucco
Yes
Wood
Yes

Fencing

Full
Yes
Privacy
Yes
Wood
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Radiator
Yes

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes
Satellite
Yes

Laundry

Common Area
Yes
Gas Dryer Hookup
Yes
In Basement
Yes
Washer Hookup
Yes

Lock Box Type

Combo
Yes

Lot Description

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

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Grounds Care
Yes
HVAC Maintenance
Yes
Insurance
Yes
Lawn
Yes
Maintenance/Repair
Yes
Repairs
Yes
Roof Maintenance
Yes
Snow Removal
Yes
Taxes
Yes

Patio, Porch and Deck Features

Patio
Yes

Pool Description

None
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 8 Years or Less
Yes
Architectural Shingle
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Topography

Level
Yes

Water

City Water/Connected
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

Tenant Pays

All Utilities
Yes
Broadband
Yes
Cable TV
Yes
Electricity
Yes
Gas
Yes
Parking Fee
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Unit 1 Amenities

Built-In Bookcases
Yes
Countertops-Granite
Yes
Historic/Period Millwork
Yes
Cable
Yes
Ceiling Fan(s)
Yes
Ethernet Wired
Yes
French Doors
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Sun Room
Yes
Tile Floors
Yes

Unit 1 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Wall Oven
Yes

Unit 1 Bath Description

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

Unit 1 Cooling

Ductless Mini-Split
Yes

Unit 1 Dining Room Description

Breakfast Bar
Yes
Eat In Kitchen
Yes

Unit 1 Special Search

Main Floor Bedroom
Yes
Main Floor Primary
Yes

Unit 2 Amenities

Countertops-Granite
Yes
Historic/Period Millwork
Yes
Cable
Yes
Ethernet Wired
Yes
Hardwood Floors
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Tile Floors
Yes

Unit 2 Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Ductless Mini-Split
Yes
Window
Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 2 Special Search

Main Floor Bedroom
Yes
Main Floor Primary
Yes
IDX
Listing Office: Doro Real Estate
Last Updated: July - 25 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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