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

504 3rd St NE
Faribault, MN 55021

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

$333,400

Trulia Estimate
as of Jun 22, 2026
Est. Refi. Payment $1,994/mo*

$333,400

Trulia Estimate
as of Jun 22, 2026
Est. Refi. Payment $1,994/mo*
3 Beds
3 Baths
2,284 sqft
(on 0.53 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 29, 2025

Home Highlights

Parking
Open Parking
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 4 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

Price History for 504 3rd St NE

DatePriceEventSource
10/25/2024$315,000Sold
NorthstarMLS as distributed by MLS GRID #6603545
09/28/2024$314,900PendingNorthstarMLS as distributed by MLS GRID #6603545
09/21/2024$314,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6603545
05/31/2022$253,000Sold
NorthstarMLS as distributed by MLS GRID #6188025
05/04/2022$253,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6188025
04/18/2006$187,300Sold
N/A

Market trends in Faribault

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$266K
$3.82K
MoM
Sale-to-List Price
—
Price per sq ft
$137
$1
MoM
Available listings
99
22
MoM
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Property Tax and Assessment

Year2025
Tax$4,056
Assessment$300,000
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,728/mo

Homes for rent near 504 3rd St NE

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Comparable Sales for 504 3rd St NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.76
Multi-Family Home
$290,000
08/07/25
3
2
1,599
0.84
Multi-Family Home
$250,000
05/05/26
6
4
2,736
1.01
Multi-Family Home
$90,000
05/29/26
4
2
2,494

Nearby homes

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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.
  • Ryan W.
    "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
  • 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."
  • Cheyannefolman
    "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
  • 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."
  • 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."

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Apartments for Rent

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Homes for sale near 504 3rd St NE

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Off Market Homes Near 504 3rd St NE

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Based on information submitted to the MLS GRID as of 2026-06-22 04:48:15 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
504 3rd St NE, Faribault, MN 55021 is a 3 bedroom, 3 bathroom, 2,284 sqft multi-family built in 1928. This property is not currently available for sale. 504 3rd St NE was last sold on Oct 25, 2024 for $315,000 (0% higher than the asking price of $314,900). The current Trulia Estimate for 504 3rd St NE is $333,400.