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$325,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 1,717 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago

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Open House: 1:30 PM - 3:30 PM

Saturday 1/31 1:30 PM - 3:30 PM

941 Rice Street,Faribault, MN 55021

941 Rice StreetFaribaultMN55021

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Well-maintained side-by-side townhome with NO HOA fees offering comfortable, low-maintenance living with no HOA restrictions. This home features vaulted ceilings, an open floor plan, and a cozy gas fireplace. The property backs up to a nature center, providing privacy and frequent wildlife views, including deer. Main-level living includes two bedrooms, two bathrooms, and laundry all on the main floor. The lower level offers a private bedroom and ¾ bath, while the unfinished space provides endless possibilities-storage, hobby area, or future living space. The home has seen numerous updates, including new hardware on all kitchen and bath cabinets. Recent improvements include: "¢ 2025: New water softener (Nov), new tub and shower faucetry "¢ 2024: New garage door opener, Heat tape added to roof, new egress window well in the lower level, new primary bedroom carpet, new primary bath countertop and faucetry "¢ 2023: New microwave and range (induction, convection, air fryer) "¢ 2022: New refrigerator A thoughtfully updated, move-in-ready home in a peaceful setting with no association restrictions.

Full Property Details for 941 Rice St

General

  • Price: $325,000
  • Taxes: $3,262 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7012710
  • Updated: 1/26/2026
  • Added to Site: 3 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Main Level, Main Level

Additional Information

  • Amenities: Ceiling Fan(s), Kitchen Center Island, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Covered, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 24 x 24
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Concrete

Location

  • County: Rice
  • Township: Faribault
  • Subdivision: River Trail 2nd Add
  • Driving Directions: I35 to MN-21 S - Take exit 59 from I35 S. Continue on Lyndale Ave N. E on Division to Willow. S on Willow to River Trail Ln. Left on River Trail Ln to Rice St. Right on Rice St.

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.: Full, Partially Finished
  • Foundation Size: 1516
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 1,717
  • Above Ground: 1,516 Sq. Ft.
  • Below Ground: 1,515 Sq. Ft.
  • Year Built: 2002

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.175
  • Lot Dimensions: 60 x 131.75 x 60.84 x 121.68
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $3,262
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash, USDA

Disclosures and Reports

  • Legal Description: LOT 4 BLOCK 2 OF RIVER TRAIL 2ND ADD
  • Property ID: 1806129024

Listed by Keller Williams Preferred Rlty

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Schools serving 941 Rice St

School District:Faribault Public School District
NameGradesDistance
Roosevelt Elementary School, Faribault, MN
925 Parshall Street, Faribault, MN 55021
K-51.6 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-80.8 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 941 Rice St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$325,000
8.91%
MLS
9/15/2022
Sold
$298,400
—
Public Record
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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 941 Rice St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,262
4%
$295,800
7%
2024
$3,138
26%
$276,400
—
2023
$2,486
—
$276,400
31%
2021
$2,486
-12%
$211,500
-13%
2023
$2,810
18%
$242,400
34%
2020
$2,384
2%
$180,800
4%
2019
$2,326
12%
$173,800
15%
2018
$2,086
1%
$151,000
5%
2017
$2,066
1%
$144,400
4%
2016
$2,044
4%
$139,400
-1%
2015
$1,968
-7%
$140,900
2%
2014
$2,112
8%
$138,100
—
2013
$1,952
—
$138,100
—
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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941 Rice Street, Faribault, MN 55021 (MLS# 7012710) is a Townhouse property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 941 Rice Street is currently listed for $325,000 and was received on January 26, 2026. Want to learn more about 941 Rice Street? Do you have questions about finding other Townhouse 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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