Perfect starter home in a great location. 3 bedrooms on the upper level along with a full bath. The kitchen includes an informal dining area. Large formal dining room and spacious living room. Huge deck and yard perfect for entertaining. Schedule a tour today and make this your new home.
Single-familyProperty Type
1925Year Built
7,405 sq ftLot Size
1 car garageParking
Listed by Thomas Wright• Keller Williams Preferred Rlty
Awesome starter home or possibly your newest investment property in Faribault! Amazing location near Divine Mercy & Bethlehem Academy and a few short steps to Garfield Park! Move in ready and livable as is, but has the potential to be amazing with the right updates! Classy key features include: Clawfoot tub, solid millwork and trim, and hardwood floors. Newer roof and some updated mechanicals! Comfy front porch and very large back deck. All bedrooms on the same level! Owner selling as is! Enjoy!
NORTHSTARMLS as Distributed by MLS Grid #4940002
May 9, 2018
Sold
$100,000
Apr 17, 2018
Pending
—
Apr 13, 2018
Listed
$99,900
+15
A pure classic in the heart of Faribault! Amazing location near Divine Mercy & Bethlehem Academy and a few short steps to Garfield Park! Livable as-is, but amazing potential with the right updates! Cool original features: Clawfoot tub, SOLID millwork and trim, and we bet there are hardwood floors hidden under the retro carpet! New roof and some updated mechanicals! Big, cozy front porch! Deck and garage out back! 3 beds upstairs! Own for less than rent, or buy to rent it! Investors welcome!
Year
Property tax
Land + Additions
Assessment*
2026
$1,682 (+3.2%)
2025
$1,630 (−10.7%)
2024
$1,826 (+1.7%)
$35,500 + $117,900
$153,400
2023
$1,796 (+8.5%)
$35,500 + $110,000
$145,500
2022
$1,656 (+8.7%)
$28,600 + $96,400
$125,000
2021
$1,524 (+3.7%)
$27,500 + $86,500
$114,000
2020
$1,470 (+26.9%)
$27,500 + $84,600
$112,100
2019
$1,158 (+14.0%)
2018
$1,016 (−0.4%)
2017
$1,020 (+7.1%)
2015
$952 (−1.0%)
2014
$962 (+9.8%)
2013
$876
Tax history for 123 4th Ave SW
Year
Property tax
Land + Additions
Assessment*
2026
$1,682 (+3.2%)
2025
$1,630 (−10.7%)
2024
$1,826 (+1.7%)
$35,500 + $117,900
$153,400
2023
$1,796 (+8.5%)
$35,500 + $110,000
$145,500
2022
$1,656 (+8.7%)
$28,600 + $96,400
$125,000
2021
$1,524 (+3.7%)
$27,500 + $86,500
$114,000
2020
$1,470 (+26.9%)
$27,500 + $84,600
$112,100
2019
$1,158 (+14.0%)
2018
$1,016 (−0.4%)
2017
$1,020 (+7.1%)
2015
$952 (−1.0%)
2014
$962 (+9.8%)
2013
$876
*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
3
Baths
1
Stories
1.5
Lot width
4 ft.
Lot depth
17 ft.
Lot size
7,260 Sq. Ft.
Year renovated
1925
Sq. Ft.
1,177
Year built
1925
Style
Single Family Residential
County
Rice County
APN
1831301045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-2
Low Density Residential District
The R-2, Low Density Residential District, is established to provide for an environment of predominantly low density residential uses, including detached and attached single family homes, duplexes, three- and four-unit multi-family dwellings, along with directly related, complementary uses. It is intended that where an R-s, Low Density Residential District directly abuts a zoning district of higher or 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 plan approval.