Three-Unit
New
For Sale
$174,900
407 E 6th St, Fairmont, MN 56031
Submetered utilities support unit-level usage tracking across the three-apartment property.
Property Size1,680 SF
Price / SF$104.11
Days on Market5
Property Features for 407 E 6th St
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1940
Stories
1
Listing Agency:
True Real Estate
Listed By:
Alexander Phippen · License #40666915
(507) 525-6022
Source:
Bradadamrealty
Added: Oct 1
Last Checked: Oct 4 at 2:54PM
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 True Real Estate
Investment Insights
Based on property information with market context.
This single-story triplex at 407 E 6th St in Fairmont contains three similarly sized apartments within 1,680 square feet. Built in 1940, the property has submetered utilities, and two units have received recent rehabilitation. The configuration combines three rental units with utility metering by unit.
Key Highlights
- Three similarly sized units in a 1,680‑square‑foot building
- Submetered utilities
- Recent rehabilitation completed in two units
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
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?
Triplex - Submetered utilities support unit-level usage tracking across the three-apartment property.
Where is this triplex located?
The property is located at 407 E 6th St Fairmont, MN.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Three similarly sized units in a 1,680‑square‑foot building; Submetered utilities; Recent rehabilitation completed in two units
