Four-Unit Apartment
New
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 Market4
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:
United Country Real Estate Minnesota Properties
Listed By:
The Antonov Group · License #2013009293
(612) 445-4981
Source:
Theantonovgroup
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 14 at 8:03AM
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 United Country Real Estate Minnesota Properties
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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Current Use
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
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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
