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    Fairmont, MN
    Quadplex

    Fairmont, MN Quadplexes for Sale

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    Ceylon, MN Blue Earth, MN Sherburn, MN Swea City, IA Winnebago, MN Ormsby, MN Lakota, IA Estherville, IA
    Four-Unit Apartment Building
    Updated: Sep 11
    Four-Unit Apartment Building

    224 S Park Street, Fairmont, MN 56031

    $139,900
    1,988 sqft
    Four one‑bedroom apartments across two floors
    Two main‑floor units and two second‑floor units
    Basement includes coin‑operated washer and dryer
    Separate electric meters for each apartment
    Built in 1915
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Quadplex with Garages
    Four-Unit Quadplex with Garages

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot

    Brick apartment property with detached garages, forced-air heating, and all units leased.

    View details
    Fully Renovated 4-Unit Townhome
    Fully Renovated 4-Unit Townhome

    412 Holly Ln, Mankato, MN 56001

    $1,195,000
    6,528 sqft

    Four fully renovated townhome units are each occupied and feature 3 bedrooms, in-unit laundry, and updated finishes.

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    Four-Unit Apartment Quadplex
    Four-Unit Apartment Quadplex

    305 N Van Buren Ave, Springfield, MN 56087

    $300,000
    2,400 sqft

    Fully occupied residential income property with mixed unit layouts, detached garages, and coin-operated laundry.

    View details
    Downtown Mankato Quadplex
    Downtown Mankato Quadplex

    303 N Broad Street, Mankato, MN 56001

    $375,000
    0.15 AC lot

    Four-unit property with updated interiors, shared laundry, and flexible owner-occupant potential.

    View details

    Fairmont, MN Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Fairmont, MN on our real estate platform. These investment opportunities span a total of 1,988 square feet of properties for sale, with an estimated market value of $139,900.

    Sale prices for four-unit buildings in Fairmont, MN average $139,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

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

    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.

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