Courtesy: True Real Estate
507-345-8783
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.
Courtesy: TRUE REAL ESTATE
Your chance to own a triplex! Come and see this income producing asset and get your foot in the door of real estate investing. This triplex has three units roughly the same size each with sub metered utilities to make leasing units easier. Don't wait call today. One of the sellers is a licensed real estate agent in the State of Minnesota.
Courtesy: Action Realty
507-625-9375
This four unit apartment building has two 1-bedroom apartments on the main floor and two 1-bedroom apartments on the second floor. There is a coin operated washer and dryer in the basement. The apartments have separate electric meters. The owner pays the gas, and city utility bill. Please contact me for average utility costs if interested.
Courtesy: Action Realty
This four unit apartment building has two 1-bedroom apartments on the main floor and two 1-bedroom apartments on the second floor. There is a coin operated washer and dryer in the basement. The apartments have separate electric meters. The owner pays the gas, and city utility bill. Please contact me for average utility costs if interested.
Courtesy: Edina Realty
507-385-7575
Duplex Living on Budd Lake – A Rare Opportunity! Nestled along the shores of Fairmont’s picturesque Budd Lake, this left and right duplex offers a unique blend of comfortable living, income potential, and serene lakefront views. Whether you're looking for a multi-generational living setup, a smart investment, or a place to call home with the bonus of a rental, this property has it all — including a charming boathouse overlooking the water and breathtaking sunsets you’ll never tire of. South Side Unit: This spacious unit welcomes you with an inviting eat-in kitchen and a combined living/dining room that opens into a den or home office, complete with a cozy gas fireplace — a perfect spot for chilly evenings. This flexible space could also serve as a main-floor bedroom. The main level also features a ½ bath and a peaceful screened-in porch to enjoy lakeside breezes. Upstairs, you’ll find two bedrooms and a full bath. The finished basement adds even more living space with brand-new flooring, a large ¾ bath featuring a tiled walk-in shower, a generous walk-in closet, a family room, and an office — which could easily become a bedroom with the addition of an egress window. This unit also includes a private single-car garage. North Side Unit: The north side duplex mirrors many of the same comforts with its own eat-in kitchen, a living/dining room combination, a den or office, and a functional layout that’s move-in ready. The main floor includes a living room, kitchen, dining room, and a den/bedroom and full bath, while upstairs offers two bedrooms and a ¾ bath. This unit also comes with its own single-car garage. Additional Features: Lakeside boathouse perfect for lake gear or a relaxing hideaway Backyard patio with fire pit — ideal for entertaining or peaceful evenings by the water Brand new, energy-efficient boiler system Low-maintenance exterior Quiet lakefront location just minutes from downtown Fairmont, parks, and trails Stunning lake views with some of the best sunsets in town Whether you're watching the sunset from the screened porch or roasting marshmallows by the fire pit, this Budd Lake duplex offers the perfect blend of comfort and lakeside charm. Live in one, rent the other — or make the most of both! Some of these pictures in this listing is virtually staged.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2026 REALTOR® Association of Southern Minnesota. All rights reserved.
Fairmont is located in Minnesota. Fairmont, Minnesota has a population of 10,465. Fairmont is less family-centric than the surrounding county with 25.42% of the households containing married families with children. The county average for households married with children is 25.79%.
The median household income in Fairmont, Minnesota is $52,975. The median household income for the surrounding county is $57,002 compared to the national median of $69,021. The median age of people living in Fairmont is 45.6 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 32.3 inches per year, with 42.8 inches of snow per year.
