303 Pine Street, Farmington, MN 55024

Local realty services provided by:Better Homes and Gardens Real Estate First Choice
#1#2#3
303 Pine Street,Farmington, MN 55024
$147,900
  • - Beds
  • - Baths
  • 5,386 sq. ft.
  • Multi-family
  • Active
Listed by:joe mueller
Office:re/max results
MLS#:6774761
Source:NSMLS

Price summary

  • Price:$147,900
  • Price per sq. ft.:$27.46

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:1 day(s) ago
  • Updated:August 23, 2025 at 03:52 PM

Rooms and interior

  • Living area:5,386 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Age Over 8 Years
  • Year built:1920
  • Building area:5,386 sq. ft.
  • Lot area:0.45 Acres

Utilities

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

Finances and disclosures

  • Price:$147,900
  • Price per sq. ft.:$27.46
  • Tax amount:$1,910 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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