303 Pine Street, Farmington, MN 55024

Local realty services provided by:ERA Prospera Real Estate
303 Pine Street,Farmington, MN 55024
$140,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by:joe mueller
Office:re/max results
MLS#:6774761
Source:NSMLS

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Price summary

  • Price:$140,000

About this home

Looking for a property with endless investment and/or owner-occupant potential? This is it! Central downtown Farmington location -this property has a multitude of uses. Restore it to its former glory as a fourplex that was bringing in over $4k per month gross rents years ago (potential to be $5k/mo + at current market rates). Or... combine units into a larger triplex, duplex, or even tear down and rebuild new - the half acre of land is worth the asking price alone. Potential commercial uses are feasible as well - the possibilities are truly endless. Strong rental demand in the area and extensive revitalization underway in downtown Farmington make for great future upside potential. Suffered moderate fire damage and is in need of substantial repair - priced accordingly. Good bones! Check it out for yourself and let your imagination run wild with the possibilities!

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Home facts

  • Year built:1920
  • Listing ID #:6774761
  • Added:72 day(s) ago
  • Updated:November 02, 2025 at 04:43 AM

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Age Over 8 Years
  • Year built:1920

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$140,000
  • Tax amount:$1,910 (2025)
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