303 Pine St Farmington, MN 55024
Estimated payment $965/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | For Sale | $147,900 | -- | $27 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6774761

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