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3311 Fremont Ave N, Minneapolis, MN, 55412
Updated 5-Unit Apartment Building

3311 Fremont Ave N Minneapolis, MN 55412

For Sale
$500,000

Turnkey 5+ unit building with updated 1-bedroom units, basement studio flexibility, and tenant surface parking in back.

Days on Market324

Property Features for 3311 Fremont Ave N

General Information

Standard status
Active
Listing Agency: Edina Realty, Inc.
Listed By: Robert Wuornos
Source: Exprealty
Added: Sep 4, 2025 Changed: Jul 22 Last Checked: Jul 23 at 9:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.


Investment Insights

Based on property information with market context.

This turnkey 5+ unit apartment building features all 1-bedroom units updated with modern kitchens, bathrooms, and flooring. A flexible basement studio adds additional optionality; it was previously part of a 2BR/2BA unit, and could become a 6th legal unit with city approval. Recent capital improvements include a new water heater and a newer boiler, helping support day-to-day reliability.

Tenant convenience is supported by surface parking located in the back of the property.

With an existing unit mix anchored by updated 1-bedroom apartments and the potential to expand legal unit count subject to city approval, the building is presented as a straightforward income property with recent mechanical upgrades and on-site parking.

Key Highlights

  • Turnkey 5+ unit apartment building with all units as 1‑bedroom apartments
  • Updated 1‑bedroom units with modern kitchens, bathrooms, and flooring
  • Basement flexible studio previously part of a 2BR/2BA unit; could become a 6th legal unit with city approval

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Accounting Firm Pharmacy Building Supply Auto Parts Store Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey 5+ unit building with updated 1-bedroom units, basement studio flexibility, and tenant surface parking in back.
Where is this apartment building located?
The property is located at 3311 Fremont Ave N Minneapolis, MN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Turnkey 5+ unit apartment building with all units as 1‑bedroom apartments; Updated 1‑bedroom units with modern kitchens, bathrooms, and flooring; Basement flexible studio previously part of a 2BR/2BA unit; could become a 6th legal unit with city approval
More about this property
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