Minneapolis, MN 55408

$2,360,000

Property Type: Commercial Lot Size (sq. ft.): 16,553 Status: Closed

Current Price: $2,360,000 List Date: 3/04/2025 Last Modified: 8/08/2025

Overview

Description

The subject is a 26-unit garden-style, apartment property located at 3240 Fremont Avenue South in Minneapolis that was built in 1924. The property is situated on a 0.376-acre site. Unique property characteristics are the property is located approximately two blocks east of Hennepin Avenue. Unit mix – 26 units 20 1-bedroom units

Listing Details MLS# 6609455

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Year Built: 1924
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 7087
For Sale or Lease: For Sale
Acres: 0.38
Lot Dimensions: 127x128
Assessment Pending: Unknown

Property Features

Accessible: None Air Conditioning: Window Unit(s) Amenities Shared: Coin-op Laundry Leased CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Financing Terms: Conventional Foundation: Other Fuel: Natural Gas Heating: Boiler Lock Box Type: None On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Rental License Type: Standard Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-03
Closed Date: 2025-06-03
Sales Close Price: 2360000
Contingency: None
ListPrice: 2800000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Remingtons 2nd Add

Assessments

Tax With Assessments: 58203

Building Information

Building Finished SqFt: 28350

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 04
Township#: 28

Sale Options

Sale Includes: Building, Land, Leases, Other

Unit Details

Total Units: 26

Listing Office: Coldwell Banker Realty

Last Updated: August - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

, Minneapolis, MN 55408 (MLS# 6609455)