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$174,900 Just Listed

  • For Sale
  • Active
  • Triplex
  • 3 Beds
  • 3 Total Baths
  • 1,680 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 407 E 6th St

General

  • Price: $174,900
  • Taxes: $2,097 (2026)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7151086
  • Updated: 9/30/2026
  • Added to Site: 4 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Location

  • County: Martin
  • Township: Fairmont
  • Subdivision: Gambles Ext
  • Driving Directions: When heading North on North Prairie Ave, before crossing the railroad tracks turn Right onto E 6th St. Property will be on the left side of the road.

School Information

  • School District: 2752 - Fairmont Area Schools
  • High School District: Fairmont Area Schools

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected, City Sewer in Street
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Block, Full
  • Foundation Size: 1680
  • Roof: Flat
  • Disability Access: Wheelchair Ramp(s)
  • Square Feet: 1,680
  • Above Ground: 1,680 Sq. Ft.
  • Below Ground: 1,680 Sq. Ft.
  • Finished Down/Base.: 3,360 Sq. Ft.
  • Year Built: 1940

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.089
  • Lot Dimensions: 53 x 75
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $2,097
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Sewer, Water
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: GAMBLES EXT. S52' OF E75' OF W1/2 OF BLK 7 10258-5.3
  • Property ID: 231190010

Listed by True Real Estate

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— 407 E 6th St —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 407 E 6th St

School District:Fairmont Area School District
NameGradesDistance
Fairmont Elementary School
714 Victoria Street, Fairmont, MN 56031
PK-60.8 mi
Fairmont High School
900 Johnson Street, Fairmont, MN 56031
7-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 407 E 6th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Listed
$174,900
43.95%
MLS
11/15/2023
Sold
$121,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 407 E 6th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,304
18%
$117,700
1%
2025
$1,950
88%
$116,600
10%
2023
$1,040
-12%
$106,200
96%
2022
$1,184
-69%
$54,100
-8%
2021
$3,858
370%
$58,800
43%
2020
$820
—
$41,000
5%
2019
$820
3%
$39,100
16%
2018
$798
59%
$33,600
10%
2017
$503
19%
$30,600
15%
2015
$421
—
$26,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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407 E 6th Street, Fairmont, MN 56031 (MLS# 7151086) is a Triplex property with 3 bedrooms and 0 full bathrooms. 407 E 6th Street is currently listed for $174,900 and was received on September 28, 2026. Want to learn more about 407 E 6th Street? Do you have questions about finding other Triplex real estate for sale in Fairmont? You can browse all Fairmont real estate or contact a Coldwell Banker agent to request more information.

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