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Jason Lange

jason.lange@results.net +1(612) 247-7593

$ 500,000

Est. payment -/mo

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Active

3311 Fremont AVE N Minneapolis, MN 55412

6 Beds

6 Baths

6,350 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6783249

Bedrooms 6

Year Built 1961

Annual Tax Amount $8,043

Tax Year 2025

Contingent None

Lot Size 6350.000 Acres

Lot Dimensions 50x127

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!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Boiler

Cooling Wall Unit(s)

Flooring Luxury Vinyl Tile

Inclusions Building, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Open

Fence None

Pool None

Utilities Available Electric Separate, Heating Common

Present Use Residential

Building

Story Three Or More

Foundation 1600

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

New Construction false

Schools

School District Minneapolis

Listed by Robert Wuornos • Edina Realty, Inc.

NEARBY SCHOOL & BUSINESS

Jason Lange

Agent | License ID: 20457477

+1(612) 247-7593

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Jason Lange

3311 Fremont AVE N Minneapolis, MN 55412

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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3311 Fremont AVE N