3240 Fremont Avenue S, Minneapolis, MN 55408

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
Garage Stalls: 0

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

House Number: 3240
Street Name: Fremont
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Remingtons 2nd Add

Assessments

Tax With Assessments: 58203
Assessment Balance: 0

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

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BLOCK 026 REMINGTONS 2ND ADDN TO MPLS LOTS 3 4 AND 5
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1878
Property ID Number: 0402824130072
Tax Year: 2024
Tax Amount: 58203
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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
Directions: West from Lyndale Ave S, North on Fremont to building.

Accessible

None: Yes

Air Conditioning

Window Unit(s): Yes

Amenities Shared

Coin-op Laundry Leased: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Lock Box Type

None: Yes

Parking Characteristics

Parking Lot: Yes

Rental License Type

Standard: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes