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    Fairmont, MN
    Triplex

    Fairmont, MN Triplexes for Sale

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    Sherburn, MN Swea City, IA Blue Earth, MN Winnebago, MN Ormsby, MN Lakota, IA Estherville, IA Bancroft, IA
    Triplex with Updated Units
    Updated: Sep 28
    Triplex with Updated Units

    407 E 6th Street, Fairmont, MN 56031

    $174,900
    1,680 sqft 0.09 AC lot
    Three rental units in a single‑story building
    1,680 square feet on a 0.089‑acre parcel
    Two units recently rehabilitated
    Sub‑metered utilities
    Built in 1940; frame construction and forced‑air heating
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    Three-Unit Triplex
    Updated: Oct 1
    Three-Unit Triplex

    407 E 6th St, Fairmont, MN 56031

    $174,900
    1,680 sqft
    Three similarly sized units in a 1,680‑square‑foot building
    Submetered utilities
    Recent rehabilitation completed in two units
    Single‑story building constructed in 1940
    Located at 407 E 6th St, Fairmont, MN 56031
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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 6 Potential Opportunities for your consideration. Besides 2 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.

    Lake-View Triplex with Three Units
    Lake-View Triplex with Three Units

    41 Dewey St, Arnolds Park, IA 51331

    $699,000
    3,336 sqft

    Three distinct units support vacation stays and long-term occupancy, with a lawn designed for outdoor gatherings.

    View details
    Triplex Multifamily Property
    Triplex Multifamily Property

    610 3rd Ave SE, Waseca, MN 56093

    $174,800
    2,142 sqft

    Three residential units are situated near parks, schools, local services, and downtown Waseca.

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    Triplex with Lake Views
    Triplex with Lake Views

    41 Dewey Street, Arnolds Park, IA 51331

    $699,000
    0.32 AC lot

    Three distinct residences offer a mix of vacation-oriented and long-term rental use near downtown, entertainment, and public waterfront access.

    View details
    Triplex with Basement
    Triplex with Basement

    610 SE 3rd Avenue, Waseca, MN 56093

    $174,800
    0.20 AC lot

    Three-unit residential property with forced-air heating and a shingle roof.

    View details

    Fairmont, MN Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Fairmont, MN on our real estate platform. These investment opportunities span a total of 3,360 square feet of properties for sale, with an estimated market value of $349,800.

    Sale prices for three-family homes in Fairmont, MN average $174,900 — 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
    Triplexes 2
    Duplexes 1
    Quadplexes 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 $174.9K

    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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