Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This 2-unit residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. Main floor 1BR/1BA apartment and 2BR/2BA upper floor apartment. Potential to add studio type apartment in lower level. With diligence, patience, and a strategic approach, investing in this low-cost property can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition. Seller has paid in-full the special assessment for the current street reconstruction.
The median home value in Fergus Falls, MN is $171,300. This is lower than the county median home value of $283,400. The national median home value is $338,100. The average price of homes sold in Fergus Falls, MN is $171,300. Approximately 59.73% of Fergus Falls homes are owned, compared to 32.99% rented, while 7.28% are vacant. Fergus Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fergus Falls real estate agent to arrange a tour today!
Fergus Falls, Minnesota 56537 has a population of 13,969. Fergus Falls 56537 is less family-centric than the surrounding county with 24.16% of the households containing married families with children. The county average for households married with children is 26.89%.
The median household income in Fergus Falls, Minnesota 56537 is $45,327. The median household income for the surrounding county is $63,587 compared to the national median of $69,021. The median age of people living in Fergus Falls 56537 is 44.9 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of -0.2 degrees. The average rainfall is approximately 24.7 inches per year, with 46.6 inches of snow per year.