504 3rd St NE
Faribault, MN 55021
- 3 Beds
- 3 Baths
- 2,284 sqft (on 0.53 acres)
3 Beds
3 Baths
2,284 sqft
(on 0.53 acres)
Local Information
© Google
-- mins to
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
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MLS Status: Closed |
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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 |
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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 |
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Cumulative Days on Market: 7 |
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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 |
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Price List Price: $314,900 |
Status Change & Dates Off Market Date: Sat Sep 28 2024 |
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Direction & Address City: FaribaultCommunity: Coopers Add |
School Information High School District: Faribault |
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Building Area Building Area: 2284 Square Feet |
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Lot Area: 0.53 acres |
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Contingencies: None |
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Owner Pays: All Utilities |
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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
| Date | Price | Event | Source |
|---|---|---|---|
| 10/25/2024 | $315,000 | Sold | NorthstarMLS as distributed by MLS GRID #6603545 |
| 09/28/2024 | $314,900 | Pending | NorthstarMLS as distributed by MLS GRID #6603545 |
| 09/21/2024 | $314,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6603545 |
| 05/31/2022 | $253,000 | Sold | NorthstarMLS as distributed by MLS GRID #6188025 |
| 05/04/2022 | $253,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6188025 |
| 04/18/2006 | $187,300 | Sold | N/A |
Market trends in Faribault
Last updated May 2026
Avg. sale price
$266K
$3.82KMoM
Sale-to-List Price
—
Price per sq ft
$137
$1MoM
Available listings
99
22MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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
See what comparable homes in the neighborhood are renting for.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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 504 3rd St NE.
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.
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Homes for sale near 504 3rd St NE
Off Market Homes Near 504 3rd St NE

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
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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.