Google street view image for 1077 SW 2nd St, Faribault, MN 55021

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Sold

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Est. refi paymentEst. refi $5,170/mo

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•

— ba

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15,353

sq ft

1077 SW 2nd St, Faribault, MN 55021

About this home

Well maintained 12 unit apartment building built in 2001. All 2 bedroom units, all currently rented. Current rent is $600 per month + heat, electric and water. Garages rent for an additional $50.00 / month. Scheduled rent increases begin May 1st ranging f

2000Year Built

1.57 acresLot Size

$52Price/Sq.Ft.

10 spacesParking

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 55021, MN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.8%

+0.6% MoM

Median sale price

$282K

$21K MoM

Avg. days on market

30d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

$344,900
6 beds2 baths3,024 sq ft
18166 Faribault Blvd, Faribault, MN 55021
$207,000
4 beds2 baths1,892 sq ft
22 2nd St SE, Faribault, MN 55021
3D WALKTHROUGH
$219,900
2 beds2 baths1,289 sq ft
1020 1st St NW, Faribault, MN 55021
$360,000
3 beds3 baths2,503 sq ft
2245 198th St W, Faribault, MN 55021
$325,000
3 beds3 baths2,448 sq ft
1118 Kingswood Cres, Faribault, MN 55021
$424,900
3 beds3 baths2,322 sq ft
2105 14th St NE, Faribault, MN 55021
$675,000
2 beds3 baths2,711 sq ft
3673 Chappuis Trl, Faribault, MN 55021
$430,000
4 beds3 baths2,051 sq ft
2416 14th St NE, Faribault, MN 55021
$720,000
4 beds4 baths3,594 sq ft
17650 Cannon City Blvd, Faribault, MN 55021
$439,900
5 beds3 baths2,874 sq ft
1520 Trailwood Ln SW, Faribault, MN 55021
See all

Provided by Redfin

Sale history for 1077 SW 2nd St

Date

Event

Price

Public Records

Jun 26, 2007

Sold

$795,000

$52/sq ft

NORTHSTARMLS as Distributed by MLS Grid #3339517

May 10, 2007

Sold

$795,000

$52/sq ft

Mar 16, 2007

Listing Removed

—

Mar 1, 2007

Listed

$795,000

$52/sq ft

NORTHSTARMLS as Distributed by MLS Grid #SEMN2927610

Mar 6, 2007

Listed

$795,000

$52/sq ft

Public Records

Aug 31, 1999

Sold

$85,000

$6/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$15,440 (+1.2%)

$144,000 + $878,500

$1,022,500

2025

$15,262 (+9.3%)

$144,000 + $872,300

$1,016,300

2024

$13,968 (+5.3%)

$132,000 + $842,400

$974,400

2023

$13,264 (+17.9%)

$132,000 + $762,100

$894,100

2022

$11,248 (−0.3%)

$132,000 + $571,200

$703,200

2021

$11,282 (+7.0%)

$132,000 + $567,300

$699,300

2020

$10,544 (−1.8%)

$132,000 + $534,000

$666,000

2019

$10,734 (−4.9%)

$132,000 + $534,300

$666,300

2018

$11,290 (−3.3%)

$132,000 + $549,800

$681,800

2017

$11,680 (+6.1%)

$132,000 + $549,800

$681,800

2015

$11,010 (−8.8%)

$141,100 + $522,200

$663,300

2014

$12,068 (+6.0%)

$141,100 + $522,200

$663,300

2013

$11,380

$141,100 + $522,200

$663,300

Tax history for 1077 SW 2nd St

Year

Property tax

Land + Additions

Assessment*

2026

$15,440 (+1.2%)

$144,000 + $878,500

$1,022,500

2025

$15,262 (+9.3%)

$144,000 + $872,300

$1,016,300

2024

$13,968 (+5.3%)

$132,000 + $842,400

$974,400

2023

$13,264 (+17.9%)

$132,000 + $762,100

$894,100

2022

$11,248 (−0.3%)

$132,000 + $571,200

$703,200

2021

$11,282 (+7.0%)

$132,000 + $567,300

$699,300

2020

$10,544 (−1.8%)

$132,000 + $534,000

$666,000

2019

$10,734 (−4.9%)

$132,000 + $534,300

$666,300

2018

$11,290 (−3.3%)

$132,000 + $549,800

$681,800

2017

$11,680 (+6.1%)

$132,000 + $549,800

$681,800

2015

$11,010 (−8.8%)

$141,100 + $522,200

$663,300

2014

$12,068 (+6.0%)

$141,100 + $522,200

$663,300

2013

$11,380

$141,100 + $522,200

$663,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.57 Acres

Year renovated

2000

Sq. Ft.

15,353

Year built

2000

Style

Other

County

Rice County

APN

1836405002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R-4

High Density Residential District

The R-4, High Density Residential District, is established to provide for an environment of predominantly high-density apartments and congregate living arrangements, along with directly related, complementary uses. It is intended that where an R-4, High Density Residential District directly abuts a zoning district of lower density, a transition from existing uses to new uses be provided. Such transition may be accomplished by a continuation of similar uses to the extent possible given allowable uses within the district, landscape buffering as provided in Chapter 4, or both, as required by the City in conjunction with plat approval.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Educational/school
Fire house
Library
Police station
Park & open space

Property details

Around this home

Schools

K - 12
Preschool & daycare

Jefferson Elementary School

Public PreK-5 • Assigned • 0.5mi

4/10

Faribault Middle School

Public 6-8 • Assigned • 1.3mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Faribault, MN • 55021

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Faribault. 3 minutes to get started.

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New listings for sale in 55021

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Private lakeshore • Stunning lake views • Easy lake access

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4 beds3 baths2,051 sq ft

2416 14th St NE, Faribault, MN 55021

0.23 acre lot • 3 garage spots • Built 2022

$720,000

4 beds4 baths3,594 sq ft

17650 Cannon City Blvd, Faribault, MN 55021

Lake front home • Open floor plan • Custom details

Home values near 1077 SW 2nd St

Data from public records.

Address	Redfin Estimate
1070 2nd St SW, Faribault, MN 3 Beds \| 2 Baths \| 1352 Sq. Ft.	$200,128
913 2nd St SW, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$273,135
1025 2nd St SW, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$264,021
926 2nd St SW, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$249,530
939 2nd St SW, Faribault, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$171,891
918 2nd St SW, Faribault, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$236,080
922 3rd St SW, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$297,052

Address	Redfin Estimate
946 2nd St SW, Faribault, MN 3 Beds \| 1 Baths \| 1262 Sq. Ft.	$231,027
935 2nd St SW, Faribault, MN 3 Beds \| 1.5 Baths \| 1978 Sq. Ft.	$193,556
954 2nd St SW, Faribault, MN 3 Beds \| 1.5 Baths \| 1584 Sq. Ft.	$241,732
934 2nd St SW, Faribault, MN 3 Beds \| 1.5 Baths \| 2058 Sq. Ft.	$228,261
923 2nd St SW, Faribault, MN 2 Beds \| 1.5 Baths \| 1850 Sq. Ft.	$182,787
940 2nd St SW, Faribault, MN - Beds \| - Baths \| - Sq. Ft.	$278,607
1010 3rd St SW, Faribault, MN 3 Beds \| 3 Baths \| 2032 Sq. Ft.	$283,717

Address	Redfin Estimate
1019 2nd St SW, Faribault, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$217,410
940 2nd St SW, Faribault, MN 3 Beds \| 1.5 Baths \| 1960 Sq. Ft.	$244,648
956 2nd St SW, Faribault, MN 3 Beds \| 1 Baths \| - Sq. Ft.	$207,751
945 2nd St SW, Faribault, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$238,058
917 2nd St SW, Faribault, MN 3 Beds \| 2.5 Baths \| 1674 Sq. Ft.	$249,683
930 3rd St SW, Faribault, MN 5 Beds \| 4 Baths \| - Sq. Ft.	$380,115
1002 3rd St SW, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$287,254

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1077 SW 2nd St, Faribault, MN 55021

About this home

Redfin Estimate

Market trends in 55021, MN

Sale history for 1077 SW 2nd St

Tax history for 1077 SW 2nd St

Public record

Property details

Public facts

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55021

Home values near 1077 SW 2nd St

More real estate resources

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