3407 Fremont Ave S Minneapolis, MN 55408
South Uptown NeighborhoodEstimated payment $4,356/month
Highlights
- Sauna
- Patio
- Property is Fully Fenced
About This Home
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 will be vacant on August 25th, 2025 - ideal for immediate occupancy or new tenant placement. Recent improvements include a brand-new roof (August 2023), two new on-demand boilers, separate electrical and gas service, 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 $5,225/month with clear potential to boost returns through garage rental and basement development. 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,498
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 42x128
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
Parking
- 3 Car Garage
Home Design
- Duplex
- Architectural Shingle Roof
Interior Spaces
- 2,678 Sq Ft Home
- 2-Story Property
- Sauna
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Patio
Utilities
- Boiler Heating System
- 150 Amp Service
Community Details
- 2 Units
- Remingtons 2Nd Add Subdivision
Listing and Financial Details
- The owner pays for insurance, grounds care, repairs, snow removal, taxes
- Assessor Parcel Number 0402824420085
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 | $8,734 | $638,000 | $207,000 | $431,000 |
| 2022 | $8,578 | $620,000 | $162,000 | $458,000 |
| 2021 | $7,816 | $597,000 | $165,000 | $432,000 |
| 2020 | $8,467 | $569,000 | $129,000 | $440,000 |
| 2019 | $7,610 | $569,000 | $90,900 | $478,100 |
| 2018 | $6,873 | $508,000 | $90,900 | $417,100 |
| 2017 | $7,459 | $398,000 | $82,600 | $315,400 |
| 2016 | $7,107 | $367,500 | $82,600 | $284,900 |
| 2015 | $6,076 | $367,500 | $82,600 | $284,900 |
| 2014 | -- | $339,000 | $76,100 | $262,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $675,000 | +10.7% | $252 / Sq Ft |
| 02/21/2024 02/21/24 | Sold | $610,000 | 0.0% | $226 / Sq Ft |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- |
| 01/05/2024 01/05/24 | For Sale | $609,900 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $610,000 | -- | |
| Warranty Deed | $147,058 | Stewart Title Company | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $540,000 | Titlesmart Title Inc | |
| Warranty Deed | $512,500 | -- | |
| Warranty Deed | $135,000 | -- | |
| Warranty Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $539,818 | New Conventional | |
| Previous Owner | $550,800 | Balloon | |
| Previous Owner | $540,000 | VA | |
| Closed | -- | No Value Available |
Source: NorthstarMLS
MLS Number: 6765329
APN: 04-028-24-42-0085
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