Fourplex With Off-Street
For Sale
$475,000
4333 Fremont Avenue N, Minneapolis, MN 55412
MULTI_FAMILY - Minneapolis, MN
Property Size2,912 SF
Lot Size0.15 Acres
Price / SF$163.12
Days on Market9
Property Features for 4333 Fremont Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning description
Residential-Multi-Family
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 4, Bedroom 4, Basement, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Parking features
Driveway
Exterior features
Stucco
Subdivision
Peteler & Goodrichs Add
Lot features
Tree Coverage - Medium
High school district
Minneapolis
Directions
94 to Dowling. West to Fremont. North to property
Standard status
Active
APN
0402924120077
Size
2,912 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7056
Utilities
Heating system
Hot Water(Heating)
Amenities
off-street parking
Building Details
Year built
1931
Building materials
Block
Roof type
Flat
Listing Agency:
Keller Williams Integrity NW · Keller Williams Realty
(763) 441-2248
Listed By:
Steven Degreeff
(612) 247-7588
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 31 at 5:06PM
MLS# 7114951
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing fourplex offers two 2-bedroom units and two 1-bedroom units. All four units are currently occupied. Inside, the property retains classic character with hardwood floors and natural woodwork throughout.
The exterior includes off-street parking for five cars. The asset is located near Webber Park in Minneapolis, MN.
With a total building size of 2,912 square feet on a 0.15-acre lot, this fourplex presents a straightforward residential income configuration in a convenient area.
The exterior includes off-street parking for five cars. The asset is located near Webber Park in Minneapolis, MN.
With a total building size of 2,912 square feet on a 0.15-acre lot, this fourplex presents a straightforward residential income configuration in a convenient area.
Key Highlights
- Income‑producing 4plex near Webber Park with two 2‑bedroom units and two 1‑bedroom units
- All four units are currently occupied
- Classic interior features include hardwood floors and natural woodwork
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.6k | $22.20 |
| − Vacancy | −$3.9k | −$1.33 |
| EGI | $60.8k | $20.87 |
| − OpEx | −$18.2k | −$6.26 |
| NOI | $42.5k | $14.61 |
2,912 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$607.8K
$531.8K – $709.1K
NOI $42,546 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$558.3K
$488.5K – $651.3K
NOI $39,078 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$694.7K
$607.9K – $810.5K
NOI $48,632 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 55412, MN
23,800
Population
9,676
Households
2.5
Avg Household Size
33
Median Age
28%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,000
Density / Sq Mi
$71,905
Median Household Income
$42,494
Median Earnings
$1,340
Median Rent
$226,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing 4plex with two 2-bedroom and two 1-bedroom units, all currently occupied, plus off-street parking for five cars.
Where is this quadplex located?
The property is located at 4333 Fremont Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Income‑producing 4plex near Webber Park with two 2‑bedroom units and two 1‑bedroom units; All four units are currently occupied; Classic interior features include hardwood floors and natural woodwork
