$71,000
Last sold price
- 4 Beds
- 3 Baths
- 3,228 sqft
114 E 8th St, Fairmont, MN 56031
Currently Off Market - Sold May 28, 2025 for $71,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.74 | Multi-Family Home | $76,000 | 05/29/26 | 4 | 2 | 855 | |
3.12 | Multi-Family Home | $120,000 | 12/01/25 | 2 | 2 | 1,596 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $127,900 | 4 | 2 | 2,108 | Off Market | |
0.05 | - | 1 | 1 | 624 | Off Market | |
0.08 | $47,300 | 3 | 2.5 | 2,002 | Off Market | |
0.10 | $128,300 | 3 | 2 | 1,820 | Off Market | |
0.06 | - | 2 | 1 | 1,120 | Off Market | |
0.08 | $107,500 | 3 | 1 | 2,314 | Off Market | |
0.13 | $187,500 | 2 | 2 | 1,574 | Off Market | |
0.15 | $109,000 | 2 | 1 | 980 | For Sale | |
0.14 | $152,600 | 3 | 1.5 | 2,072 | Off Market | |
0.13 | $48,400 | 3 | 1 | 1,512 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1915
3,228 sqft
Garage
About this House
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!
114 E 8th St, Fairmont, MN 56031 is a 4 bedroom, 3 bathroom, 3,228 sqft multi-family built in 1915. It last sold for $71,000 on May 28, 2025 (10% below the $79,000 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $600 per month. That rental listing was removed on February 17, 2026. This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 2 hours ago
Listed by Vonnie Cone, (507) 848-0114
RE/MAX TOTAL REALTY
Bought with: Mike Blow, (507) 497-8602, Re/Max Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID, MLS#6716888

Home Details for 114 E 8th St
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MLS Status: Closed |
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Interior Details Basement: Full,Unfinished |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 3228 Square FeetFoundation Area: 766 |
Heating & Cooling Heating: BoilerHas HeatingHeating Fuel: Boiler |
Gas & Electric Electric: Circuit BreakersGas: Natural Gas |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: Age Over 8 Years Asphalt |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (24x24)Has a GarageParking Spaces: 2Parking: Garage |
Frontage Road Frontage: City Street, Curbs, Sidewalks, Street Lights, Storm SewerResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 2462 Square Feet |
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Cumulative Days on Market: 5 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 231200040 |
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Price List Price: $79,000 |
Status Change & Dates Off Market Date: Mon May 12 2025 |
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Direction & Address City: FairmontCommunity: Garlicks |
School Information High School District: Fairmont Area Schools |
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Building Area Building Area: 3228 Square Feet |
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Lot Area: 9757.44 sqft |
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Contingencies: None |
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Owner Pays: Gas, Heat, Repairs, Snow Removal, Water |
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BasementMls Number: 6716888Above Grade Unfinished Area: 2462 |
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HOA Amenities: Laundry |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 17, 2026 Source: Zillow Rentals | ListingRemoved | $600 |
Dec 11, 2025 Source: Zillow Rentals | Listed For Rent | $600 |
May 28, 2025 Source: NorthstarMLS as distributed by MLS GRID #6716888 | Sold | $71,000 |
May 12, 2025 Source: NorthstarMLS as distributed by MLS GRID #6716888 | Pending | $79,000 |
May 7, 2025 Source: NorthstarMLS as distributed by MLS GRID #6716888 | Listed For Sale | $79,000 |
Sep 15, 2020 Source: NorthstarMLS as distributed by MLS GRID #5570383 | Sold | $67,500 |
Aug 21, 2020 Source: Agent Provided | Pending | $72,000 |
May 21, 2020 Source: Agent Provided | Listed For Sale | $72,000 |
Jul 10, 2007 Source: N/A | Sold | $37,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,514 | $87,800 |
Home facts updated by county records
Market trends in Fairmont
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
73
2MoM
Around this home
What Locals Say about Fairmont
At least 12 Trulia users voted on each feature.
100 % Say there's holiday spirit
92 % Say kids play outside
90 % Say parking is easy
88 % Say streets are well-lit
88 % Say yards are well-kept
86 % Say it's dog friendly
82 % Say it's quiet
82 % Say car is needed
74 % Say people would walk alone at night
71 % Say there are sidewalks
65 % Say neighbors are friendly
53 % Say it's walkable to restaurants
53 % Say they plan to stay for at least 5 years
42 % Say it's walkable to grocery stores
29 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Based on information submitted to the MLS GRID as of 2026-09-10 10:03:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 114 E 8th St
- What is the price history for 114 E 8th St?114 E 8th St in Fairmont, MN last sold for $71,000 in May 2025.
- Is Fairmont a buyer's or seller's market?Fairmont is currently a balanced market, based on recent for-sale activity.
- What do residents say about Fairmont?Residents describe Fairmont, MN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Fairmont, MN.
- What are the closest schools to 114 E 8th St?The closest schools to 114 E 8th St in Fairmont, MN are Fairmont Elementary School (Pre-K, rated 3/10), Fairmont High School (Middle, rated 6/10).
- Does 114 E 8th St have laundry facilities?Yes, 114 E 8th St in Fairmont, MN has laundry facilities.