Updated
New
For Sale
$284,500
815 2nd Ave Nw, Faribault, MN 55021
Two distinct residences with refreshed interiors provide flexible owner-occupant or rental use.
Property Size2,398 SF
Price / SF$118.64
Days on Market3
Property Features for 815 2nd Ave Nw
General Information
Standard status
Active
Size
2,398 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,690
Listing Agency:
eXp Realty
(320) 500-4397
Listed By:
Lacie Nelson
(952) 873-9333
Source:
Exprealty
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 22 at 1:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This 2,398-square-foot duplex contains two separate living spaces, each benefiting from updates while retaining a comfortable residential character. The dual-unit configuration supports a range of ownership approaches, including occupying one residence while leasing the other or operating both as rental units.
Located at 815 2nd Ave Nw in Faribault, MN, the property combines distinct unit separation with flexible residential use. Its layout is suited to an owner-occupant seeking additional rental income or an investor pursuing a two-unit residential asset.
Located at 815 2nd Ave Nw in Faribault, MN, the property combines distinct unit separation with flexible residential use. Its layout is suited to an owner-occupant seeking additional rental income or an investor pursuing a two-unit residential asset.
Key Highlights
- 2,398 SF duplex
- Two separate residential units
- Updates throughout both units
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 55021, MN
30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences with refreshed interiors provide flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 815 2nd Ave Nw Faribault, MN.
What is the asking price?
The asking price for this property is $284,500.
What are key features of this property?
This property features: 2,398 SF duplex; Two separate residential units; Updates throughout both units
