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    Fairmont, MN
    Apartment Building

    Fairmont, MN Apartment Buildings for Sale

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    Sherburn, MN Swea City, IA Winnebago, MN Blue Earth, MN Ormsby, MN Lakota, IA Estherville, IA Amboy, MN
    Mixed-Use Downtown Building
    Updated: May 20
    Mixed-Use Downtown Building

    40 Downtown Plaza, Fairmont, MN 56031

    Contact for pricing
    7,200 sqft
    Two‑story concrete and brick mixed‑use building (1946) in Downtown Fairmont, MN
    Approx. 7,200 SF per level for a total approximate building size of 14,400 SF
    Main level includes a new nail salon plus high‑end TI and equipment
    Main level also features a 5,677 SF warehouse/flex space with one drive‑in overhead door
    Second floor has ten apartments and a common laundry area
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    City Side Estates Apartments
    Updated: May 20
    City Side Estates Apartments

    600 Burton Lane, Fairmont, MN 56031

    Contact for pricing
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Townhome-Style Apartment Buildings
    Townhome-Style Apartment Buildings

    3300 Sunner Ave Bldg A & B, Spirit Lake, IA 51360

    $1,295,000
    14,784 sqft

    Twelve-unit multifamily property with attached garages, in-unit laundry, and walk-out patios.

    View details
    Three-Story Mixed-Use Property
    Three-Story Mixed-Use Property

    1633 Monks Ave, Mankato, MN 56001

    Contact for pricing
    46,446 sqft

    Combines service-based retail with student housing and full apartment kitchens.

    View details
    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    1501 Hill Ave, Spirit Lake, IA 51360

    $900,000

    Multi-unit property offers detached garage parking, basement storage, and shared laundry facilities.

    View details
    Mixed-Use Multifamily Building
    Mixed-Use Multifamily Building

    340 Stadium Rd, Mankato, MN 56001

    Contact for pricing
    29,484 sqft

    Newer mixed-use multifamily building with on-site parking and good signage, near MSU campus amenities.

    View details

    Fairmont, MN Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Fairmont, MN on our real estate platform. These investment opportunities span a total of 44,040 square feet of properties for sale.

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    Demographics Overview

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

    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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