1334 Oak Beach Drive, Fairmont, MN 56031 (MLS# 6755532)

1334 Oak Beach Drive, Fairmont, MN 56031

$399,000

Main Floor Den/Office/Bedroom (North Side)

Property Type: Multi-Family Bedrooms: 6 Baths: 5 Square Footage: 4,656 Lot Size (sq. ft.): 14,375 Status: Pending

Current Price: $399,000 List Date: 2/02/2026 Last Modified: 10/05/2026

Overview

Description

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 b ... (Read more) 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.

Listing Details MLS# 6755532

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Road Btwn WF & Home?: No
Waterfront YN: Yes
Year Built: 1952
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family, Residential-Single Famil
Main Floor Total SqFt: 1588
Above Ground SqFt: 3068
Below Grd Total SqFt: 1588
Total SqFt: 4656
Foundation Size: 1588
Style: (MF) Duplex Side X Side
Total Finished Sqft: 3862.00
Lake/Waterfront Name: Budd
Garage Stalls: 2
Lot Dimensions: 90 x 153
Acres: 0.33
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Deck; Dock; Patio; Porch Basement: Partially Finished; Storage Space; Tile Shower Construction Materials: Block Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Free and Clear Exterior: Aluminum Siding Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water Lock Box Type: SentriLock Lot Description: Tree Coverage - Heavy Owner Pays: All Utilities; Exterior Maintenance; Grounds Care; Insurance; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Rural Development; VA Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: None Unit 1 Amenities: Dock; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Patio; Sun Room; Washer/Dryer Hookup Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: 3/4 Basement; Jetted Tub; Main Floor 1/2 Bath; Separate Tub & Shower; Upper Level Full Bath Unit 1 Cooling: Central; Ductless Mini-Split Unit 1 Dining Room Description: Eat In Kitchen; Living/Dining Room Unit 1 Family Room Characteristics: Lower Level; Main Level Unit 1 Fireplace Char: Gas Burning Unit 1 Special Search: Main Floor Bedroom Unit 2 Amenities: Dock; Kitchen Window; Main Floor Primary Bedroom; Patio; Sun Room; Washer/Dryer Hookup Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Eat In Kitchen; Living/Dining Room Unit 2 Family Room Characteristics: Main Level Unit 2 Special Search: Main Floor Bedroom Water: City Water/Connected Waterfront Type: Lake Front; Shared; Lake View; Dock

Contract Information

Off Market Date: 2026-09-06
Contingency: None
Original List Price: 529900
ListPrice: 399000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1334
Street Name: Oak Beach
Street Suffix: Drive
Postal City: Fairmont
County: Martin
State: MN
Zip Code: 56031
Complex/Dev/Subdivision: Oak Beach

Assessments

Tax With Assessments: 6388

Building Information

Finished SqFt Above Ground: 3068
Finished SqFt Below Ground: 794

More Information

Income and Expenses

Annual Gross Income: 6000

Lake Details

Lake Acres: 227
Lake Depth: 23

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: WCAR

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 21 x 11
Garage Square Feet: 528

Unit 1

Furnished?: No
Leased?: No
Level: Multi-Level
Unit Number: Yes
# of Fireplaces: Yes
1/2 Baths: Yes
3/4 Baths: Yes
Finished SqFt: 2328
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: 3
Total Bedrooms: 3
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2025-09-30
Leased?: Yes
Level: Multi-Level
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 6000
Finished SqFt: 1534
Full Baths: Yes
Monthly Rent: 500
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 2

Listing Office: Edina Realty

Last Updated: October - 05 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

1334 Oak Beach Drive, Fairmont, MN 56031 (MLS# 6755532)