OFF MARKET

Off market may 2022 for $138K

$188,477

Est. refi paymentEst. refi $892/mo

•

—

sq ft

4 1st Ave SW, Faribault, MN 55021

About this home

Come and check out this 2 until duplex in the heart of Faribault! Each unit consists of 1 bed, 1 bath, living room and kitchen. Laundry available on site, garage parking, updated windows and amenities. Home location allows quick access to downtown, restaurants, community center and groceries. Lower unit has the ability to add a second bedroom once office space is cleared out. Schedule a showing today!

Multi-familyProperty Type

1900Year Built

7,840 sq ftLot Size

2 garage spacesParking

Listed by Evan Knutson • Weichert, REALTORS- Heartland

Redfin checked: a few seconds ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6152118

Redfin Estimate

$188,477

$50K since sold in May 2022$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.4% lower than the average sale price ($240K) of 6 comparable homes.

SOLD SEP 25, 2026
$197,900
A
3 beds2 baths— sq ft
303 Willow St, Faribault, MN 55021
SOLD JUL 8, 2026
$230,000
B
3 beds2 baths— sq ft
504 1st St NW, Faribault, MN 55021
SOLD JUL 1, 2026
$216,000
C
3 beds2 baths— sq ft
531 2nd St NW, Faribault, MN 55021
SOLD SEP 18, 2026
$198,000
D
3 beds2 baths— sq ft
415 Francis St, Faribault, MN 55021
SOLD JUL 30, 2026
$321,500
E
3 beds2 baths— sq ft
825 5th Ave SW, Faribault, MN 55021
SOLD OCT 1, 2026
$275,000
F
3 beds2 baths— sq ft
907 Willow St S, Faribault, MN 55021

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Earn from this home

Refinance

Est. cash available

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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 4 1st Ave SW

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6152118

May 20, 2022

Sold

$138,000

Apr 11, 2022

Pending

—

Mar 31, 2022

Contingent

—

Mar 29, 2022

Relisted

—

Mar 24, 2022

Contingent

—

Mar 9, 2022

Price Changed

$154,900

Feb 16, 2022

Listed

$165,000

Public Records

Dec 23, 2004

Sold

$135,000

Public Records

Oct 6, 2003

Sold

$92,000

NORTHSTARMLS as Distributed by MLS Grid #1491393

Oct 7, 2000

Listing Removed

—

Apr 7, 2000

Listed

$79,900

Year

Property tax

Land + Additions

Assessment*

2026

$2,376 (+6.4%)

$53,300 + $103,700

$157,000

2025

$2,234 (+5.7%)

$50,100 + $98,300

$148,400

2024

$2,114 (+7.3%)

$50,100 + $97,100

$147,200

2023

$1,970 (−29.0%)

$50,100 + $82,400

$132,500

2022

$2,774 (+9.0%)

$40,400 + $134,300

$174,700

2021

$2,544 (+5.1%)

$38,800 + $119,800

$158,600

2020

$2,420 (+7.0%)

$38,800 + $115,000

$153,800

2019

$2,262 (+7.3%)

$35,500 + $105,500

$141,000

2018

$2,108 (+23.9%)

$32,300 + $95,300

$127,600

2017

$1,702 (+12.6%)

$32,300 + $88,500

$120,800

2015

$1,512 (−4.1%)

$25,800 + $84,300

$110,100

2014

$1,576 (+7.2%)

$25,800 + $79,100

$104,900

2013

$1,470

$25,800 + $79,100

$104,900

Tax history for 4 1st Ave SW

Year

Property tax

Land + Additions

Assessment*

2026

$2,376 (+6.4%)

$53,300 + $103,700

$157,000

2025

$2,234 (+5.7%)

$50,100 + $98,300

$148,400

2024

$2,114 (+7.3%)

$50,100 + $97,100

$147,200

2023

$1,970 (−29.0%)

$50,100 + $82,400

$132,500

2022

$2,774 (+9.0%)

$40,400 + $134,300

$174,700

2021

$2,544 (+5.1%)

$38,800 + $119,800

$158,600

2020

$2,420 (+7.0%)

$38,800 + $115,000

$153,800

2019

$2,262 (+7.3%)

$35,500 + $105,500

$141,000

2018

$2,108 (+23.9%)

$32,300 + $95,300

$127,600

2017

$1,702 (+12.6%)

$32,300 + $88,500

$120,800

2015

$1,512 (−4.1%)

$25,800 + $84,300

$110,100

2014

$1,576 (+7.2%)

$25,800 + $79,100

$104,900

2013

$1,470

$25,800 + $79,100

$104,900

*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

8 ft.

Lot depth

10 ft.

Lot size

7,840

Year renovated

1900

Sq. Ft.

2,165

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Rice County

APN

1831426017

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Nov 17, 2022.

R-3

Medium Density Residential District

The R-3, Medium Density Residential District, is established to provide for an environment of predominantly medium density apartments and congregate living arrangements, and single and two-family dwellings, along with directly related, complementary uses. It is intended that where an R-3, Medium 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 plat approval.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Park & open space

Property details

Parking

Parking Information
Parking Features: Attached Garage, Concrete
Garage Spaces: 2
Garage Sq. Ft.: 400

Interior

Basement Information
Has Basement
Basement Features: Full, Stone/Rock

Heating & Cooling
Heating Information: Forced Air

Exterior

Building Information
Construction Materials: Slate
Foundation Area: 810
Roof: Asphalt

Property Information
Above Ground Total Sq. Ft.: 2,165
Below Ground Total Sq. Ft.: 810
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Up and Down
Above Grade Finished Area: 2,165
Range Num: Two

Lot Information
Lot Features: Corner Lot
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Dimensions: 75X78
Road Frontage Type: City Street

Financial

Assessment Information
Other Annual Assessment Amount: $40

Tax Information
Tax Annual Amount: $2,504
Tax Year: 2021
Tax With Assessments: $2,544

Lease / Rent Details
Rental License Type: Standard
RentalLicense Y/N: Yes

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

Multi-Family Financial Information
Owner Pays: Electricity, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Water Sewer Expense: $584
Trash Expense: $344
Electric Expense: $1,598
Insurance Expense: $967
Maintenance Expense: $75
Other Expense: $561
Gross Income: $16,500

Multi-Unit Information
# of Units (Total): 2

Unit Type 1 Information
Sq. Ft.: 1,082
# of Rooms Total: 3
# of Bedrooms: 1
# of Bathrooms: 1
# of Three Quarter Bathrooms: 1
# of Fireplaces: 1
Appliances: Dryer, Gas Water Heater, Range
Amenities: Ceiling Fan(s)
# of Units: 1

Unit Type 2 Information
Sq. Ft.: 1,082
# of Rooms Total: 3
# of Bedrooms: 1
# of Bathrooms: 1
# of Full Bathrooms: 1
Appliances: Gas Water Heater, Range
Amenities: Ceiling Fan(s)
# of Units: 1

School Information
High School District: Faribault
School District Number: 656
School District Phone: 507-333-6016

Location Information
Directions: Use GPS
Map Coordinate: 999-A1

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,165
Stories: 2.0
Parking Spaces: 4
Basement: Yes
Accessible: No
Lot Size: 7,840 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1900
County: Rice County
APN: 1831426017
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Nov 17, 2022

Other

Green Information
Green Certified Status: Certified

Home Information
Living Area: 2165
Main Level Finished Area: 1082.0000
Building Area Total: 2975
Age Of Property: 125
Levels: Two

Around this home

Schools

K - 12
Preschool & daycare

Roosevelt Elementary School

Public PreK-5 • Assigned • 1.1mi

7/10

Faribault Middle School

Public 6-8 • Assigned • 1.4mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.8mi

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

In this area, properties receive around 10.2 hours in June and 3.7 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$180,000 – $217,000

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

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Home values near 4 1st Ave SW

Data from public records.

Address	Redfin Estimate
118 1st St SW, Faribault, MN 4 Beds \| 2.5 Baths \| 1681 Sq. Ft.	$252,193
114 1st St SW, Faribault, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$245,777
21 1st Ave SW, Faribault, MN 3 Beds \| 1 Baths \| 2152 Sq. Ft.	$222,373
110 Division St W, Faribault, MN 1 Beds \| 1 Baths \| 950 Sq. Ft.	$96,548
24 Division St W, Faribault, MN 4 Beds \| 2 Baths \| 1946 Sq. Ft.	$191,196
9 2nd Ave SW, Faribault, MN 4 Beds \| 3.5 Baths \| 2921 Sq. Ft.	$328,889

Address	Redfin Estimate
113 1st St NW, Faribault, MN 5 Beds \| 7 Baths \| 2944 Sq. Ft.	$378,970
16 1st Ave SW, Faribault, MN 4 Beds \| 1.5 Baths \| 1644 Sq. Ft.	$243,371
29 1st Ave SW, Faribault, MN 6 Beds \| 4 Baths \| 2356 Sq. Ft.	$264,614
23 2nd Ave SW, Faribault, MN 3 Beds \| 1.5 Baths \| 1992 Sq. Ft.	$301,068
5 2nd Ave NW, Faribault, MN 3 Beds \| 1 Baths \| 1164 Sq. Ft.	$201,612
31 Division St W, Faribault, MN 3 Beds \| 1 Baths \| 1497 Sq. Ft.	—

Address	Redfin Estimate
103 1st St NW, Faribault, MN - Beds \| 13 Baths \| 6178 Sq. Ft.	—
10 1st Ave SW, Faribault, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$226,396
113 Division St W, Faribault, MN 5 Beds \| 3 Baths \| 1504 Sq. Ft.	$250,009
3 2nd Ave SW, Faribault, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$331,443
15 2nd Ave SW, Faribault, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$291,239

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About this home

Redfin Estimate

Earn from this home

Market trends in 55021, MN

Sale history for 4 1st Ave SW

Tax history for 4 1st Ave SW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55021

Home values near 4 1st Ave SW

More real estate resources