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Sold on 08/05/2025

204 3rd Ave SW, Faribault, MN 55021

  • $290,000

    Last sold 08/05/2025 after 28 Days

  • —

    bed

  • —

    bath

  • 1,599

    Sqft ($181/Sqft)

Multi-family not for sale
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About 204 3rd Ave SW

Property type Multi-family
Neighborhood
Year built 1860
HOA fee $0/month
Lot size 0.25 Acre
Parking 2 garage spaces
Rental estimate
Property description
This is a turn-key duplex with tenants under lease, and very little annual maintenance needed. Quiet neighborhood across the street from Bethlehem Academy. Lots of updates have been completed. Beautiful hardwood floors on main floor. Live in one and pay your mortgage with income from the other. This could also be easily converted back to a single family home.
Listed by
Listing Agent - Mark D. Barry
Listing Office - Fathom Realty MN, LLC
Source: Northstar MLS mls logo
MLS#6750435 • last updated 10 months ago
Movoto checked Northstar MLS for data 1 minute ago
Overview
Heating Forced Air
Levels/Style One And One Half
MLS # 6750435
Type Residential Income
SubType Duplex Up And Down
Property Tax 2886
Tax Assessment 2926
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Accessibility Features None
Exterior
Construction Metal Siding, Wood Siding
# Garage Spaces 2
Parking Desc Detached
Lot Desc Corner Lot
Amenities / Utilities
Water Source City Water - In Street
Location
County Rice
Subdivision Daniel Faribaults Add
High School District Faribault
APN 1831301050
Multifamily Details
Tenant Pays Electricity, Trash Collection
Owner Pays Gas, Sewer
Total # of Units 2
Annual Gross Income 28200
Operating Expense 3550
Expense: Manager 3075
Expense: Insurance 1800
Expense: Maintenance 1000
Expense: Water/ Sewer 750
Expense: Fuel 1800
Expenses 6625
Lot/ Land Details
Road Frontage City Street
Present Use Yearly
Road Responsibility Public Maintained Road
We are not permitted to show value estimates for this property.
  • Jul 2025
    mls logo MLS # 6750435
  • Jul 7, 2025 Listed
    $305,000 (+335.7%)
  • Aug 2015
    mls logo MLS # 4621327
  • Aug 31, 2015 Sold
    $70,000 (-20.4%)
  • Aug 10, 2015 Pending
    —
  • Jul 9, 2015 Listed
    $87,900
  • 204 3rd Ave SW
    $290K
  • Daniel Faribaults Add
    —
  • 55021
    $349K -5% y/y
  • Faribault
    $354K -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Roosevelt Elementary School
public Grades PK, K-5
Faribault Public School District
2/10
Faribault Middle School
public Grades 6-8
Faribault Public School District
4/10
Faribault Senior High School
public Grades 9-12
Faribault Public School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Daniel Faribaults Add

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  • Rice County
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  • 204 3rd Ave SW
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