
2217 Fremont Ave N Minneapolis, MN 55411
Jordan NeighborhoodEstimated payment $1,336/month
About This Home
Exceptional duplex opportunity in a fast-developing pocket of North Minneapolis, just minutes fromdowntown, parks, and major transit. This duplex offers immediate equity potential with a spacious 3 bed 2bath upper unit and a 2 bed 1 bath lower unit—ideal for house hacking or generating steady passiveincome. Key capital improvements already completed include new electrical rough-in, updated plumbing,brand-new HVAC systems, and two high-efficiency furnaces installed in 2025. The home also features a new roof and low-maintenance vinyl siding installed in 2024. Partial drywall work is complete, and an activebuilding permit makes it easy to take over and finish out. This income-producing asset sits in a high-demand rental corridor with historically low vacancy rates and rising market rents. Full Rentometerreport available upon request. With strong fundamentals and upgraded mechanicals, this is a smart buy for anyone seeking long-term appreciation, stable cash flow, and a low-maintenance duplex with untapped upside. Finish the project, lease it up, and enjoy immediate returns.
Open House Schedule
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Sunday, May 18, 202512:00 to 1:00 pm5/18/2025 12:00:00 PM +00:005/18/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,718
Year Built
- Built in 1900
Parking
- 1 Car Garage
- Insulated Garage
Home Design
- Duplex
- Architectural Shingle Roof
Interior Spaces
- 2,183 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Lot Dimensions are 50x157
- Forced Air Heating System
Community Details
- 2 Units
- Highland Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1602924130108
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $10,786 | $135,000 | $15,000 | $120,000 |
2022 | $10,193 | $117,000 | $14,000 | $103,000 |
2021 | $13,173 | $99,000 | $11,000 | $88,000 |
2020 | $1,012 | $99,000 | $13,200 | $85,800 |
2019 | $1,567 | $95,000 | $8,800 | $86,200 |
2018 | $1,273 | $82,500 | $8,800 | $73,700 |
2017 | $909 | $60,500 | $8,000 | $52,500 |
2016 | $1,576 | $55,000 | $8,000 | $47,000 |
2015 | $1,575 | $98,000 | $8,000 | $90,000 |
2014 | -- | $89,000 | $9,300 | $79,700 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/15/2025 05/15/25 | For Sale | $200,000 | -- | $92 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $339,900 | -- | |
Warranty Deed | $75,000 | Network Title Inc | |
Warranty Deed | $43,000 | Network Title Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $333,743 | New Conventional | |
Previous Owner | $175,000 | Commercial | |
Previous Owner | $6,900 | New Conventional |
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Source: NorthstarMLS
MLS Number: 6721633

APN: 16-029-24-13-0108
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