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Fairmont, MN Multifamily Homes & Duplexes for Sale

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  • /47

    $529,900

    • 4 Beds
    • 5 Baths
    • 3,862 Sq Ft

    1334 Oak Beach Dr, Fairmont, MN 56031

    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 —

    Julie Liljenquist Edina Realty

    1334 Oak Beach Dr, Fairmont, MN 56031
  • /49

    $319,000

    • 2 Beds
    • 2 Baths
    • 1,440 Sq Ft

    1631 Blue Jay Blvd, Fairmont, MN 56031

    Welcome to this two bedroom two bath two stall garage townhome that has been meticulously maintained and offers a warm welcoming feeling the moment you walk in. The main living area has vaulted ceilings and large windows that provide an open and airy feeling. The living area flows into the open dining room and spacious kitchen that has an abundance of cabinets and a breakfast bar. Off the kitchen

    Allison Hennager CENTURY 21 Northland Realty

    1631 Blue Jay Blvd, Fairmont, MN 56031

Why Live in Fairmont

Fairmont, located in rural southern Minnesota, is known for its lakeside lifestyle and strong agricultural economy. The city features a connected lake system that offers ample opportunities for swimming, boating, and water skiing, making waterfront recreation a central part of life. Fairmont's economy is bolstered by agricultural production and manufacturers like Fairmont Foods and 3M. Downtown revitalization efforts are underway, enhancing the city's amenities and quality of life. Housing options include various styles from the early 20th century to the early 2000s, with ranch-style and Minimal Traditional properties being common. The White Ridge Trail development is introducing new twin homes to the southern end of the city. Fairmont maintains 400 acres of parkland with playgrounds, sports fields, and disc golf courses, providing numerous things to do for residents. Dining often revolves around the lakes, with local favorites like Channel Inn offering burgers and beer on an outdoor patio overlooking Hall Lake. Downtown Fairmont features consignment shops, jewelry stores, diverse hometown restaurants, and the Fairmont Opera House. The Fairmont Area School District is highly rated, with a focus on STEM learning. Annual events include the Martin County Fair, Interlaken Heritage Days, a fishing tournament, a triathlon, and Fourth of July fireworks. Prairie Lakes Transit operates fixed bus routes, while Interstate 90 and Route 15 provide regional connectivity. The Mayo Clinic Fairmont Hospital offers comprehensive medical services. Crime rates in Fairmont are trending down, with a significant decrease in overall crime and narcotic-related offenses since 2018.

Home Trends in Fairmont, MN

Housing Trends

Median Sale Price
$270,000
Median Single Family Sale Price
$270,000
Median Townhouse Sale Price
$430,000
Average Price Per Sq Ft
$121
Number of Homes for Sale
1
Last 12 months Home Sales
43
Months of Supply
0.30
Median List Price
$254,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
44%
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