Four-Unit Apartment
For Sale
$139,900
224 S Park Street, Fairmont, MN 56031
Two-story layout with basement laundry and separately metered electricity.
Property Size1,988 SF
Price / SF$70.37
Days on Market50
Property Features for 224 S Park Street
General Information
Standard status
Active
Size
1,988 SF
Property subtype
Multi-Family
Building Details
Year Built
1915
Listing Agency:
RE/MAX Advantage Plus
Listed By:
The Antonov Group
(612) 445-4981
Source:
Theantonovgroup
Added: Sep 11
Changed: Oct 28
Last Checked: Oct 28 at 7:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage Plus
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Investment Insights
Based on property information with market context.
Located at 224 S Park Street in Fairmont, Minnesota, this 1915 apartment property contains four one-bedroom residences arranged across two levels. Two apartments occupy the main floor, with two additional units upstairs. A basement laundry area includes coin-operated washer and dryer equipment.
Each apartment has its own electric meter. The owner is responsible for gas service and the city utility bill. The property has a recorded PropertySize of 1988.
Each apartment has its own electric meter. The owner is responsible for gas service and the city utility bill. The property has a recorded PropertySize of 1988.
Key Highlights
- Four one‑bedroom apartments across two floors
- Two main‑floor units and two second‑floor units
- Basement includes coin‑operated washer and dryer
Property Analytics
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Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
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Business Placement
Demographics for 56031, MN
12,117
Population
5,771
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
95%
High-School Grad
156.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,373
Median Household Income
$43,168
Median Earnings
$719
Median Rent
$175,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story layout with basement laundry and separately metered electricity.
Where is this quadplex located?
The property is located at 224 S Park Street Fairmont, MN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Four one‑bedroom apartments across two floors; Two main‑floor units and two second‑floor units; Basement includes coin‑operated washer and dryer
