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2408 Fremont Ave S, Minneapolis, MN, 55405

8beds
4baths
5,426sqft
$725,000
$134price/sqft
$5,866/moest. monthly cost
$234,640/yrincome needed

About This Home

Located in the heart of the vibrant Uptown/Lowry Hill/East Isles neighborhood, this spectacular and spacious multifamily property offers unbeatable access to top restaurants, boutique shopping, and the cherished Minneapolis lakes. Featuring 7 bedrooms and 3 bathrooms spread across four unique levels of living space, this home offers incredible flexibility—perfect as an owner-occupied residence or a long-term rental investment. The property has a strong rental history and is easy to lease, thanks to its prime location and welcoming atmosphere that keeps tenants long-term. Classic architectural charm shines throughout with rich woodwork, built-ins, hardwood floors, and warm finishes. Enjoy sunny front porches, a second-floor deck overlooking a shared, fenced backyard, and a third-floor balcony—ideal for relaxing or entertaining. Additional perks include 4 garage stalls, adding both convenience and value. This is a rare opportunity to own a well-maintained, character-filled property in one of the city’s most desirable neighborhoods.

Getting Around

92
WalkingWalker's Paradise
58
TransitGood Transit
90
BikeBiker's Paradise

Schools

6/10
3/10
North Academy Senior HighGrades 9-122.5 mi

Construction

Condition

  • Year built: 1901

Materials

  • Roof: Age Over 8 Years,Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Finished area below ground: 600
  • Finished area above ground: 3,834

Heating

  • Heating features: Baseboard,Radiator

Interior Area

  • Total structure area: 5,426
  • Total interior livable area: 5,426 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3302924130052
  • Foundation area: 1592

Features

  • Levels: More Than 2 Stories
  • Patio & porch: Deck,Patio
  • Fencing: Full,Privacy,Wood
  • Topography of land: Level,Solar Oriented

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 45 x 89&8 x 40

Parking

  • Total spaces: 4
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$512$6,144
Property Taxes $1,232$14,784
Electricity $457$5,491
Total$5,866$70,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$201,120/yr
40% on housing$175,980/yr
45% on housing$156,426/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 55405$192
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55405$240
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$735,000
2025-05-16Listing removed$737,000
2025-05-08Listed for sale$737,000
2021-02-23Listing removed--
2020-11-16Listing removed$1,400
2020-11-08Price change$1,400
2020-11-04Listed for rent$1,600
2002-08-05Sold$467,900

For Sale by Agent

AgentMichael D. Smith
BrokerageAnderson Realty

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