701 E 1st Street, Fairmont, MN 56031

New Listing
$99,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,506 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $99,000 List Date: 4/06/2026 Last Modified: 4/10/2026

Overview

Description

Charming 1920s two-story home offering approximately 1,484 square feet of living space on a corner lot in Fairmont. This 3-bedroom, 2-bathroom property features a spacious layout with a living room, dining area, kitchen, family room, and additional sitting room on the main level, plus three bedrooms and a full bath upstairs. The home includes original character with wood accents and a functional floor plan, along with a full basement providing extra storage space.

Listing Details MLS# 7049080

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront Present
No
Year Built
1920
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Half
Yes
Main Floor Total SqFt
572
Above Grd Total SqFt
934
Below Grd Total SqFt
572
Total SqFt
1506
Total Finished Sqft
1506.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
572
Garage Stalls
2
Lot Dimensions
50 x 132
Acres
0.14
Assessment Pending
No
Number of Fireplaces
0
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dryer; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Unfinished Bath Description: Main Floor 1/2 Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Living/Dining Room Electric: Circuit Breakers; Fuses Exterior: Aluminum Siding Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lot Description: Corner Lot Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; Conventional Rehab; FHA Rehab 203k Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
99000
ListPrice
99000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
701
Street Direction Prefix
E
Street Name
1st
Street Suffix
Street
Postal City
Fairmont
County
Martin
State
MN
Zip Code
56031
Complex/Dev/Subdivision
Goulds

Assessments

Assessment Balance
69
Tax With Assessments
964

Building Information

Finished SqFt Above Ground
1506

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
GOULD'S W50' OF LOTS 6 & 7 & W50' OF S20' OF LOT 8 BLK 8
Listing City
Fairmont
Map Page
999
Municipality
Fairmont
School District
Fairmont Area Schools
School District Phone
507-238-4234
Zip Plus 4
4019
Property ID Number
231220420
Tax Year
2025
Tax Amount
895
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Charming 1920s two-story home offering approximately 1,484 square feet of living space on a corner lot in Fairmont. This 3-bedroom, 2-bathroom property features a spacious layout with a living room, dining area, kitchen, family room, and additional sitting room on the main level, plus three bedrooms and a full bath upstairs. The home includes original character with wood accents and a functional floor plan, along with a full basement providing extra storage space.
Directions
Head South on State St N and turn right onto 1st St E, home is on the North side of the street.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Unfinished
Yes

Bath Description

Main Floor 1/2 Bath
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Living/Dining Room
Yes

Electric

Circuit Breakers
Yes
Fuses
Yes

Exterior

Aluminum Siding
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Basement
Yes

Lot Description

Corner Lot
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Conventional Rehab
Yes
FHA Rehab 203k
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 12'7 x 13'4 Level: Main Family Room Dimensions: 15 x 13'4 Level: Main First (1st) Bedroom Dimensions: 10'2 x 10 Level: Upper Kitchen Dimensions: 10'10 x 13'4 Level: Main Living Room Dimensions: 17'6 x 11'3 Level: Main Second (2nd) Bedroom Dimensions: 10'2 x 14'7 Level: Upper Sitting Room Dimensions: 15 x 7'7 Level: Main Third (3rd) Bedroom Dimensions: 11 x 11 Level: Upper
Listing Office: True Real Estate
IDX
Last Updated: April - 10 - 2026
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