Listed at
$249,900
$238/sqft

State Sub

418 Prairie Avenue, Faribault, MN, 55021
3  Bedrooms1  Bathroom1,048  Square Feet0.229  Acres
Days on market32
Year built1940
Garage spaces2
TypeResidential
Est. $4,497buyer credit when you buy with SODL
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About this home

Beautiful updates, timeless charm, and room to grow—this move-in-ready home checks all the boxes! Featuring 3 bedrooms and 1 bath, you’ll love the gorgeous hardwood floors and inviting living room, where a cozy fireplace makes you feel right at home. The kitchen shines with hard-surface countertops, tile flooring, and updated stainless steel appliances, while the updated tile shower adds a stylish touch to the bathroom. Spacious bedrooms, including two on the main level, provide plenty of room to unwind. Looking for an opportunity to make it your own? The already-framed basement offers a head start toward expanding your living space and building equity. With a newer furnace, A/C, windows, and roof, you can enjoy the benefits of major updates already completed! Outside, the large corner lot delivers space to enjoy, complemented by beautiful landscaping, a patio for summer gatherings, a 2-stall garage, and ample parking. Add a convenient location near schools, parks, shopping, and major highways, and you have a home that’s easy to love. Don’t miss your chance—schedule your showing today!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1940
LevelsOne and One Half
Living area1,048 sqft
Above-grade finished1,048 sqft
Below-grade finished0 sqft
Lot size0.229 acres (110x130)
Days on market32
ListedAug 27, 2026
MLS #NST7133155
CountyRice
SubdivisionState Sub
Parcel #1836450001

Facts & features

Interior

Bedrooms
3
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One and One Half
Garage
2 spaces · 624 sqft
Parking features
Detached Garage
Patio & porch
Patio
Exterior features
Wood
Lot size
0.229 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block · 776 sqft
Year built
1940

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
State Sub
HOA
No HOA
School district
656 - Faribault
High school district
Faribault

Financial & listing details

Annual tax
$2,338 (2026)
Tax with assessments
2398
Listed
Aug 27, 2026
Days on market
32 · 7 cumulative
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementFull
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryLower Level
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningSeparate/Formal Dining Room
AmenitiesHardwood Floors, Natural Woodwork, Patio
AccessibilityNone

Exterior & lot

ExteriorWood
FoundationBlock
Foundation area776 sqft
Patio/porchPatio
Lot featuresCorner Lot
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage
Garage spaces2
Garage size624 sqft

Financial details

Annual taxes$2,338
Tax year2026
Taxes w/ assessments2398
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District656 - Faribault
District number656
District phone5073336016
High schoolFaribault
SODL flat fee brokerage
$4,497Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,497

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,591/mo
Principal & interest$1,313
Property taxes$195
Home insurance (est.)$83
%
$49,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

418 Prairie Avenue, Faribault, MN, 55021

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Listing information

MLS #NST7133155
StatusActive
Last updatedSep 28, 2026, 2:10 PM
Originally listedAug 27, 2026, 11:14 AM
Listing officeWeichert, REALTORS- Heartland

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.