Active with contingency

$150,000

609 E 4th St, Fairmont, MN 56031

5beds

3baths

2,880sqft

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Triplex

Built in 1898

-- sqft lot

$-- Zestimate^®

$52/sqft

$-- HOA

What's special

Plenty of natural light

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.

306 days

644

55

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Boiler

Features

Basement: Full

Interior area

Total structure area: 4,320
Total interior livable area: 2,880 sqft
Finished area above ground: 2,880
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2
Details: Garage Dimensions (20x20)

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Front Porch, Glass Enclosed

Lot

Size: 7,840 Square Feet
Dimensions: .18
Features: Tree Coverage - Light

Details

Foundation area: 1440
Parcel number: 231180240
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1898

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Gambles

HOA

Amenities included: Laundry

Location

Region: Fairmont

Financial & listing details

Price per square foot: $52/sqft
Tax assessed value: $121,000
Annual tax amount: $2,097
Date on market: 9/11/2025
Tenant pays: Electricity

Estimated market value

Not available

Estimated sales range

Not available

$1,584/mo

Price history

Date	Event	Price
9/11/2025	Listed for sale	$150,000+206.1%$52/sqft
Source: NorthstarMLS as distributed by MLS GRID #6787099 Report a problem
6/26/2012	Sold	$49,000+16.7%$17/sqft
Source: Public Record Report a problem
1/4/2006	Sold	$42,000$15/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,574 +32%	$121,000 -4.4%
2024	$1,950 +0.7%	$126,600 +34.8%
2023	$1,936 +24.9%	$93,900 +9.8%
2022	$1,550 +2.2%	$85,500 +48.2%
2021	$1,516 -4.4%	$57,700 +0.3%
2020	$1,586 +63.5%	$57,500 +32.5%
2018	$970 +43.7%	$43,400 +5.6%
2017	$675 -5.3%	$41,100 -9.3%
2016	$713 +18.6%	$45,300 +8.9%
2015	$601 +71.2%	$41,600 +84.1%
2013	$351 +12.1%	$22,600 +4.1%
2012	$313	$21,700
2011	--	--
2010	--	$36,100

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

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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