3407 Fremont Avenue S, Minneapolis, MN 55408
Status: Sold
$620,000
WELCOME HOME
Get to know this property.
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.
The details that matter.
A closer look at the location.
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.
This listing has been entered by the following office: Doro Real Estate
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