$140,000
SOLD OCT 29, 2025

303 Pine St Farmington, MN 55024

-- Bed
1 Bath
5,386 Sq Ft
0.45 Acres

Recently Sold

$26 Per Sq Ft

5% Below List Price

49 Days on Market

About This Home

As of October 2025

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!

Last Agent to Sell the Property

Joseph Mueller

RE/MAX Results Listed on: 08/21/2025

RE/MAX Results

Last Buyer's Agent

Roxie Knight

Core Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 60x262x63x217
  • River Front

Home Design

  • Quadruplex

Interior Spaces

  • 1 Bathroom
  • 5,386 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units
  • Town Of Farmington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 147700031061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,910

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Water Body Name: Vermillion River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement YN: Yes

Exterior Features

  • Roof: Age Over 8 Years
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictPhone: 651-463-5000

Lot Info

  • Waterfront YN: Yes
  • Lot Size: 60x262x63x217
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 147700031061
  • Tax Annual Amount: 1910
  • TaxWithAssessments: 1910.0000

Multi Family

  • WaterfrontFeatures: River Front

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Sold $140,000 -5.3% $26 / Sq Ft
10/09/2025 10/09/25 Pending -- -- --
09/02/2025 09/02/25 For Sale $147,900 0.0% $27 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $147,900 -- $27 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph Mueller

    Seller's Agent in 2025

    Joseph Mueller

    RE/MAX Results

    (612) 276-2336

    15 in this area

    230 Total Sales

    Joseph Mueller
    Section Image
  • Roxie Knight

    Buyer's Agent in 2025

    Roxie Knight

    Core Realty LLC

    (763) 438-8892

    2 in this area

    70 Total Sales

    Roxie Knight
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6774761

NorthstarMLS
Minnesota Dakota County Farmington 55024

303 Pine St, Farmington, MN

Sold

MultiFamily

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