3407 Fremont Avenue S
Minneapolis, MN 55408
$620,000 - 70
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.
Listing Courtesy of: Doro Real Estate
651-497-5904
Buyer Represented by: Pemberton RE
| Listing Id: | 7108171 |
|---|---|
| List Price: | $650,000 |
| Close Price: | $620,000 |
| Close Date: | 2026-10-01 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex Up and Down |
| Status: | Closed |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 3 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 2,678 |
| Tax Annual Amount: | $12,779 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 70 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Remingtons 2nd Add |
| Postal Code: | 55408 |
| Year Built: | 1900 |
| Number Of Units Total: | 2 |
| Above Grade Finished Area: | 2,678 |
| Accessibility Features: | None |
| Association Amenities: | Laundry, Patio, Sauna |
| Basement: | Yes |
| Basement: | Daylight/Lookout Windows, Full, Shared Access, Storage Space, Unfinished |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 3750 |
| Construction Materials: | Frame, Stone |
| 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. |
| Electric: | Circuit Breakers, 150 Amp Service |
| Fencing: | Full, Privacy, Wood |
| Foundation Area: | 1,040 |
| Fuel Expense: | 0 |
| Garage Spaces: | 3 |
| Gross Income: | $62,100 |
| Heating: | Boiler, Ductless Mini-Split, Radiator |
| High School District: | Minneapolis |
| Insurance Expense: | $4,400 |
| Laundry Features: | In Basement, Common Area, Gas Dryer Hookup, Washer Hookup |
| Levels: | Two |
| Listing Contract Date: | 2026-07-24 |
| Living Area Units: | Square Feet |
| Lot Features: | Public Transit (w/in 6 blks), Tree Coverage - Light |
| Lot Size Area: | 5227 |
| Lot Size Dimensions: | 42 x 128 |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $57,700 |
| Assessment Pending: | No |
| DPResource: | Yes |
| Foreclosure Status: | No |
| Foundation Dimensions: | 43'4 x 24 |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Garage Dimensions: | 33 x 22 |
| Garage Square Feet: | 726 |
| Income Misc Ann: | $4,800 |
| Income Misc Mon: | $400 |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Power Company: | Xcel Energy |
| Yearly/Seasonal: | Yearly |
| Number of Refrigerators: | One Per Unit |
| Rental License Type: | Standard |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Tax With Assessments: | $12,779 |
| Operating Expense: | $4,400 |
| Owner Pays: | Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Snow Removal, Taxes |
| Parcel Number: | 0402824420085 |
| Parking Features: | Covered, Detached Garage, Concrete |
| Pool Features: | None |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 04 |
| Public Survey Township: | 28 |
| Road Frontage Type: | City Street, Curbs, Paved Streets, Sidewalks, Street Lights |
| Road Responsibility: | Public Maintained Road |
| Roof: | Age 8 Years or Less, Architectural Shingle, Asphalt |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Tenant Pays: | All Utilities, Broadband, Cable TV, Electricity, Gas, Parking Fee, Sewer, Trash Collection, Water |
| Topography: | Level |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Multi-Family |
| Township: | Minneapolis |
| Above Grade Sq Ft Total: | 2678 |
| Below Grade Sq Ft Total: | 1072 |
| Main Level Finished Area: | 1301 |
| Patio Porch Type: | Patio |
| Total Area: | 3,750 |
| Exterior Features: | Stucco, Wood |
| Foundation Details: | Stone |
| Rental License?: | Yes |
| School District Full Name: | 1 - Minneapolis |
| Pending Timestamp: | 2026-09-19 |
| For Sale Or Lease: | For Sale |
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
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Property Last Updated: October 08, 2026 04:59 PM - CT
