Price is firm. Investment opportunity with 3 units, all with separate entrances. Sale includes adjacent vacant lot. Alley access to both properties for off-street parking. Electricity is metered separately. Owner pays for gas and water. Main floor: living room, dining room, kitchen, full bathroom, and 1 bedroom with passthrough to 2nd bedroom. Upstairs: Kitchen, Living room/Dining Room with balcony, full bathroom, 2 bedrooms, with adjoining door. Basement unit is a studio apartment with kitchen, 3/4 bathroom, and one large room for living and bedroom. Shared laundry for all units in basement. *NOTE: the Boiler lines froze which operate the main floor and upper floor heat-will need a new heating system. Basement level is baseboard electric heat. Property is being sold AS IS.
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Street View
$50,000
411 Willow St, Fairmont, MN 56031
5beds
3baths
2,166sqft
Triplex
Built in 1920
-- sqft lot
$-- Zestimate®
$23/sqft
$1,619 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,619/mo
Zestimate® history
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List your homeWhat's special
Studio apartmentOff-street parkingDining roomBaseboard electric heat
Zillow last checked:
Listing updated:
Listed by:
Kim Kreiss 507-848-8102,
EXIT Realty - Great Plains
Bought with:
Shane Nelson
Home Run Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6584510
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Other
Appliances
- Laundry: In Basement, Common Area
Features
- Basement: Partial,Partially Finished
Interior area
- Total structure area: 2,166
- Total interior livable area: 2,166 sqft
- Finished area above ground: 1,434
- Finished area below ground: 732
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
Lot
- Size: 4,791 Square Feet
- Dimensions: 48 x 100
- Features: Tree Coverage - Medium
- Topography: Gently Rolling
Details
- Foundation area: 813
- Parcel number: 231990140
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Ramsdale
HOA
- Amenities included: Laundry
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $23/sqft
- Tax assessed value: $66,900
- Annual tax amount: $1,253
- Date on market: 8/12/2024
- Cumulative days on market: 172 days
- Tenant pays: Electricity
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2025 | Sold | $50,000$23/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6584510 Report a problem | ||
| 1/31/2025 | Pending sale | $50,000$23/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6584510 Report a problem | ||
| 1/30/2025 | Price change | $50,000-20%$23/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6584510 Report a problem | ||
| 9/26/2024 | Price change | $62,500-13.8%$29/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6584510 Report a problem | ||
| 8/12/2024 | Listed for sale | $72,500-51.7%$33/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6584510 Report a problem | ||
| 1/31/2023 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/29/2022 | Listed for sale | $150,000+131.1%$69/sqft |
Source:  RASM #7030562 Report a problem | ||
| 8/27/2020 | Sold | $64,900$30/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5500176 Report a problem | ||
| 6/3/2020 | Pending sale | $64,900$30/sqft |
Source: CENTURY 21 Northland Realty #5500176 Report a problem | ||
| 3/6/2020 | Listed for sale | $64,900-4.6%$30/sqft |
Source: CENTURY 21 Northland Realty #5500176 Report a problem | ||
| 7/30/2019 | Listing removed | $68,000$31/sqft |
Source: EXIT Realty - Great Plains #5155678 Report a problem | ||
| 1/29/2019 | Listed for sale | $68,000-3.5%$31/sqft |
Source: EXIT Realty-Great Plains #6033370 Report a problem | ||
| 5/24/2017 | Listing removed | $70,500$33/sqft |
Source: Owner Report a problem | ||
| 9/8/2016 | Price change | $70,500-1.4%$33/sqft |
Source: Owner Report a problem | ||
| 3/30/2016 | Listed for sale | $71,500-5.8%$33/sqft |
Source: Owner Report a problem | ||
| 10/5/2011 | Listing removed | $75,900$35/sqft |
Source: Cavers Realty, Inc. #127494 Report a problem | ||
| 5/12/2011 | Listed for sale | $75,900+80.7%$35/sqft |
Source: Cavers Realty Inc. #127494 Report a problem | ||
| 7/14/2006 | Sold | $42,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,286 +56.6% | $66,900 -47.2% |
| 2024 | $1,460 +2% | $126,600 +55.5% |
| 2023 | $1,432 +11.2% | $81,400 +10.4% |
| 2022 | $1,288 +3.4% | $73,700 +21.2% |
| 2021 | $1,246 -1% | $60,800 +14.7% |
| 2020 | $1,258 +6.8% | $53,000 +9.3% |
| 2018 | $1,178 +41.2% | $48,500 -4.7% |
| 2017 | $834 +9.4% | $50,900 +4.9% |
| 2016 | $763 -1.1% | $48,500 -9.2% |
| 2015 | $772 -23.9% | $53,400 -12% |
| 2013 | $1,014 -14% | $60,700 -14.7% |
| 2012 | $1,179 | $71,200 |
| 2011 | -- | -- |
| 2010 | -- | $71,200 |
Find assessor info on the county website
Neighborhood: 56031
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Nearby schools
GreatSchools rating
- 3/10Fairmont Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 6/10Fairmont High SchoolGrades: 7-12Distance: 0.9 mi
- Minnesota
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- Fairmont
- 56031
- 411 Willow St
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