$147,900

303 Pine St Farmington, MN 55024

Estimated payment $965/month

Total Views 308
-- Bed
1 Bath
5,386 Sq Ft
$27 Price per Sq Ft

Highlights

  • Popular Property
  • River Front
  • Hot Water Heating System

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!

Listing Agent

Joseph Mueller

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

RE/MAX Results

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
  • Total Rooms: 6

Exterior Features

  • Roof: Age Over 8 Years
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt

Utilities

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

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictNumber: 192
  • 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

Map

Range of Values:

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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 Change Sq Ft Price
08/21/2025 08/21/25 For Sale $147,900 -- $27 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6774761

NorthstarMLS