CASH flow! Price is for 3 townhomes and each have their own PID. Great opportunity to own 3 units in one building for rental income. 934 Willow Street is an end unit and both 942 & 946 Willow Street are middle units. Each unit is 2 beds and 1 full bathroom upstairs and 1 quarter bath in the lower level. Opportunity to add more living space in the lower level and expand the quarter bathroom to a 3/4 or full bathroom if desired. Each unit has its own detached garage space(10X24) The roof was replaced by association in 2022. Owner pays association dues of $125 per month, per unit(covers trash, insurance, snow removal & lawn care). Tenants pay all other utilities, including water. Unit 934 could have a 3rd bedroom. Has an egress window and closet framed out but not completed. Other 2 units do not have a lower level egress window. Total Operating expenses per year $8,354 ($3,854 taxes + $4,500 association dues) $40,200 - $8,354 = $31,846 (NOI)
Closed
$347,500
934 Willow St, Faribault, MN 55021
6beds
6baths
2,686sqft
Multi Family
Built in 1968
-- sqft lot
$304,500 Zestimate®
$129/sqft
$1,281 Estimated rent
Home value
$304,500
$277,000 - $332,000
$1,281/mo
Zestimate® history
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$1,281/mo
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$1,281/mo
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$2,120/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Twin Cities Home Group 952-324-0015,
Real Broker, LLC,
Brad Lacher 952-200-1994
Bought with:
Rose Watschke
WGRB Properties LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6422013
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Baseboard, Boiler
Appliances
- Laundry: In Basement, In Unit
Features
- Basement: Block
Interior area
- Total structure area: 2,686
- Total interior livable area: 2,686 sqft
- Finished area above ground: 2,286
- Finished area below ground: 400
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
- Details: Garage Dimensions (12x24), Garage Door Height (7)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck, Front Porch, Porch
- Pool features: None
- Fencing: None
Lot
- Size: 348.48 sqft
- Features: Tree Coverage - Light
- Topography: Level
Details
- Foundation area: 1143
- Additional parcels included: 1806202002,1806202006
- Parcel number: 1806202008
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Faribault
- Subdivision: Common Interest Cmnty 48 Will
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2025 | Listed for rent | $1,350+35.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/4/2023 | Sold | $347,500+2.2%$129/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6422013 Report a problem | ||
| 9/20/2023 | Pending sale | $340,000$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6422013 Report a problem | ||
| 8/22/2023 | Listed for sale | $340,000+230.1%$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6422013 Report a problem | ||
| 11/28/2019 | Listing removed | $995 |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 9/4/2019 | Listed for rent | $995+3.1% |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 8/4/2018 | Listing removed | $965 |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 7/9/2018 | Listed for rent | $965 |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 12/2/2017 | Listing removed | $965 |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 11/9/2017 | Price change | $965-3% |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 9/28/2017 | Listed for rent | $995 |
Source: Deichelbohrer Properties, LLC Report a problem | ||
| 12/1/2006 | Sold | $103,000-60.7%$38/sqft |
Source: Public Record Report a problem | ||
| 12/20/2001 | Sold | $262,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,556 +6% | $129,900 +4.5% |
| 2024 | $1,468 +2.8% | $124,300 +1.4% |
| 2023 | $1,428 +18.2% | $122,600 +6.6% |
| 2022 | $1,208 +6.9% | $115,000 +27.4% |
| 2021 | $1,130 +3.9% | $90,300 +7.9% |
| 2020 | $1,088 | $83,700 +1.9% |
| 2019 | $1,088 +1.7% | $82,100 +3.1% |
| 2018 | $1,070 +12.6% | $79,600 +16.4% |
| 2017 | $950 +15% | $68,400 +3.5% |
| 2016 | $826 | $66,100 +8.2% |
| 2015 | $826 -37.2% | $61,100 -1.1% |
| 2014 | $1,316 +70% | $61,800 |
| 2013 | $774 -10.8% | -- |
| 2012 | $868 | -- |
| 2011 | $868 +95.5% | -- |
| 2010 | $444 -36.6% | -- |
| 2009 | $700 -11.6% | -- |
| 2008 | $792 -7.5% | -- |
| 2007 | $856 +2.4% | -- |
| 2006 | $836 | -- |
Find assessor info on the county website
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$304,500
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Estimated market value
$304,500
- Minnesota
- Rice County
- Faribault
- 55021
- 934 Willow St
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