$150,000
609 E 4th Street Fairmont, MN 56031
For Sale MLS# 6787099
5 beds 3 baths 2,880 sq ft Multi-family
Details for 609 E 4th Street
MLS# 6787099
Description for 609 E 4th Street, Fairmont, MN, 56031
Take a look at this unique triplex full of historic charm and investment opportunity! This stately home has been converted into three separate units, offering flexibility for an owner-occupant or investor. The largest unit features 3 bedrooms, spacious living areas, and plenty of natural light. The other two units are cozy 1-bedroom apartments, perfect for steady rental income. Original character still shines through in the woodwork and details, while updates make the property functional for today’s living This property offers both charm and potential.
Listing Information
Property Type: Multi-family, Triplex
Status: Active
Bedrooms: 5
Bathrooms: 3
Lot Size: 0.18 Acres
Square Feet: 2,880 sq ft
Year Built: 1898
Foundation: 1,440 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Gambles
Number Of Units Total: 3
County: Martin
Days On Market: 185
Construction Status: Previously Owned
School Information
District: 2752 - Fairmont Area Schools
Interior Features
Square Footage above: 2,880 sq ft
Basement: Full
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Boiler, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Garage Dimensions - 20x20, Garage Sq Ft - 400.0
Exterior: Wood
Roof: Asphalt Shingles
Lot Dimensions: .18
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 800
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 600
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 4
Unit 3 Units Total: 1
Unit 3 Actual Rent: 450
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 5
Driving Directions
From Hwy 15, head West on 4th Street. Triplex is on the North side of the street.
Financial Considerations
Other Annual Tax: $947
Tenant Pays: Electric
Owner Pays: Insurance,Lawn,Maintenance/Repair,Sewer,Taxes,Trash,Water
Gross Income: 22200
Expense: 9837
Tax/Property ID: 231180240
Tax Amount: 2097
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 609 E 4th Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 609 E 4th Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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