Advertise
    Fairmont, MN
    Multifamily

    Fairmont, MN Multifamily Properties for Sale

    Notify Me
    List
    Map
    Swea City, IA Sherburn, MN Truman, MN Blue Earth, MN Winnebago, MN Estherville, IA Bancroft, IA Amboy, MN
    City Side Estates Apartments
    Updated: May 20
    City Side Estates Apartments

    600 Burton Lane, Fairmont, MN 56031

    $2,800,000
    36,840 sqft
    36 apartments and 19 garages offer significant rental income potential
    Prime location in the Southeast Corner of Fairmont, close to essential amenities
    Proximity to Fairmont Junior/Senior High School and Mayo Health Systems
    Desirable unit mix: 34 two‑bedroom and 2 one‑bedroom apartments
    Durable exterior featuring Chicago brick and vinyl siding
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakefront Duplex Retreat
    Lakefront Duplex Retreat

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,834 sqft

    New construction duplex with a walk-out lower level and direct access to 57' of lakeshore.

    View details
    Contemporary Duplex on Spirit Lake
    Contemporary Duplex on Spirit Lake

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,848 sqft

    New construction duplex designed for comfortable lake living.

    View details
    Well-Maintained Duplex Income Property
    Well-Maintained Duplex Income Property

    405 E 8th Street, Blue Earth, MN 56013

    $99,999
    0.10 AC lot

    Duplex includes a two-bedroom unit and a one-bedroom unit, each described as clean and well kept.

    View details
    Value-Add Apartment Opportunity
    Value-Add Apartment Opportunity

    830 Moore St., Blue Earth, MN 56013

    $1,225,000
    19,200 sqft 0.97 AC lot

    Apartment complex with value-add potential in Blue Earth, Minnesota.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

    View details
    Lakefront Recreation Lot with Boat Lift
    Lakefront Recreation Lot with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

    View details
    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details
    Alexandria Lakeshore Property with Rental Opportunity
    Alexandria Lakeshore Property with Rental Opportunity

    5950 County Road 8 NW, Alexandria, MN 56308

    $798,500
    15.62 AC lot

    Lakeshore property with rental cabins and RV sites near Alexandria.

    View details

    Off-Market Properties in Fairmont, MN

    Consider similar Off-Market properties in Fairmont, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    829 Edison Dr
    MOBILE HOME PARK, TRAILER PARK

    829 Edison Dr, Fairmont, MN 56031-1622

    Value Estimation by Request
    708 sqft 1.98 AC lot
    View details
    818 Edison Dr
    MOBILE HOME PARK, TRAILER PARK

    818 Edison Dr, Fairmont, MN 56031-1621

    Value Estimation by Request
    624 sqft 0.23 AC lot
    View details
    1301 Winnebago Ave
    MOBILE HOME PARK, TRAILER PARK

    1301 Winnebago Ave, Fairmont, MN 56031-3652

    $605,000
    Estimated value
    34.12 AC lot
    View details

    Fairmont, MN Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Fairmont, MN on our real estate platform. These investment opportunities span a total of 36,840 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for multifamily properties in Fairmont, MN start at $2,800,000, averaging $2,800,000, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -0.4%
    Median Household Income $61,475
    College Educated 35.0%

    High-Yield Neighborhoods for Investment

    Identify Fairmont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56031 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.60%
    Property Tax per SF $49.48 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Fairmont fall within the 50,000 to 100,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Fairmont, MN

    Popular Categories

    Most Searched ZIP Codes in Fairmont, MN

    • 56031

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!