Apartment Building

Fairmont, MN Apartment Buildings for Sale

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City Side Estates Apartments
Updated: May 20
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

$2,800,000
36,840 sqft
36 apartments and 19 garages offer significant rental income potential
Prime location in the Southeast Corner of Fairmont, close to essential amenities
Proximity to Fairmont Junior/Senior High School and Mayo Health Systems
Desirable unit mix: 34 two‑bedroom and 2 one‑bedroom apartments
Durable exterior featuring Chicago brick and vinyl siding
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

10-Unit Apartment Building with Garages
10-Unit Apartment Building with Garages

1010-1020 Williams DR., Fort Dodge, IA 50501

$625,000
12,438 sqft 0.06 AC lot

10 units each with separate utilities and appliances, plus 10 garage stalls, in a compact residential setting.

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Mankato Multifamily Investment Property
Mankato Multifamily Investment Property

221 E Walnut Street, Mankato, MN 56001

$599,000
0.68 AC lot

Fully leased six-unit building in downtown Mankato.

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Multifamily Apartment Community
Multifamily Apartment Community

160 Homestead Road, Mankato, MN 56001

Contact for pricing
81,900 sqft

72-unit multifamily property with strong occupancy and convenient access via major highways near Minnesota State University, Mankato.

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Fort Dodge Multifamily Investment
Fort Dodge Multifamily Investment

Regency West Ct 23rd Place N and N 15th Place, Fort Dodge, IA 50501

$7,200,000
48,000 sqft 8.40 AC lot

48-unit multifamily property in Fort Dodge, Iowa for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Fairmont, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Fairmont, MN on our real estate platform. These investment opportunities span a total of 36,840 square feet of properties for sale, with an estimated market value of $2,800,000.

Sale prices for two-family homes in Fairmont, MN start at $2,800,000, averaging $2,800,000, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) -0.4%
Median Household Income $61,475
College Educated 35.0%

High-Yield Neighborhoods for Investment

Identify Fairmont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56031 $2.8M

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $49.48 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Fairmont fall within the 50,000 to 100,000 square foot range.

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