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Three-Unit Single-Story Triplex
For Sale
$169,900

407 E 6th Street, Fairmont, MN 56031

Sub-metered utilities provide separate tracking for the rental units.

Property Size1,680 SF
Price / SF$101.13
Days on Market35

Property Features for 407 E 6th Street

General Information

Standard status Active
Size 1,680 SF
Property subtype Triplex

Units

Multifamily Units 3
Individually Metered Utilities unspecified utilities

Building Details

Year Built 1940
Stories 1
Listing Agency: True Real Estate
Listed By: Alexander Phippen · License #40666915
Source: Ashworthre
Added: Sep 28 Changed: Oct 30 Last Checked: Oct 30 at 12:04PM

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

Rey
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Investment Insights

Based on property information with market context.

This single-story triplex in Fairmont contains three similarly sized units within 1,680 square feet. Two units have recently undergone rehabilitation, and the building dates to 1940. Sub-metered utilities allow usage to be tracked by unit.

Located at 407 E 6th Street, the property is configured as a three-unit rental building.

Key Highlights

  • Three similarly sized rental units
  • 1,680 square feet in a single‑story layout
  • Sub‑metered utilities for unit‑level tracking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Sub-metered utilities provide separate tracking for the rental units.
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 $169,900.
What are key features of this property?
This property features: Three similarly sized rental units; 1,680 square feet in a single‑story layout; Sub‑metered utilities for unit‑level tracking
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