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Triplex and Single-Family Residence
For Sale
$350,000

600 Oak Street, Farmington, MN 55024

MULTI_FAMILY - Farmington, MN

Property Size4,306 SF
Lot Size0.25 Acres
Price / SF$81.28
Days on Market89

Property Features for 600 Oak Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Residential-Multi-Family
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 3, Basement, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
Exterior features Fiber Board
Subdivision Humphreys Add
High school district Farmington
Directions Highway 3 to Oak Street. Head west on Oak to 6th. House is on the corner.
Standard status Active
APN 143390002013
Size 4,306 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6484

Utilities

Heating system Oil

Building Details

Year built 1900
Listing Agency: Metzen Realty and Associates CO.
Listed By: Travis Metzen
Added: May 19 Changed: Aug 7 Last Checked: Aug 14 at 11:06PM
MLS# 7078257

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

For sale at 600 Oak Street, Farmington, MN 55024: an updated triplex combined with a separate single-family residence, all on one parcel. The triplex features one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. The single-family home is a 2-bedroom, 1-bath layout. The triplex units are described as updated within the last five years, including updated kitchens, baths, flooring, and fixtures.

The property includes off-street parking and is positioned for convenient access to downtown amenities, schools, and public transportation.

Key Highlights

  • Updated triplex plus separate single‑family home on one parcel in Farmington
  • Triplex unit mix: 1 one‑bedroom/1‑bath unit and two two‑bedroom/1‑bath units
  • All triplex units updated within the last five years with updated kitchens, baths, flooring, and fixtures

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Bakery Spa & Massage Center Barber Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 55024, MN

35,948
Population
12,840
Households
2.8
Avg Household Size
35
Median Age
37%
College-Educated
94%
High-School Grad
85.1 sq mi
ZIP Area
422
Density / Sq Mi
$123,582
Median Household Income
$61,349
Median Earnings
$1,427
Median Rent
$350,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Updated triplex plus a separate 2-bedroom, 1-bath single-family home on one parcel with off-street parking.
Where is this triplex located?
The property is located at 600 Oak Street Farmington, MN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Updated triplex plus separate single‑family home on one parcel in Farmington; Triplex unit mix: 1 one‑bedroom/1‑bath unit and two two‑bedroom/1‑bath units; All triplex units updated within the last five years with updated kitchens, baths, flooring, and fixtures
More about this property
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