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420 1st Street, Farmington, MN 55024

Farmington
Local realty services provided by:CENTURY 21 FM Realty
420 1st Street,Farmington, MN 55024
$349,900
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  • 4 Beds
  • 2 Baths
  • 1,766 sq. ft.
  • Multi-family
  • Active
Listed by: eric a ruud
Office: top notch properties & realty services
MLS#:7156060
Source:ND_FMAAR

Price summary

  • Price:$349,900
  • Price per sq. ft.:$130.51

About this home

Opportunity Knocks in Downtown Farmington! Whether you’re looking for an owner-occupied property or the next addition to your rental portfolio, this duplex offers plenty of potential. Ideally located in downtown Farmington and situated on a large corner lot, the property provides room to expand and maximize its investment potential. The main-level unit has been updated and is ready to rent. The upper-level unit needs just a few finishing touches before it can be placed on the rental market. Both units feature 2 bedrooms and 1 bathroom, offering a desirable layout for tenants. The basement provides shared laundry facilities and additional storage space. Outside, the property offers a large driveway, a 2-car garage, and an additional shed, providing excellent parking and storage options. The extra space may also offer an opportunity for additional rental income. With its downtown location, spacious lot, multiple storage options, and value-add potential, this property is a great...

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Home facts

  • Year built:1940
  • Subdivision & Development:Town Of Farmington
  • Listing ID #:7156060
  • Added:10 day(s) ago
  • Updated:October 18, 2026 at 06:45 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Living area:1,766 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1940
  • Building area:1,766 sq. ft.
  • Lot area:0.33 Acres
  • Construction Materials:Vinyl

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$130.51
  • Tax amount:$3,968

Parking

  • Garage spaces:2

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