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Three-Unit Triplex with Garage
For Sale
$225,000

705 6th Avenue, Fairmont, NE 68354

Three separate residences include a detached garage and a mix of two- and one-bedroom layouts.

Property SizeContact for details
Days on Market23

Property Features for 705 6th Avenue

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi Family Home

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,191

Building Details

Year Built 1900
Stories 2
Units 3
Listing Agency: Better Homes and Gardens R.E.
Listed By: Elise Owens
Source: Burrowstracts
Added: Jul 21 Changed: Aug 11 Last Checked: Aug 11 at 1:29PM

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 Better Homes and Gardens R.E.

Investment Insights

Based on property information with market context.

This triplex contains three distinct residential units within a converted multifamily home. The two main-floor residences each offer two bedrooms and one bathroom, along with vinyl plank flooring and 10-foot ceilings. The third unit provides one bedroom and one bathroom, with vinyl plank in the kitchen and new carpet across the living areas and bedroom. A detached one-car garage adds supplemental storage or parking capacity.

The property is positioned on a corner lot at 705 6th Avenue in Fairmont, Nebraska. Built in 1900, it combines a three-unit configuration with varied floor plans suited to separate residential occupancy. The unit mix consists of two two-bedroom homes and one one-bedroom home, providing a clear breakdown of the available living arrangements.

Key Highlights

  • Three residential units with a mix of two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Detached 1‑car garage provides additional storage or parking
  • Two main‑floor units feature 10 ft ceilings and vinyl plank flooring

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Hair Salon Daycare Center Auto Repair Shop Nursing Home Storage Facility Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 68354, NE

866
Population
399
Households
2.2
Avg Household Size
48
Median Age
13%
College-Educated
96%
High-School Grad
105.2 sq mi
ZIP Area
8
Density / Sq Mi
$66,827
Median Household Income
$45,208
Median Earnings
$583
Median Rent
$103,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences include a detached garage and a mix of two- and one-bedroom layouts.
Where is this triplex located?
The property is located at 705 6th Avenue Fairmont, NE.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three residential units with a mix of two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Detached 1‑car garage provides additional storage or parking; Two main‑floor units feature 10 ft ceilings and vinyl plank flooring
More about this property
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