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  • $71,000

    114 E 8th St, Fairmont, MN 56031

    4beds
    3baths
    3,228sqft
    Triplex
    Built in 1915
    -- sqft lot
    $71,100 Zestimate®
    $22/sqft
    $1,100 Estimated rent

    What's special

    Income-Generating Triplex with Separate Entrances! Discover a prime investment opportunity with this, perfectly designed for steady rental income. This property features three distinct units: Unit 1 offers a spacious main-floor kitchen and dining area, with two bedrooms and a full bath located on the second level—ideal for tenants seeking extra space. Unit 2 is a cozy upper-level unit featuring one bedroom, a ¾ bath, and an additional flexible room perfect for use as an office or potential second bedroom. Unit 3 is a main-floor, rear-facing unit with a dine-in kitchen, comfortable living room, one bedroom, and a full bath—perfect for those who prefer single-level living. All three units have separate entrances for privacy and convenience, while a shared basement provides ample storage space and a common laundry area. Tenants enjoy access to a detached 24x24 garage, adding extra value. Tentants pay their own electric bill, owner takes care of gas and water. Financials are available upon request. Don't miss this opportunity to add a solid, income-producing asset to your portfolio. Schedule a showing today!

    Zillow last checked: 7 hours ago

    Listing updated: June 04, 2025 at 02:55pm

    Listed by:

    Vonnie Cone 507-848-0114,

    RE/MAX TOTAL REALTY

    Bought with:

    Mike Blow

    Re/Max Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6716888MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Boiler
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 3,228
    • Total interior livable area: 3,228 sqft
    • Finished area above ground: 2,462
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    • Details: Garage Dimensions (24x24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 9,583 sqft
    • Dimensions: .224
    • Features: Many Trees
    Details
    • Foundation area: 766
    • Parcel number: 231200040
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Siding
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • Age of Property: 110
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Fairmont
    • Subdivision: Garlicks

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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