$500,000

3311 Fremont Avenue N, Minneapolis, MN 55412

  • 6 beds |
  • 6 baths |
  • 4,992 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $100/sqft
  • Property List Date Icon Listed 9 months ago

Property 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!

Listing Status:
Active
Data Last Updated:
June 4, 2026 at 4:16AM
Listing Office:
Edina Realty, Inc. : 952-927-1100
MLS ID:
6783249
  • Appliances: RangeRefrigerator
  • Basement: None
  • Flooring: Luxury Vinyl Tile
  • A/C: Wall Unit(s)
  • Heating: Boiler
  • General: Stucco
  • Pool: None
  • Parking: Open
  • Windows: Aluminum Frames
  • General: Three Or MoreBlock
  • Road/Access: City Street
  • Originating MLS: northstar
  • School District: Minneapolis
  • County: Hennepin
  • Zoning: 0902924130061
  • Fencing: None
  • Current Use: Residential
  • Utilities: Electric SeparateHeating Common
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Edina Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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