For Sale: Minneapolis MLS# 7125060
Active
$2
Multi-family: Duplex Up and Down
2 br • 1 ba • Built 1905
2,052 sqft • 0.13 acres
Minneapolis schools
MLS# 7125060
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Property Description
3010 Fremont Ave. N., Minneapolis, MN
RESERVE ONLINE REAL ESTATE AUCTION
Auction Ends: Tuesday, September 1, 2026, at 6:00 PM
Income-producing duplex offering an opportunity for investors or owner-occupants. Built in 1905, this two-unit residential property sits on an approximately 45' x 127' lot and is classified as a non-homestead residential two-unit property.
The upper-level unit features 2 bedrooms and is currently tenant occupied, generating $900 per month in rental income. The main-floor unit offers 1 bedroom and is currently vacant, allowing the new owner the flexibility to occupy the unit or place a new tenant.
Property Features:
• Duplex with two residential units
• Upper-level unit: 2 bedrooms, tenant occupied, $900/month rent
• Main-floor unit: 1 bedroom, currently vacant
• Stucco exterior
• Furnace replaced approximately 9 months ago
• Six newer vinyl windows
• PEX plumbing
• Newer detached garage with concrete apron
• Approximately 45' x 127' lot
• 2026 property taxes: $4, 665.66
• Reserve auction
Truth-in-Housing:
A Truth-in-Housing inspection has been completed, and the report identifies repair items that will be the responsibility of the buyer after closing. Prospective bidders are encouraged to carefully review the Truth-in-Housing report before bidding.
The property is being offered at auction with reserve. Buyers should conduct their own due diligence regarding the property, rental information, condition, required repairs, taxes, and any other matters affecting the purchase.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55411
Neighborhood/Area:
36
Subdivision Name:
Silver Lake Add
Interior
Bedrooms:
2
Bathrooms:
1
Finished Area:
2,052 ft2
Living Area:
2,052 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
444 ft2
Foundation Size:
1,000 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
45.011729, -93.295227
Lot Dimensions:
45 x 127
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,000
Annual Fuel Expense:
$1,200
Annual Insurance Expense:
$450
Annual Maintenance Expense:
None
Annual Trash Expense:
$100
Annual Water/Sewer Expense:
$1,100
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,666
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,666
Income
Annual Gross Income:
$21,600
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Oak Realty LLP.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.