2757 Fremont Avenue S, Minneapolis, MN 55408
Local realty services provided by:ERA Gillespie Real Estate
2757 Fremont Avenue S,Minneapolis, MN 55408
$599,900
- 5 Beds
- 4 Baths
- 2,872 sq. ft.
- Multi-family
- Active
Listed by: maria ousky palmer
Office: edina realty, inc.
MLS#:7060719
Source:NSMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$146
About this home
Cash-flowing investment opportunity you've been waiting for. This rare, fully legal triplex in the heart of Uptown delivers a true 10.3% cap rate with a proven, diversified income stream. Located just blocks from the lakes in one of Minneapolis’ most walkable neighborhoods, this is a turnkey asset that performs from day one. Includes (2) 1 bedroom, 1 bath units and (1) spacious 3 bedroom, 2 bath unit, all generating strong, consistent rents. One of the two 1 bedroom unit operates as a highly successful Airbnb, averaging $2,800 per month, with a 13 year track record and “Guest Favorite” status. (see supplements for more info) The transition is seamless with furnishings, professional photos, a dedicated cleaning company, and established systems all included so you can continue generating income immediately.
The remaining units are leased at $1,450 and $2,100, providing reliable long term income with room for future upside. Unit 1 (1 bedroom) is Airbnb. Unit 2 (3 bedroom) is Leased through September and Unit 3 (1 bedroom) is currently month to month. offering flexibility for an owner occupant or an investor looking to optimize returns. Extensive updates make this a true plug and play investment. Improvements include new kitchens, updated bathrooms, fresh paint throughout, a brand new roof, and a new boiler system. Most mechanicals and utilities have been updated within the past five years, helping minimize near term expenses and simplify ownership. Each unit has its own private entrance, increasing tenant appeal and flexibility. On street parking is easy and readily available, with potential to explore adding an off street space on the southeast corner of the lot with city approval. Tenant storage and laundry in the shared basement. Fully licensed and legally zoned as a triplex, which is increasingly rare in this area, this property offers both stability and long term investment confidence. Whether you are expanding your portfolio or looking for a high performing asset in a prime location, this is a standout opportunity in one of Minneapolis’ most desirable rental markets....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:7060719
- Added:47 day(s) ago
- Updated:June 14, 2026 at 12:14 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Basement:Yes
- Basement Description:Partial, Shared Access, Storage Space, Unfinished
- Living area:2,872 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Roof:Age 8 Years or Less
- Year built:1900
- Building area:2,872 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Corner Lot, Public Transit (w/in 6 blks), Tree Coverage - Light
- Exterior Features:Common Garden
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$146
- Tax amount:$9,487 (2026)
Parking
- Parking description:On-Street Parking Only
New listings near 2757 Fremont Avenue S
- New
$425,000Active4 beds 3 baths1,740 sq. ft.5544 32nd Avenue S, Minneapolis, MN 55417
MLS# 7092485Listed by: ENTERRA REALTY - Coming SoonOpen Tue, 11am to 12pm
$169,700Coming Soon2 beds 1 baths3411 Queen Avenue N, Minneapolis, MN 55412
MLS# 7080568Listed by: COLDWELL BANKER REALTY - LAKES - Coming Soon
$490,000Coming Soon4 beds 2 baths129 Arthur Avenue Se, Minneapolis, MN 55414
MLS# 7091972Listed by: ROSEVILLE REALTY - Open Sun, 12 to 2pmNew
$729,900Active3 beds 2 baths1,949 sq. ft.730 N 4th Street #402, Minneapolis, MN 55401
MLS# 7071793Listed by: KELLER WILLIAMS REALTY INTEGRITY LAKES - Coming Soon
$469,900Coming Soon4 beds 2 baths1900 Buchanan Street Ne, Minneapolis, MN 55418
MLS# 7072454Listed by: RE/MAX RESULTS - Coming Soon
$399,900Coming Soon3 beds 2 baths3519 Lyndale Avenue N, Minneapolis, MN 55412
MLS# 7092432Listed by: RE/MAX RESULTS - New
$1,175,000Active11 beds 5 baths5,225 sq. ft.2535 Aldrich Avenue S, Minneapolis, MN 55405
MLS# 7055953Listed by: KELLER WILLIAMS REALTY INTEGRITY LAKES - New
$244,900Active6 beds 2 baths2,346 sq. ft.3237 Sheridan Avenue N, Minneapolis, MN 55412
MLS# 7092370Listed by: FUZE REAL ESTATE - Coming Soon
$749,900Coming Soon4 beds 3 baths5604 Bloomington Avenue, Minneapolis, MN 55417
MLS# 7092411Listed by: COLDWELL BANKER REALTY - SOUTHWEST REGIONAL - Coming Soon
$224,900Coming Soon3 beds 2 baths4431 James Avenue N, Minneapolis, MN 55412
MLS# 7092390Listed by: DOT-REALTY LLC