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$160,000 -$100,000 (-38.46%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,010 Sq. Ft.
  • 1 Car Garage
  • Updated 5 hours ago
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Delightful, sun-filled and move-in ready! This adorable one-story home offers the perfect blend of comfort, updates, and convenience. Step inside to a bright and spacious living and dining area featuring hardwood floors and a classic bay window that fills the space with natural light and offers gentle, direct morning sun and is ideal for plants that prefer bright, indirect light. The kitchen comes fully equipped with a gas range, microwave, refrigerator, and dishwasher - everything you need from day one. The versatile main-level den makes an ideal home office or cozy family room. Downstairs, you'll find an additional bedroom, a convenient half bath with laundry, and a walkout lower level leading directly to the attached garage - perfect for easy access year-round. Major updates mean peace of mind for years to come: maintenance-free siding, a brand-new roof (2025), plus a newer furnace and water heater. All the big exterior and mechanical work has been done! Outside, enjoy a manageable yard shaded by beautiful mature trees - just enough space to relax and entertain without the upkeep. Located close to grocery stores, shopping, restaurants, and nightlife, this home offers both comfort and convenience. Affordable and full of charm - this one won't last long. Schedule your showing today!

Full Property Details for 118 2nd Ave NW

General

  • Price: $160,000
  • Taxes: $1,562 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7025089
  • Updated: Today (2/23/2026)
  • Added to Site: Today

Interior

  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Basement, Washer Hookup, In Basement, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Washer/Dryer Hookup

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 22 x 12
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Concrete

Location

  • County: Rice
  • Township: Faribault
  • Subdivision: City/Faribault
  • Driving Directions: From 4th St NW (Highway 60) turn South on 2nd Ave NW to the property. From Division St W, turn North on 2nd Ave NW

School Information

  • School District: 2145 - Faribault
  • High School District: Faribault

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Egress Window(s), Full, Partially Finished
  • Foundation Size: 664
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,010
  • Above Ground: 810 Sq. Ft.
  • Below Ground: 664 Sq. Ft.
  • Year Built: 1942

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 65 x 70
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $1,562
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: ORIG TOWN S65FT L1 & S65FT E4FT L2 B66
  • Property ID: 1831126455

Listed by Edina Realty, Inc.

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Listing agents

— 118 2nd Ave NW —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 118 2nd Ave NW

School District:Faribault Public School District
NameGradesDistance
Roosevelt Elementary School, Faribault, MN
925 Parshall Street, Faribault, MN 55021
K-51.1 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-81.5 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 2nd Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/23/2026
Price Reduced
$160,000
-38.46%
MLS
2/20/2026
Listed
$260,000
92.74%
MLS
1/26/2007
Sold
$134,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118 2nd Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,602
-1%
$135,400
—
2024
$1,618
19%
$135,600
—
2023
$1,356
—
$135,600
23%
2021
$1,356
-15%
$110,400
-15%
2023
$1,598
22%
$129,200
30%
2020
$1,308
7%
$99,300
9%
2019
$1,220
11%
$91,200
14%
2018
$1,100
1%
$79,700
4%
2017
$1,092
4%
$76,400
6%
2016
$1,052
1%
$72,000
-4%
2015
$1,040
-5%
$74,800
3%
2014
$1,094
7%
$72,300
—
2013
$1,022
—
$72,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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118 2nd Avenue NW, Faribault, MN 55021 (MLS# 7025089) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 118 2nd Avenue NW is currently listed for $160,000 and was received on February 23, 2026. Want to learn more about 118 2nd Avenue NW? Do you have questions about finding other Single Family real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.

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