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    Fairfax, MN
    Residential Income

    Fairfax, MN Residential Income Properties for Sale

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    Sleepy Eye, MN Gibbon, MN Hector, MN Morgan, MN Winthrop, MN Lafayette, MN New Ulm, MN Redwood Falls, MN
    Mixed-Use Commercial Building
    Updated: May 6
    Mixed-Use Commercial Building

    101 2nd Street SE, Fairfax, MN 55332

    $62,900
    0.16 AC lot
    Main‑floor commercial area with retail, office, or service‑use potential
    Upstairs apartment includes 3 bedrooms and a full bath
    0.16‑acre lot at 101 2nd Street SE, Fairfax, MN 55332
    Detached garage provides enclosed parking or storage space
    Central air conditioning
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfax, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Four-Unit Apartment Building
    Four-Unit Apartment Building

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot

    Four-unit apartment building with detached garages on a corner lot, brick construction, and forced-air heat.

    View details
    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.

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    Renovated Multi-Family Community
    Renovated Multi-Family Community

    991 Echo Drive SE, Hutchinson, MN 55350

    Contact for pricing

    Well-maintained 36-home apartment community with mostly two-bedroom layouts and recent exterior and mechanical improvements.

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    4-Unit Quadplex with Theater Screens
    4-Unit Quadplex with Theater Screens

    35 Washington Ave E, Hutchinson, MN 55350

    Contact for pricing

    Each one-bedroom unit includes laundry and in-floor heat.

    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.

    Residential Lot in Redwood Falls
    Residential Lot in Redwood Falls

    113 U'Ren Lane, Redwood Falls, MN 56283

    Contact for pricing
    0.29 AC lot

    City lot in a quiet cul-de-sac with city services.

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    Lakefront Lot for Custom Home
    Lakefront Lot for Custom Home

    S Ramsey Street, Redwood Falls, MN 56283

    $50,000
    1.15 AC lot

    1.096-acre lot with 130 feet of shoreline on Lake Redwood.

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    Hunting Land Near Eagle Lake
    Hunting Land Near Eagle Lake

    12893 County Road 7, Stewart, MN 55385

    $379,900
    24.47 AC lot

    Wooded acreage supports deer, duck, and goose hunting with electricity available for future improvements.

    View details
    Residential Land Overlooking Titlow Lake
    Residential Land Overlooking Titlow Lake

    47661 259th Lane, Gaylord, MN 55334

    $52,000
    2.05 AC lot

    2+ acre lot with lake views near Twin Cities.

    View details

    Fairfax, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Fairfax, MN on our real estate platform.

    Sale prices for residential income properties in Fairfax, MN average $62,900 — 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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    Demographics Overview

    Population 1,714
    Population Growth (5Y) +3.8%
    Median Household Income $58,177
    College Educated 14.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $0.99 per SF
    Tax Rate vs County Average 0.21 pp below county avg
    Average Loan-to-Value 65.0%

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