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Off market
  • $270,100

    815 2nd Ave NW, Faribault, MN 55021

    5beds
    2,398sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $270,100 Zestimate®
    $113/sqft
    $1,476 Estimated rent

    Home value

    $270,100

    $254,000 - $289,000

    $1,476/mo

    Zestimate® history
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    $1,656/mo

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    $1,656/mo

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    What's special

    Super Strong cash flow with rents at $1,150 and $1,000 per side. This is the best floor plan you could ask for! Side x Side Duplex, high ceilings, old charm, with shared laundry and updates throughout! You could also live in one side, rent out the other. Unit #1 consists of 3 beds with one on the main and two upstairs with a 1/2 bath, walk in closets, large kitchen, two living rooms and two bathrooms new paint, flooring, light fixtures, bathrooms. The 2nd unit has 2 upper level bedrooms, two living rooms, and a full bathroom, new paint, light fixtures, flooring, bathroom. The Duplex has separate utilities, newer windows in 2nd unit and new roof in 2018, combined with metal siding and newly refinished hardwood floors throughout it has very little maintaince and is easy to take care of between tenants! This one won't last long, with the strong cash flow and easy to maintain it is the perfect investment property. Both tenants are leased through May 2020 and Sep 2020. 2020-01-17

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Radiant, Gas, Other
    Cooling
    • None
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,398 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off-street
    Features
    • Exterior features: Metal
    Lot
    • Size: 5,880 sqft
    Details
    • Parcel number: 1830450040
    • Zoning: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: City Sewer/Connected

    Community & neighborhood

    Location
    • Region: Faribault

    Other

    Other facts
    • Fence: Wire, Wood
    • CONSTRUCTIONSTATUS: Previously Owned
    • PresentUse: Yearly
    • Sewer: City Sewer/Connected
    • Status: Active
    • Water: City Water/Connected
    • Fuel: Natural Gas
    • Roof: Asphalt Shingles, Age 8 Years or Less
    • Zoning: Residential-Multi-Family
    • Basement: Unfinished
    • FrontageFeet: City
    • HeatingDescription: Hot Water
    • Exterior: Metal
    • GarageDescription: Uncovered/Open, Driveway - Asphalt, More Parking Onsite for Fee
    • Style: (MF) Duplex Side X Side
    • TaxYear: 2019.00

    Price history

    DateEventPrice
    10/12/2022Sold$225,000+19.7%$94/sqft
    Source: Public Record Report a problem
    1/7/2020Sold$188,000-6%$78/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5322483 Report a problem
    12/9/2019Pending sale$199,900$83/sqft
    Source: Engel & V�lkers Minneapolis Lake Minnetonka #5322483 Report a problem
    10/16/2019Listed for sale$199,900+48.9%$83/sqft
    Source: Engel & Volkers Lake Minnetonka #5322483 Report a problem
    5/14/2019Listing removed$1,150
    Source: Owner Report a problem
    5/6/2019Price change$1,150-4.2%
    Source: Owner Report a problem
    3/23/2019Price change$1,200-7.7%$1/sqft
    Source: Owner Report a problem
    3/9/2019Listed for rent$1,300$1/sqft
    Source: Owner Report a problem
    10/12/2018Sold$134,272-4.1%$56/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4994026 Report a problem
    8/30/2018Pending sale$140,000$58/sqft
    Source: Faribault - WEICHERT, REALTORS - Heartland #4994026 Report a problem
    8/17/2018Listed for sale$140,000$58/sqft
    Source: Faribault - WEICHERT, REALTORS - Heartland #4994026 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,534 +10.9%$246,100 +4.1%
    2024$3,186 +6.4%$236,400 +5.9%
    2023$2,994 +39.9%$223,300 +10.2%
    2022$2,140 +12.9%$202,700 +12.6%
    2021$1,896 +25.6%$180,000 +11%
    2020$1,510 $162,100 +18.8%
    2019$1,510 +70%$136,400 +50.4%
    2018$888 +2.1%$90,700 +3.2%
    2017$870 +11.5%$87,900 +9.2%
    2016$780 $80,500 +2.5%
    2015$780 -4.6%$78,500 -6.2%
    2014$818 -12.6%$83,700
    2013$936 -25.4%--
    2012$1,254 --
    2011$1,254 +17.4%--
    2010$1,068 -5.2%--
    2009$1,126 -6.2%--
    2008$1,200 +10.3%--
    2007$1,088 +14%--
    2006$954 +28.6%--
    2004$742 +10.4%--
    2003$672 +9.1%--
    2002$616 -29.2%--
    2001$870 --

    Find assessor info on the county website

    Neighborhood: 55021

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 656 - Faribault

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $270,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $270,100