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$224,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,954 Sq. Ft.
  • 1 Car Garage
  • Updated 8 days ago
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Step back in time with this beautifully maintained brick home built in 1900, filled with character and original craftsmanship. This three-bedroom home (one bedroom walks through to another to make 4 bedrooms) features natural woodwork, hardwood floors, spacious rooms, and a cozy eat-in kitchen perfect for family gatherings. Lovingly cared for by the same family for over 60 years, this property offers both history and warmth. Enjoy the charm of a classic home with the convenience of being within walking distance to downtown shops, restaurants, and community events. A rare opportunity to own a piece of local history - ready for its next chapter!

Full Property Details for 531 2nd St NW

General

  • Price: $224,900
  • Taxes: $2,354 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6813723
  • Updated: 1/7/2026
  • Added to Site: 69 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 1/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Kitchen/Dining Room, Separate Formal Dining Room
  • Formal Dining Room: Kitchen/Dining Room, Separate/Formal Dining Room
  • Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup, Electric Dryer Hookup, Lower Level, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), French Doors, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio

Exterior

  • Porch/Patio/Deck: Front Porch, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Location

  • County: Rice
  • Township: Faribault
  • Subdivision: City/Faribault
  • Driving Directions: 4th St to 5th Ave NW, go south to 2nd St then west to property.

School Information

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

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 932
  • Roof: Age Over 8 Years
  • Disability Access: Other
  • Square Feet: 1,954
  • Above Ground: 1,954 Sq. Ft.
  • Below Ground: 692 Sq. Ft.
  • Year Built: 1900

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.177
  • Lot Dimensions: 46 x 165 x 47 x 165
  • Frontage: City Street
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $2,354
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: L5 B63 ORIG TOWN FBLT EX E56FT THRF
  • Property ID: 1831126411

Listed by Weichert, REALTORS- Heartland

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Listing agents

— 531 2nd St NW —

  • Weichert, REALTORS- Heartland

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

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

Schools serving 531 2nd St NW

School District:Faribault Public School District
NameGradesDistance
Roosevelt Elementary School, Faribault, MN
925 Parshall Street, Faribault, MN 55021
K-51.3 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
9-120.5 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 531 2nd St NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$224,900
-3.27%
MLS
11/07/2025
Listed
$232,500
—
MLS
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 531 2nd St NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,394
1%
$228,200
6%
2024
$2,382
37%
$216,000
—
2023
$1,742
—
$216,000
29%
2021
$1,742
-21%
$167,900
-14%
2023
$2,196
34%
$195,000
60%
2020
$1,644
10%
$122,100
12%
2019
$1,494
11%
$108,900
15%
2018
$1,344
-1%
$94,600
3%
2017
$1,354
3%
$92,100
6%
2016
$1,314
-16%
$86,900
-24%
2015
$1,570
-4%
$114,400
5%
2014
$1,634
39%
$108,800
34%
2013
$1,178
—
$81,400
—
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 Weichert, REALTORS- Heartland

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531 2nd Street NW, Faribault, MN 55021 (MLS# 6813723) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 531 2nd Street NW is currently listed for $224,900 and was received on November 07, 2025. Want to learn more about 531 2nd Street 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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