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  • Price cut: $21K (5/8)
    $399,000

    1334 Oak Beach Dr, Fairmont, MN 56031

    6beds
    5baths
    3,862sqft
    : 
    $2,827/mo
    Get pre-qualified
    Duplex Side by Side
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $103/sqft
    $-- HOA

    What's special

    Screened porchScreened-in porchBrand-new flooringCozy gas fireplaceLakefront viewsStunning lake viewsLow-maintenance exterior
    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.
    369 days
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    867
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    35
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    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Liljenquist 507-399-1368,

    Edina Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6755532MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Boiler, Hot Water
      Features
      • Basement: Partially Finished,Storage Space,Tile Shower
      Interior area
      • Total structure area: 4,656
      • Total interior livable area: 3,862 sqft
      • Finished area above ground: 3,068
      • Finished area below ground: 794

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      • Details: Garage Dimensions (21 x 11)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Patio & porch: Deck, Enclosed, Rear Porch, Screened
      • Pool features: None
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Dock, Lake Front, Lake View, Shared
      Lot
      • Size: 0.33 Acres
      • Dimensions: 90 x 153
      • Features: Tree Coverage - Heavy
      Details
      • Foundation area: 1588
      • Parcel number: 231880370
      • Zoning description: Residential-Multi-Family,Residential-Single Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Side by Side
      Materials
      • Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1952

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Oak Beach
      HOA
      • Amenities included: Deck, Boat Dock, Patio, Porch
      Location
      • Region: Fairmont

      Financial & listing details

      • Price per square foot: $103/sqft
      • Tax assessed value: $490,100
      • Annual tax amount: $6,388
      • Date on market: 7/29/2025
      • Cumulative days on market: 223 days
      • Tenant pays: None

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,092/mo

        Price history

        DateEventPrice
        5/8/2026Price change$399,000-5%$103/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6755532 Report a problem
        2/2/2026Price change$420,000-10.4%$109/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6755532 Report a problem
        12/16/2025Price change$468,500-2.4%$121/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6755532 Report a problem
        10/29/2025Price change$479,975-4%$124/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6755532 Report a problem
        8/23/2025Price change$500,000-5.6%$129/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6755532 Report a problem
        7/29/2025Listed for sale$529,900+14%$137/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6755532 Report a problem
        10/13/2022Sold$465,000-0.9%$120/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6248653 Report a problem
        9/26/2022Pending sale$469,000$121/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6248653 Report a problem
        8/17/2022Listed for sale$469,000$121/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6248653 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,509 +28.1%$490,100
        2024$6,644 +35.2%$490,100 +20.7%
        2023$4,914 +0.7%$405,900 +14.5%
        2022$4,878 +24.9%$354,500 +7.1%
        2021$3,906 +3%$331,100 +25.9%
        2020$3,794 -1.9%$262,900 -1.7%
        2018$3,868 +41.4%$267,400 +34.2%
        2017$2,736 +4.4%$199,300 +0.3%
        2016$2,620 +3.9%$198,700 -4.9%
        2015$2,522 -17.5%$209,000 -4.1%
        2013$3,058 +3.1%$217,900 0%
        2012$2,966 $218,000
        2011-- --
        2010-- $221,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 56031

        Getting around

        20 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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