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Farmington, MN

Multifamily

Farmington, MN Multifamily Properties for Sale

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Lakeville, MN Rosemount, MN Northfield, MN Apple Valley, MN Hampton, MN Saint Paul, MN Burnsville, MN Elko New Market, MN

Two-Unit Duplex with Garage

Updated: Oct 8

Two-Unit Duplex with Garage

420 1st St, Farmington, MN 55024

$349,900

1,766 sqft

Two apartments, each with 2 bedrooms and 1 bathroom
1,766‑square‑foot duplex
Updated main‑level apartment is ready to rent
Upper‑level unit needs finishing work
Shared basement laundry and storage

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 1 Active listings in Farmington, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 26 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Finished Lower Levels

Duplex with Finished Lower Levels

17640 Ionia Court, Lakeville, MN 55044

$575,000

3,332 sqft

Both residences include attached garages, main-level primary bedrooms, and walkout access to the backyard.

Duplex with Heated Garage

Duplex with Heated Garage

4625 280th Street W, Northfield, MN 55057

$399,000

2,860 sqft 2.03 AC lot

Each residence includes its own laundry area, storage shed, and garage.

Renovated Duplex with Garages

Renovated Duplex with Garages

4625 280th St W, Northfield, MN 55057

$429,000

2,860 sqft

Each unit includes separate laundry, a storage shed, and a garage.

Updated Duplex with Attached Garages

Updated Duplex with Attached Garages

17640 Ionia Court, Lakeville, MN 55044

$575,000

3,332 sqft 0.83 AC lot

Two matching residences combine finished lower levels, main-floor primary bedrooms, and direct access to attached garages.

Off-Market Properties in Farmington, MN

Consider similar Off-Market properties in Farmington, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

26410 Galaxie Ave

APARTMENT HOUSE (UNDER 5 UNITS)

26410 Galaxie Ave, Farmington, MN 55024-1573

Estimated value:

$400,000

4,370 sqft 4.85 AC lot

1020 3rd St

APARTMENT HOUSE (5+ UNITS)

1020 3rd St, Farmington, MN 55024-1562

Estimated value:

$1,670,000

18,372 sqft 0.50 AC lot

515 Elm St

APARTMENT HOUSE (5+ UNITS)

515 Elm St, Farmington, MN 55024-1165

Estimated value:

$1,800,000

15,600 sqft 0.47 AC lot

600 Oak St

APARTMENT HOUSE (5+ UNITS)

600 Oak St, Farmington, MN 55024-1385

Estimated value:

$270,000

4,306 sqft 0.25 AC lot

1321 Centennial Dr

APARTMENT HOUSE (5+ UNITS)

1321 Centennial Dr, Farmington, MN 55024-7600

Estimated value:

$1,665,000

16,696 sqft 0.88 AC lot

1337 Centennial Dr

APARTMENT HOUSE (5+ UNITS)

1337 Centennial Dr, Farmington, MN 55024-7601

Estimated value:

$1,035,000

19,195 sqft 0.88 AC lot

303 Pne St

APARTMENT HOUSE (UNDER 5 UNITS)

303 Pne St, Farmington, MN 55024-1039

Estimated value:

$275,000

3,214 sqft 0.45 AC lot

811 8th St

APARTMENT HOUSE (5+ UNITS)

811 8th St, Farmington, MN 55024-1443

Estimated value:

$895,000

19,913 sqft 1.09 AC lot

18 Walnut St

APARTMENT HOUSE (5+ UNITS)

18 Walnut St, Farmington, MN 55024-1266

Estimated value:

$1,455,000

30,758 sqft 1.31 AC lot

3667 Uppr 204th W St

APARTMENT HOUSE (UNDER 5 UNITS)

3667 Uppr 204th W St, Farmington, MN 55024-8951

Estimated value:

$275,000

9,204 sqft 0.65 AC lot

24 Elm St

APARTMENT HOUSE (5+ UNITS)

24 Elm St, Farmington, MN 55024-1030

Estimated value:

$570,000

5,184 sqft 0.23 AC lot

900 8th St

APARTMENT HOUSE (5+ UNITS)

900 8th St, Farmington, MN 55024-1433

Estimated value:

$280,000

5,964 sqft 0.24 AC lot

916 10th St

APARTMENT HOUSE (UNDER 5 UNITS)

916 10th St, Farmington, MN 55024-1461

Estimated value:

$275,000

4,120 sqft 0.37 AC lot

22234 Twin Ponds Cir

APARTMENT HOUSE (5+ UNITS)

22234 Twin Ponds Cir, Farmington, MN 55024-8516

Estimated value:

$865,000

7,852 sqft 2.59 AC lot

300 Spruce St

APARTMENT HOUSE (5+ UNITS)

300 Spruce St, Farmington, MN 55024-1372

Estimated value:

$4,890,000

48,990 sqft 1.19 AC lot

20476 Chrysler Ave

APARTMENT HOUSE (5+ UNITS)

20476 Chrysler Ave, Farmington, MN 55024-1180

Estimated value:

$270,000

2,920 sqft 0.37 AC lot

917 9th St

APARTMENT HOUSE (5+ UNITS)

917 9th St, Farmington, MN 55024-1428

Estimated value:

$385,000

6,220 sqft 0.37 AC lot

22250 Twin Ponds Cir

APARTMENT HOUSE (5+ UNITS)

22250 Twin Ponds Cir, Farmington, MN 55024-8516

Estimated value:

$960,000

8,760 sqft 2.84 AC lot

315 Spruce St

APARTMENT HOUSE (5+ UNITS)

315 Spruce St, Farmington, MN 55024-1373

Estimated value:

$545,000

28,893 sqft 0.23 AC lot

315 Spruce St

APARTMENT HOUSE (5+ UNITS)

315 Spruce St, Farmington, MN 55024-1373

Estimated value:

$565,000

28,893 sqft 0.47 AC lot

10 Oak St

APARTMENT HOUSE (UNDER 5 UNITS)

10 Oak St, Farmington, MN 55024-1236

Estimated value:

$260,000

1,758 sqft 0.23 AC lot

808 Larch St

APARTMENT HOUSE (5+ UNITS)

808 Larch St, Farmington, MN 55024-7113

Estimated value:

$710,000

6,504 sqft 1.68 AC lot

21400 Dushane Pkwy

APARTMENT HOUSE (5+ UNITS)

21400 Dushane Pkwy, Farmington, MN 55024-8458

Estimated value:

$9,770,000

103,510 sqft 2.44 AC lot

Farmington, MN Multifamily Properties Market Trends and Statistics

Explore 27 multifamily properties for sale in Farmington, MN on our real estate platform. These investment opportunities span a total of 1,766 square feet of properties for sale, with an estimated market value of $349,900.

Sale prices for multifamily properties in Farmington, MN average $349,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 37K

Population Growth (5Y) +4.7%

Median Household Income $123,582

College Educated 45.6%

Taxes & Financing

Tax Rate (average for all types) 2.33%

Property Tax per SF $27.55 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dakota County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Farmington fall within the 50,000 to 100,000 square foot range.

How Realmo verifies these figures

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