Triplex with Updated
For Sale
$174,900
407 E 6th Street, Fairmont, MN 56031
Residential Income, Fairmont, MN
Property Size1,680 SF
Lot Size0.09 Acres
Price / SF$104.11
Days on Market8
Property Features for 407 E 6th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
Residential-Single Family
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement, Bathroom 3
Accessibility
Accessible Approach with Ramp
Subdivision
Gambles Ext
High school district
Fairmont Area Schools
Directions
When heading North on North Prairie Ave, before crossing the railroad tracks turn Right onto E 6th St. Property will be on the left side of the road.
Standard status
Active
APN
231190010
Size
1,680 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2097
Utilities
Heating system
Forced Air
Building Details
Year built
1940
Building materials
Frame
Roof type
Flat
Listing Agency:
True Real Estate
(507) 345-8783
Listed By:
Alexander Phippen · License #40666915
(507) 525-6022
Added: Sep 28
Changed: Sep 30
Last Checked: Oct 5 at 10:06PM
MLS# 7151086
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-story triplex contains three similarly sized units, with a total building area of 1,680 square feet on a 0.089-acre parcel. The frame building was constructed in 1940 and has forced-air heating and a flat roof. Two units have been recently rehabilitated, and the property includes sub-metered utilities. An accessible approach with a ramp is also provided.
Located at 407 E 6th Street in Fairmont, Minnesota, the property is in Martin County.
Located at 407 E 6th Street in Fairmont, Minnesota, the property is in Martin County.
Key Highlights
- Three rental units in a single‑story building
- 1,680 square feet on a 0.089‑acre parcel
- Two units recently rehabilitated
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
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 - Three similarly sized rentals have sub-metered utilities for separate tracking of usage and expenses.
Where is this triplex located?
The property is located at 407 E 6th Street 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 rental units in a single‑story building; 1,680 square feet on a 0.089‑acre parcel; Two units recently rehabilitated
