Description
Your chance to own a cash-flowing triplex in Fairmont. This single-story income property is a practical way to get into rental investing, with three similarly sized units and sub-metered utilities that make leasing and expense tracking straightforward.The building has seen meaningful updates and modernizations, including two recently rehabbed units, so you're not buying a project from scratch. Come see it and decide if this is the right first (or next) investment. Call today to schedule a showing! One of the owners is a licensed real estate agent in the State of Minnesota.
Details
| MLS # | 7151086 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 11 |
| Listing Provided By | True Real Estate | Alexander Phippen |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,680 |
| Basement | Y |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Residential-Single Family |
| Acreage | 0.09 |
Interior
| Heating | Forced Air |
|---|
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Frame |
Taxes
| Property | 2097 |
|---|
Area Information
| State | MN |
|---|---|
| County | Martin |
| City | Fairmont |
| Zip Code | 56031 |
| Community Name | Gambles Ext |
| School District | 2752 |
| High School | Fairmont Area Schools |
| Listing VS Median (in Gambles Ext) | |
Price: $174,900 low | high Med: $174,900 sqft: 1,680 low | high Med: 1,680 $ / sqft: $104 low | high Med: $104 On site: 11 low | high Med: 11 | |
Market Activity 56031
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 10, 2026 at 1:17:54 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Martin |
| City | Fairmont |
| Zip Code | 56031 |
| Community Name | Gambles Ext |
| School District | 2752 |
| High School | Fairmont Area Schools |
| Listing VS Median (in Gambles Ext) | |
Price: $174,900 low | high Med: $174,900 sqft: 1,680 low | high Med: 1,680 $ / sqft: $104 low | high Med: $104 On site: 11 low | high Med: 11 | |
