706 E 3rd Street

Fairmont, MN
$ 91,500 Beds 2 Baths 1 Sq 1,218
Monthly Estimate* How much can I afford?

Bring your vision to life with this 2-bedroom fixer-upper offering plenty of potential! Enjoy a nice backyard, deck for outdoor entertaining, shed for extra storage, and an attached garage. A great opportunity for someone ready to add their personal touches and create a home of their own.

Single Family

  • Price
  • $ 91,500
  • City
  • Fairmont
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • MARTIN
  • Half Bathrooms
  • 0
  • Area
  • Gilberts
  • Lot Size
  • 0.151 Acres
  • Zip
  • 56031
  • Sqr Footage
  • 1,218
  • Year Built
  • 1925
  • Taxes
  • $ 1130
  • Style
  • Single Family
  • MLS#
  • 7129265
Listed By: EXIT Realty - Great Plains
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1218
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Garage Spaces 1
Year Built 1925
Levels One and One Half
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Martin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Gilberts
Full Baths 1
Directions from State St. take 4th St. west until Dewey St. go south on Dewey to 3rd go west property is on the south side of street
City Fairmont
High School District Fairmont Area Schools
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1130
Additional Parcels Y/N No
Standard Status Active
Lender Owned Yes
PostalCity Fairmont

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1218
Total Bedrooms 2
Total Baths 1
Fuel Natural Gas
Garage Square Feet 325

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.151
Building Area Total 1636
Lot Dimensions 122x54
Waterfront Y/N No
Foundation Area 418

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/18/2026 Listed $96,500
9/9/2026 6% - $91,500

Property vs Zip Code Average in 56031

Price
AVG $290K
$90K
Taxes
AVG $3,003
$1,130
Year Built
AVG 1959
1925
Visits
AVG 60
11
Data Provided by Inside Real Estate®

706 E 3rd Street Fairmont, MN is a Single Family Home for sale at $91500 with 1218 sqft and a lot size of 0.151 Acres Acre(s). 706 E 3rd Street Fairmont has 2 bedrooms, 1 baths and was built in 1925. The property's zip code is 56031 which is in Fairmont, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.