Fairmont, MN Residential income properties for sale

Updated: Jan 6

Two-Building Apartment Property

111 & 107 Dorothy Street, Fairmont, MN 56031

$250,000

14,332 sqft 1.60 AC lot

Two buildings totaling 14,332 square feet
1.6‑acre property with a large on‑site parking area
Five units; most do not include individual kitchens
Large shared kitchen in each building
Maintenance garage included

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Updated: May 20

Mixed-Use Downtown Building

40 Downtown Plaza, Fairmont, MN 56031

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7,200 sqft

Two‑story concrete and brick mixed‑use building (1946) in Downtown Fairmont, MN
Approx. 7,200 SF per level for a total approximate building size of 14,400 SF
Main level includes a new nail salon plus high‑end TI and equipment
Main level also features a 5,677 SF warehouse/flex space with one drive‑in overhead door
Second floor has ten apartments and a common laundry area

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City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

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36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

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Vacant Multifamily with Office Space

111 & 107 Dorothy S, Fairmont, MN 56031

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7,166 sqft 1.60 AC lot

Two multifamily buildings total 7,166 sq. ft. and include nine units plus an on-site office/conference space.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 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 with West-Facing Views

10585 Crowley Avenue, Spirit Lake, IA 51360

$779,000

3,628 sqft 0.30 AC lot

Completely renovated duplex on Big Spirit Lake with central air, forced-air heat, private water, and public sewer.

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Duplex with Dock

16822 255th Street, Spirit Lake, IA 51360

$1,990,000

3,834 sqft

New construction duplex with a deck and dock, featuring a walk-out lower level that leads directly to the water.

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Three 8-Plex Apartment Building

120 E 13th St, Blue Earth, MN 56013

$1,225,000

0.97 AC lot

Three 8-plex multifamily with 1- and 2-bedroom units, on-site coin laundry, and 34 off-street parking spaces.

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Value-Add Apartment Opportunity

830 Moore St., Blue Earth, MN 56013

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19,200 sqft 0.97 AC lot

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

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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.

Estherville Land for Dream Home

1663 365th Avenue, Estherville, IA 51334

Contact for pricing

0.67 AC lot

Elite Country Club Estates lot ready for your dream home.

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Bancroft Vacant Land Opportunity

208 Public St, Bancroft, IA 50517

$79,900

4.00 AC lot

4+/- acres of land suitable for residential development in Bancroft, IA.

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Residential Lot in Easton, MN

Cedar Street, Easton, MN 56025

Contact for pricing

0.16 AC lot

Residential building lot available in Easton, Minnesota.

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Commercial Lots in Graettinger, Iowa

N Cedar Avenue, Graettinger, IA 51342

$34,999

Two bare lots, commercially zoned, potential for residential rezoning.

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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.

MOBILE HOME PARK, TRAILER PARK

829 Edison Dr, Fairmont, MN 56031-1622

$245,000

Estimated value

708 sqft 1.98 AC lot

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MOBILE HOME PARK, TRAILER PARK

818 Edison Dr, Fairmont, MN 56031-1621

$260,000

Estimated value

624 sqft 0.23 AC lot

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MOBILE HOME PARK, TRAILER PARK

1301 Winnebago Ave, Fairmont, MN 56031-3652

$605,000

Estimated value

34.12 AC lot

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