504 3rd St NE, Faribault, MN 55021
OFF MARKET

$337,100

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,284 sqft (on 0.53 acres)

504 3rd St NE, Faribault, MN 55021

Est. Refi. Payment $2,178/mo*
Refinance Your Home
Currently Off Market - Sold Oct 25, 2024 for $315,000

Home Value

Trulia Estimate
$337K
Since last month
Increased$1K (+0.3%)
Since last year
Decreased$7K (-2%)
Since last sale
Increased$22K (+7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +90% in the last 10 years
MonthEstimated value
2026
September 2026$337K
August 2026$336K
July 2026$337K
June 2026$337K
May 2026$333K
April 2026$329K
March 2026$328K
February 2026$331K
January 2026$342K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
416 8th St NW, Faribault, MN
0.84
Multi-Family Home
$250,000
05/05/26
6
4
2,736
527 6th Ave NW, Faribault, MN
0.88
Multi-Family Home
$333,000
06/24/26
6
3
2,265
1328 3rd Ave NW, Faribault, MN
1.01
Multi-Family Home
$90,000
05/29/26
4
2
2,494

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
227 5th Ave NE, Faribault, MN 55021
0.04
$207,000
3
1
1,037
Recently Sold
228 5th Ave NE, Faribault, MN 55021
0.05
$300,600
4
2
2,128
Off Market
215 Minnesota Place NE, Faribault, MN 55021
0.07
$256,100
3
2
1,159
Off Market
416 3rd St NE, Faribault, MN 55021
0.05
$199,900
2
1.5
1,060
For Sale
405 5th Ave NE, Faribault, MN 55021
0.07
$425,700
3
2
2,208
Off Market
210 6th Ave NE, Faribault, MN 55021
0.09
$276,000
3
2
2,892
Recently Sold
210 5th Ave NE, Faribault, MN 55021
0.08
$248,000
3
2
1,876
Recently Sold
215 6th Ave NE, Faribault, MN 55021
0.11
$276,000
2
1.5
1,040
Off Market
414 6th Ave NE, Faribault, MN 55021
0.09
$297,600
5
2
2,942
Off Market
Address Not Disclosed, Faribault, MN 55021
0.09
$245,400
4
4
2,075
Off Market
604 2nd St NE, Faribault, MN 55021
0.12
$223,500
3
2
1,484
Recently Sold

Local Information

  • Map ViewExplore the area around 504 3rd St NE.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1928
0.53 acre lot
2,284 sqft
$148/sqft
Open Parking

About this House

An incredible investment opportunity is knocking at your door! This well-maintained triplex is brimming with potential and charm. Step into the upstairs unit, where you'll find a fresh coat of paint, sleek new drywall and trim, updated plumbing, and contemporary fixtures. It's a space that feels both fresh and inviting. The basement unit shines with its recent paint job, updated trim, and plush new carpeting—creating a cozy retreat with modern appeal. The main floor unit, now enjoying its 13th year on a reliable long-term lease, is newly painted and offers exciting potential for conversion into a second bedroom. Recent enhancements throughout the property include beautifully improved landscaping, brand-new gutters, and a well-maintained furnace and AC system. The windows and siding are just four years old, ensuring durability and energy efficiency. Don’t miss your chance to own this versatile gem, poised to deliver exceptional returns!
504 3rd St NE, Faribault, MN 55021 is a 3 bedroom, 3 bathroom, 2,284 sqft multi-family built in 1928. It last sold for the $314,900 asking price on Oct 25, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $337,100, with a rent estimate of $1,775/month.
Last check for updates: about 7 hours ago
Listed by Lacie Nelson, (952) 873-9333
eXp Realty
Morgan Almendinger, (507) 649-4010
Bought with: Joe Mueller, (612) 276-2336, RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID, MLS#6603545

Home Details for 504 3rd St NE

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Egress Window(s),Finished,Full
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2284 Square FeetFoundation Area: 875
Appliances & Utilities
Laundry: Main Level
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Enclosed, Rear PorchFencing: Partial, Wood
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Shared Driveway
Frontage
Responsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1749 Square FeetFinished Area (below surface): 535 Square Feet

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 1832252011

Price & Status

Price
List Price: $314,900
Status Change & Dates
Off Market Date: Sat Sep 28 2024

Location

Direction & Address
City: FaribaultCommunity: Coopers Add
School Information
High School District: Faribault

Building

Building Area
Building Area: 2284 Square Feet

Lot Information

Lot Area: 0.53 acres

Offer

Contingencies: None

Rental Terms, Policies & Fees

Owner Pays: All Utilities

Miscellaneous

BasementMls Number: 6603545Above Grade Unfinished Area: 1749Activation Date: Sat Sep 21 2024

Price and Tax history

DateEventPrice
Oct 25, 2024
Source: NorthstarMLS as distributed by MLS GRID #6603545
Sold
$315,000
Sep 28, 2024
Source: NorthstarMLS as distributed by MLS GRID #6603545
Pending
$314,900
Sep 21, 2024
Source: NorthstarMLS as distributed by MLS GRID #6603545
Listed For Sale
$314,900
May 31, 2022
Source: NorthstarMLS as distributed by MLS GRID #6188025
Sold
$253,000
May 4, 2022
Source: NorthstarMLS as distributed by MLS GRID #6188025
Listed For Sale
$253,000

Market trends in Faribault

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$281K
$2.65KMoM
Sale-to-List Price
99.5%
Price per sq ft
$150
$3MoM
Available listings
127
2MoM

Around this home

What Locals Say about Faribault

At least 76 Trulia users voted on each feature.

  • 90 % Say yards are well-kept

  • 84 % Say car is needed

  • 83 % Say parking is easy

  • 82 % Say it's dog friendly

  • 71 % Say kids play outside

  • 68 % Say there are sidewalks

  • 60 % Say there's holiday spirit

  • 57 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 54 % Say people would walk alone at night

  • 52 % Say streets are well-lit

  • 49 % Say they plan to stay for at least 5 years

  • 45 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 38 % Say there's wildlife

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very safe neighborhood "
    0
    Flag
  • Ryan W.
    "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
    2
    Flag
  • Trulia User
    "There is a park and nature center near by to go with your family and is pet friendly too, we have bike trails all over town."
    3
    Flag
  • Cheyannefolman
    "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
    1
    Flag
  • Dora L.
    "I lived in this neighborhood for about 10 years and is quiet so I like it and I have a park close by."
    0
    Flag
  • Smkroening
    "Great neighbors, no heavy traffic, pretty safe, small town feel but close to a big city, lots of bike trails, close to lots of lakes, it is where my husband is from."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-21 01:13:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 504 3rd St NE

  • What is 504 3rd St NE estimated to be worth?
    Trulia's estimated value for 504 3rd St NE in Faribault, MN is $337,100.
  • What is the price history for 504 3rd St NE?
    504 3rd St NE in Faribault, MN last sold for $315,000 in October 2024.
  • Is Faribault a buyer's or seller's market?
    Faribault is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Faribault?
    The median sale price in Faribault is $281K. That is down $2.65K from the prior month.
  • Does 504 3rd St NE have laundry facilities?
    Yes, 504 3rd St NE in Faribault, MN has laundry facilities.
  • Does 504 3rd St NE have parking?
    Yes, 504 3rd St NE in Faribault, MN has on-site parking.

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