1334 Oak Beach Drive Fairmont, MN $ 399,000
1334 Oak Beach Drive
$ 399,000
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1334 Oak Beach Drive

Fairmont, MN, 56031
$ 399,000
Bedrooms6 Baths4.1 Sq 3,862

Monthly Estimate*

$ 2,756

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Multi-Family Home for sale in Fairmont, MN

for $399,000 with 6 bedrooms and 4 full baths, 1 half bath. This 3,862 square foot home was built in 1952 on a lot size of 0.33.

Duplex Living on Budd Lake – A Rare Opportunity! Nestled along the shores of Fairmont’s picturesque Budd Lake, this left and right duplex offers a unique blend of comfortable living, income potential, and serene lakefront views. Whether you're looking for a multi-generational living setup, a smart investment, or a place to call home with the bonus of a rental, this property has it all — including a charming boathouse overlooking the water and breathtaking sunsets you’ll never tire of. South Side Unit: This spacious unit welcomes you with an inviting eat-in kitchen and a combined living/dining room that opens into a den or home office, complete with a cozy gas fireplace — a perfect spot for chilly evenings. This flexible space could also serve as a main-floor bedroom. The main level also features a ½ bath and a peaceful screened-in porch to enjoy lakeside breezes. Upstairs, you’ll find two bedrooms and a full bath. The finished basement adds even more living space with brand-new flooring, a large ¾ bath featuring a tiled walk-in shower, a generous walk-in closet, a family room, and an office — which could easily become a bedroom with the addition of an egress window. This unit also includes a private single-car garage. North Side Unit: The north side duplex mirrors many of the same comforts with its own eat-in kitchen, a living/dining room combination, a den or office, and a functional layout that’s move-in ready. The main floor includes a living room, kitchen, dining room, and a den/bedroom and full bath, while upstairs offers two bedrooms and a ¾ bath. This unit also comes with its own single-car garage. Additional Features: Lakeside boathouse perfect for lake gear or a relaxing hideaway Backyard patio with fire pit — ideal for entertaining or peaceful evenings by the water Brand new, energy-efficient boiler system Low-maintenance exterior Quiet lakefront location just minutes from downtown Fairmont, parks, and trails Stunning lake views with some of the best sunsets in town Whether you're watching the sunset from the screened porch or roasting marshmallows by the fire pit, this Budd Lake duplex offers the perfect blend of comfort and lakeside charm. Live in one, rent the other — or make the most of both! Some of these pictures in this listing is virtually staged.

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Multi-Family Active

Price

$ 399,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 6,388

Style

Duplex Side by Side

Lot Size

0.33

Year Built

1952

Town/City

Fairmont

County/Region

Martin

MLS | Web ID

6755532

Features
General
Living Area 3862
Sewer City Sewer/Connected
Heating Boiler Hot Water
Roof Asphalt
Garage Spaces 2
Pool Features None
Construction Materials Block
Year Built 1952
Electric Circuit Breakers
Tenant Pays None
Levels One and One Half
Property Subtype Duplex Side by Side
Tax Year 2024
Gross Income 6000
Waterfront Features Dock Lake Front Lake View Shared
Accessibility None
County Martin
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Deck Dock Patio Porch
Contingency None
MaintenanceExpense 0
Subdivision Name Oak Beach
Directions From the corner of Walgreens Kwik Trip Burger King and Shopko Optical go south on State Street turn right onto Oak Beach Drive and the house will be on the right hand side.
City Fairmont
High School District Fairmont Area Schools
Zoning Description Residential-Multi-Family Residential-Single Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6388
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Partially Finished Storage Space Tile Shower
Basement (Y/N) Y
Above Grade Finished Area 3068
Total Bedrooms 6
Below Grade Finished Area 794
Total Baths 5
Fuel Natural Gas
Garage Dimensions 21 x 11
Garage Square Feet 528
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Exterior
Lot Features Tree Coverage - Heavy
Water Source City Water/Connected
Lot Size Area 0.33
Building Area Total 4656
Lot Dimensions 90 x 153
Waterfront Y/N Y
Foundation Area 1588
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1334
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* Excluded Features
List By
Edina Realty

Broker

JulieLiljenquist@edinarealty.com

Email

Affordability Calculator

$3,288
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,756
Monthly Property Taxes
$532
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
3048826 Elementary School
3048512 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$399,000 -5.00% Price Down
2/2/2026$420,000 -10.35% Price Down
12/16/2025$468,500 -2.39% Price Down
10/29/2025$479,975 -4.01% Price Down
8/23/2025$500,000 -5.64% Price Down
7/29/2025$529,900 Listed Price

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1334 Oak Beach Drive, Fairmont, MN, 56031 is a Multi-Family Home for sale at $399,000 with 3,862 sqft and a lot size of 0.33. 1334 Oak Beach Drive has 6 bedrooms, 4.1 baths, and was built in 1952. The property's zip code is 56031 which is in Fairmont, MN