Opportunity awaits! This well-maintained duplex offers a fantastic opportunity to step into homeownership while also enjoying the benefits of an income-producing property. Whether you’re looking to add to your investment portfolio or purchase your first property and offset your monthly expenses with rental income from the second unit, this one is worth a look. Both units feature nice updates throughout while maintaining a comfortable, welcoming feel. With two separate living spaces, this property offers flexibility for an owner-occupant or investor alike. Live in one unit and rent the other, or utilize both as rental opportunities—the choice is yours! If you’ve been looking for a smart way to get started in real estate ownership, this home offers an exciting combination of versatility, potential, and value. Schedule your showing and come see the possibilities this duplex has to offer!
Active
$284,500
815 2nd Ave NW, Faribault, MN 55021
5beds
5baths
2,398sqft
Duplex Side by Side
Built in 1900
-- sqft lot
$279,000 Zestimate®
$119/sqft
$-- HOA
What's special
Comfortable welcoming feelTwo separate living spacesNice updates throughout
- 5 days
- 219
- 16
Zillow last checked:
Listing updated:
Listed by:
Lacie Nelson 952-873-9333,
eXp Realty,
Morgan Almendinger 507-649-4010
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7143175
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,350
- Total interior livable area: 2,398 sqft
- Finished area above ground: 2,398
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck, Front Porch
- Fencing: Chain Link
Lot
- Size: 5,837 Square Feet
- Dimensions: 66 x 89
Details
- Foundation area: 952
- Parcel number: 1830450040
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Materials
- Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Paquins 2nd Add
HOA
- Amenities included: Deck, Porch
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $246,100
- Annual tax amount: $3,690
- Date on market: 9/21/2026
Estimated market value
$279,000
$265,000 - $293,000
$1,496/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Listed for sale | $284,500+26.4%$119/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7143175 Report a problem | ||
| 10/12/2022 | Sold | $225,000+19.7%$94/sqft |
Source: Public Record Report a problem | ||
| 1/7/2020 | Sold | $188,000-6%$78/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5322483 Report a problem | ||
| 12/9/2019 | Pending sale | $199,900$83/sqft |
Source: Engel & V�lkers Minneapolis Lake Minnetonka #5322483 Report a problem | ||
| 10/16/2019 | Listed for sale | $199,900+48.9%$83/sqft |
Source: Engel & Volkers Lake Minnetonka #5322483 Report a problem | ||
| 5/14/2019 | Listing removed | $1,150 |
Source: Owner Report a problem | ||
| 5/6/2019 | Price change | $1,150-4.2% |
Source: Owner Report a problem | ||
| 3/23/2019 | Price change | $1,200-7.7%$1/sqft |
Source: Owner Report a problem | ||
| 3/9/2019 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 10/12/2018 | Sold | $134,272-4.1%$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4994026 Report a problem | ||
| 8/30/2018 | Pending sale | $140,000$58/sqft |
Source: Faribault - WEICHERT, REALTORS - Heartland #4994026 Report a problem | ||
| 8/17/2018 | Listed for sale | $140,000$58/sqft |
Source: Faribault - WEICHERT, REALTORS - Heartland #4994026 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55021
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