815 2nd Avenue NW Faribault, MN $ 284,500
815 2nd Avenue NW
$ 284,500
Share Save

815 2nd Avenue NW

Faribault, MN, 55021
$ 284,500
Bedrooms5 Baths2.1 Sq 2,398

Monthly Estimate*

$ 1,965

815 2nd Avenue NW, Faribault, MN 55021 - Image 1
815 2nd Avenue NW, Faribault, MN 55021 - Image 2
815 2nd Avenue NW, Faribault, MN 55021 - Image 3
815 2nd Avenue NW, Faribault, MN 55021 - Image 4
815 2nd Avenue NW, Faribault, MN 55021 - Image 5
815 2nd Avenue NW, Faribault, MN 55021 - Image 6
815 2nd Avenue NW, Faribault, MN 55021 - Image 7
815 2nd Avenue NW, Faribault, MN 55021 - Image 8
815 2nd Avenue NW, Faribault, MN 55021 - Image 9
815 2nd Avenue NW, Faribault, MN 55021 - Image 10
815 2nd Avenue NW, Faribault, MN 55021 - Image 11
815 2nd Avenue NW, Faribault, MN 55021 - Image 12
815 2nd Avenue NW, Faribault, MN 55021 - Image 13
815 2nd Avenue NW, Faribault, MN 55021 - Image 14
815 2nd Avenue NW, Faribault, MN 55021 - Image 15
815 2nd Avenue NW, Faribault, MN 55021 - Image 16
815 2nd Avenue NW, Faribault, MN 55021 - Image 17
815 2nd Avenue NW, Faribault, MN 55021 - Image 18
815 2nd Avenue NW, Faribault, MN 55021 - Image 19
815 2nd Avenue NW, Faribault, MN 55021 - Image 20
815 2nd Avenue NW, Faribault, MN 55021 - Image 21
815 2nd Avenue NW, Faribault, MN 55021 - Image 22
815 2nd Avenue NW, Faribault, MN 55021 - Image 23
815 2nd Avenue NW, Faribault, MN 55021 - Image 24
815 2nd Avenue NW, Faribault, MN 55021 - Image 25
815 2nd Avenue NW, Faribault, MN 55021 - Image 26
815 2nd Avenue NW, Faribault, MN 55021 - Image 27
815 2nd Avenue NW, Faribault, MN 55021 - Image 28
815 2nd Avenue NW, Faribault, MN 55021 - Image 29
815 2nd Avenue NW, Faribault, MN 55021 - Image 30
815 2nd Avenue NW, Faribault, MN 55021 - Image 31
815 2nd Avenue NW, Faribault, MN 55021 - Image 32
815 2nd Avenue NW, Faribault, MN 55021 - Image 33
815 2nd Avenue NW, Faribault, MN 55021 - Image 34
815 2nd Avenue NW, Faribault, MN 55021 - Image 35
815 2nd Avenue NW, Faribault, MN 55021 - Image 36

Multi-Family Home for sale in Faribault, MN

for $284,500 with 5 bedrooms and 2 full baths, 1 half bath. This 2,398 square foot home was built in 1900 on a lot size of 0.134.

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!

See more

Multi-Family Active

Price

$ 284,500

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 3,690

Style

Duplex Side by Side

Lot Size

0.134

Year Built

1900

Town/City

Faribault

County/Region

Rice

MLS | Web ID

7143175

Features
General
Living Area 2398
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less
Garage Spaces 0
Construction Materials Frame
Year Built 1900
Levels Two
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 38400
Accessibility None
County Rice
Net Operating Income 28436
Operating Expense 9964
Insurance Expense 2198
New Construction N
Property Type Residential Income
Association Amenities Deck Porch
Contingency None
MaintenanceExpense 1400
Subdivision Name Paquins 2nd Add
Directions Hwy 21 S to 7th St E to 2nd Ave NW N to Property.
City Faribault
High School District Faribault
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 3690
Electric Expense 420
Fuel Expense 1800
Trash Expense 1296
Water Sewer Expense 550
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
See more
Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2398
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
See more
Exterior
Fencing Chain Link
Parking Features Concrete
Water Source City Water/Connected
Lot Size Area 0.134
Building Area Total 3350
Lot Dimensions 66x89
Waterfront Y/N N
Foundation Area 952
Road Responsibility Public Maintained Road
See more
Internal Only
Street Number 1 815
See more
* Excluded Features
List By
Exp Realty

Broker

lacie.hackergroup@gmail.com

Email

Affordability Calculator

$2,272
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,965
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$284,500 Listed Price

Map


See all

815 2nd Avenue NW, Faribault, MN, 55021 is a Multi-Family Home for sale at $284,500 with 2,398 sqft and a lot size of 0.134. 815 2nd Avenue NW has 5 bedrooms, 2.1 baths, and was built in 1900. The property's zip code is 55021 which is in Faribault, MN