118 1st St SW

1,864 Sq. Ft.
$113 / Sq. Ft.
1,864
Sq. Ft.
$113
per Sq. Ft.

Description

This 4-bed, 3-bath home offers great potential in a desirable neighborhood. Relax on the inviting front porch and enjoy the comfortable layout with room for everyday living and entertaining. The interior is ready for your vision—some cleaning and fresh paint will really bring this space to life. With its functional floor plan and cozy charm, this property is an excellent opportunity to make it your own. Convenient location close to schools, parks, and local amenities. Don’t miss out!This 4-bed, 3-bath home offers great potential in a desirable neighborhood. Relax on the inviting front porch and enjoy the comfortable layout with room for everyday living and entertaining. The interior is ready for your vision—some cleaning and fresh paint will really bring this space to life. With its functional floor plan and cozy charm, this property is an excellent opportunity to make it your own. Convenient location close to schools, parks, and local amenities. Don’t miss out!
  1. Listed by Weichert, REALTORS- Heartland
  2. Listed by Weichert, REALTORS- Heartland

Property Details for 118 1st Street Southwest

Subdivision Name
Southern Add
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 02/12/2026 12:46 PM

Property Details for 118 1st Street Southwest

StatusActive
MLS #7020450
Days on CompassListed Today
Taxes$1,658 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.10 AC / 4,268 SF
CountyRice County

Location

Listing Courtesy of Weichert, REALTORS- Heartland
Add your commute

Building Information for 118 1st Street Southwest

Stories-Year Built1920Building Size-Lot Size0.10 AC / 4,268 SF

Payment Calculator

$1,162 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,024

Property Taxes

$138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 1st Street Southwest

Summary
Location and General Information
  • City Name: Faribault
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: Head toward 30th Ave NW, Turn left toward 30th Ave NW, Turn right onto 30th Ave NW, Turn left onto MN-60 E, Turn right onto 4th Ave NW, Turn left onto 1st St SW, Destination will be on the left
  • Latitude: 44.289596
  • Longitude: -93.270769
  • Map Coordinate: 999-A1
  • City and Location: Faribault
  • City and Location Text: Faribault(MN)
  • Postal Code: 55021
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1831426024
  • Tax Annual Amount: $1,658.00
  • Tax Legal Description: PART L10 B5 SOUTHERN ADD LYG E OF W100FT THRF
  • Tax Other Annual Assessment Amount: $40.00
  • Tax Year: 2025
  • Tax With Assessments: 1698
School Information
  • High School District: 2145 - Faribault
  • School District Number: 2145
  • School District Phone: 5073336016
Property
Lot Information
  • Above Grade Fin SQFT: 1288.0
  • Below Grade Fin SQFT: 576.0
  • SQFT Total: 1864.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.098
  • Lot Size Dimensions: 4290 SF
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1288
  • Above Grade SqFt Total: 1288
  • Below Grade SqFt Total: 576
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1288.0
  • Fuel: Natural Gas
Interior Features
  • Appliances: Dishwasher, Range, Refrigerator
  • Basement Type: Partial, Walkout
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Porch
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 3
  • Bedrooms Total: 4
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Window Unit(s)
  • Garage Square Feet: 275
  • Heating: Forced Air
  • Levels: One and One Half
  • Room List: Bathroom, Dining Room, Bedroom, Kitchen, Laundry, Living Room, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 5 x 8
  • Room Level: Upper
  • Room Type: Bathroom
Room 2
  • Room Dimensions: 8 x 13
  • Room Level: Lower
  • Room Type: Bathroom
Room 3
  • Room Dimensions: 0 x 8
  • Room Level: Lower
  • Room Type: Bathroom
Room 4
  • Room Dimensions: 12 x 12
  • Room Level: Main
  • Room Type: Dining Room
Room 5
  • Room Dimensions: 12 x 12
  • Room Level: Upper
  • Room Type: Bedroom
Room 6
  • Room Dimensions: 10 x 12
  • Room Level: Main
  • Room Type: Kitchen
Room 7
  • Room Dimensions: 6 x 8
  • Room Level: Lower
  • Room Type: Laundry
Room 8
  • Room Dimensions: 17 x 21
  • Room Level: Main
  • Room Type: Living Room
Room 9
  • Room Dimensions: 9 x 11
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 10
  • Room Dimensions: 13 x 9
  • Room Level: Upper
  • Room Type: Bedroom 3

Property History for 118 1st Street Southwest

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Price Change

NorthStar #7020450

$210,000
Feb 12, 2026

Listed (Active)

NorthStar #7020450

Aug 2, 2021

Sold (Public Record)

Public Record #1481991408

$215,000
Aug 2, 2021

Sold (Public Record)

Public Record #1480836666

$119,000

+12.8% / yr

Aug 2, 2021

Sold

NorthStar #5765726

$215,000
Jun 1, 2021

Pending

NorthStar #5765726

May 28, 2021

Listed (Active)

NorthStar #5765726

$189,900
May 4, 2017

Off Market

NorthStar #4796881

Feb 21, 2017

Listed (Active)

NorthStar #4796881

$129,000
May 27, 2011

Sold

Lake Superior Area REALTORS #1022495

$35,000
May 25, 2011

Sold (Public Record)

Public Record #426065797

$35,000

-22.5% / yr

May 6, 2011

Pending

Lake Superior Area REALTORS #1022495

Dec 29, 2010

Listed (Active)

Lake Superior Area REALTORS #1022495

$50,000
Jun 23, 2006

Sold (Public Record)

Public Record #426070336

$123,000
Jun 23, 2006

Sold

NorthStar #3186618

$126,100
May 5, 2006

Pending

NorthStar #3186618

Apr 20, 2006

Listed (Active)

NorthStar #3186618

$129,900
DateEvent & SourcePrice
02/12/2026

Price Change

NorthStar #7020450

$210,000
02/12/2026

Listed (Active)

NorthStar #7020450

08/02/2021

Sold (Public Record)

Public Record #1481991408

$215,000
08/02/2021

Sold (Public Record)

Public Record #1480836666

$119,000

+12.8% / yr

08/02/2021

Sold

NorthStar #5765726

$215,000
06/01/2021

Pending

NorthStar #5765726

05/28/2021

Listed (Active)

NorthStar #5765726

$189,900
05/04/2017

Off Market

NorthStar #4796881

02/21/2017

Listed (Active)

NorthStar #4796881

$129,000
05/27/2011

Sold

Lake Superior Area REALTORS #1022495

$35,000
05/25/2011

Sold (Public Record)

Public Record #426065797

$35,000

-22.5% / yr

05/06/2011

Pending

Lake Superior Area REALTORS #1022495

12/29/2010

Listed (Active)

Lake Superior Area REALTORS #1022495

$50,000
06/23/2006

Sold (Public Record)

Public Record #426070336

$123,000
06/23/2006

Sold

NorthStar #3186618

$126,100
05/05/2006

Pending

NorthStar #3186618

04/20/2006

Listed (Active)

NorthStar #3186618

$129,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 118 1st Street Southwest

Taxable ValueLand$34,300Additions$138,100Total$172,400
Tax Record2025$1,698 ($142 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,681 SqFtAbove Grade Finished SqFt1,288 SqFtFinished Basement SqFt393 SqFtStories2Lot Size4,290 SqFtStyleSingle Family ResidenceYear Built1920CountyRICEAPN18.31.4.26.024

Schools near 118 1st Street Southwest

This home is within Faribault Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Faribault Middle School
Public6 to 8

Faribault Senior High School
Public9 to 12

Falcons Online Academy-Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

118 1st Street Southwest is a single family home for sale in Faribault, MN 55021. This property was listed for sale on February 12, 2026 by Weichert, REALTORS- Heartland, it's currently listed at $210,000. It has been on the market for a total of 0 days and was last sold on August 2, 2021. This listing's school district is Faribault Public School District. Nearby schools include Roosevelt Elementary School, Faribault Middle School and Faribault Senior High School. 118 1st Street Southwest is a 4-bed, 3-bath, 1,864 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert, REALTORS- Heartland

Based on information submitted to the MLS GRID as of 02/12/2026 12:46 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.