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$689,000   Price Analysis
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3133 Fremont Ave S
Minneapolis, MN 55408
8 bed 4 bath 4,096 SqFt ($168/SqFt)
6,098SqFt lot. Built 1915
Listed 2023-07-03, Taxes $12,937
Ⓧ USDA Ineligible
due to location

near Minneapolis

Welcome to this wonderfully located

Uptown Minneapolis true 4-plex. This building is located in an nice residential area near the Chain of Lakes, bike trails, excellent local and express transit, a block from tremendous restaurants and Seven Points Shopping. All units are 2 bedroom, 1 bath plus a sunroom for extra versatility. Classic features of hardwood floors, original natural oak buffts add charm.

The building is wired for high speed fiber optic internet for work at home. Current tenants love the building. Please note the supplement summary of extensive work performed by these long-term owners. Many mechanical improvements have been made in recent years. Heat is newer single boiler, electricity is 4 tenant-paid 60 amp services plus house panel. Easy to show with at least 24 but prefer 48 hours notic e.


Presented by LOWRY COTTY at
Keller Williams Realty Integrity Lakes.
Listing Agent Photo

Property MLS #6389029 from NorthstarMLS

Bedrooms: 8

Total Rooms: 24
Basement Features: Full, Shared Access, Storage Space, Unfinished

Full Bathrooms: 4

Fuel Expense: 3518.00
Heating Features: Boiler, Hot Water
Heating Fuel: Natural Gas

Stucco
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks

Land Lease Amount Frequency: No
Lot Size Acres: 0.14
Lot Size Dimensions: 46x128
Lot Size Square Feet: 6098

Garage Spaces: 2

Association: No
Association Amenities: Coin-op Laundry Owned
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 2000.00

Gross Income: 66420.00
Tenant Pays: Broadband, Cable T.V., Electric

Number of Units: 4

School District: 1 - Minneapolis

Kenwood Elementary School is a public elementary school located approximately 1.3 miles away.
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Anwatin Middle Com & Spanish D I is a public middle school located approximately 2.2 miles away.
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North Academy Senior High is a public high school located approximately 3.4 miles away.
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Lake Country School is a private elementary and middle school located approximately 1 miles away.
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Annual Tax Amount: 12684.00
Source Listing Status: Active
County: Hennepin
Directions: Hennepin to 32nd, E to Fremont, N to property
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 4435.00
Source Neighborhood: South Uptown
Owner Pays: Maintenance/Repair, Snow, Taxes, Water/Sewer
Parcel Number: 0402824120160
Subdivision: Remingtons 2nd Add
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$451,800 + $304,200
$756,000
$12,937
2021$553,200 + $202,800
$756,000
$12,715
2020$497,200 + $202,800
$700,000
$12,484
2019$565,100 + $101,400
$666,500
$12,102
2018$504,600 + $101,400
$606,000
$11,114
2017$468,800 + $92,200
$561,000
$10,512
2016$417,800 + $92,200
$510,000
$9,848
2015$428,300 + $101,200
$529,500
$10,717
2014$372,100 + $88,400
$460,500
$10,023
2013$370,500 + $68,000
$438,500
$9,597
2012$419,000 + $68,000
$487,000
$10,366
2011$419,000 + $68,000
$487,000
$9,889
2010$472,000 + $68,000
$540,000
$9,583
2009$396,900 + $85,600
$482,500
$8,688
2008$396,900 + $85,600
$482,500
$7,852
2007$373,900 + $85,600
$459,500
$7,674

Relisted 2024-04-26
$689,000
NorthstarMLS
Listing removed 2024-04-04
$0
NorthstarMLS
Price Changed 2024-04-03
$689,000
NorthstarMLS
Price Changed 2023-08-23
$725,000
NorthstarMLS
Listed 2023-07-03
$759,000
NorthstarMLS
Listing removed 2022-06-10
$0
Rently
Listed for rent 2022-05-02
$1,300
Rently
Sold 2006-02-01
$548,000
Public Record
Sold 2003-07-08
$505,000
Public Record
Sold 2002-08-14
$375,000
Public Record
Sold 1996-08-12
$135,000
Public Record

Net Operating Income: 38800.00
Operating Expense: 27700.00

Total Square Feet Living: 4096
Above Grade Finished Area: 4096
Foundation Area: 2048.00
Property Age: 109
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 4096.00
Total Area Main: 2148.00
Total Below Grade Area: 2048.00

Sewer: City Sewer/Connected
Water Sewer Expense: 3793.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.