118 1st St SW

1,864 Sq. Ft.
$103 / Sq. Ft.
1,864
Sq. Ft.
$103
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

Property Details for 118 1st Street Southwest

Subdivision Name
Southern Add
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 06/08/2026 11:55 AM

Property Details for 118 1st Street Southwest

StatusActive
MLS #7033656
Days on Compass2
Taxes$1,658 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1920
Lot Size0.10 AC / 4,268 SF
CountyRice County

Location

Listing Courtesy of Weichert, REALTORS- Heartland
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Building Information for 118 1st Street Southwest

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

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$1,094 per month

30 year fixed, 6.36% Interest

Principal and Interest

$956

Property Taxes

$138

HOA Dues

$0

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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: 656 - Faribault
  • School District Number: 656
  • 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
  • Property Type: Residential
  • SQFT Main Total: 1288
  • Building Area Total: 1864.0
  • 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
  • Exterior Features: Steel Siding
  • Foundation Area: 1288.0
  • Foundation Details: Stone
  • 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)
  • DP Resource: Yes
  • 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
May 27, 2026

Price Change

NorthStar #7033656

$191,900
Mar 18, 2026

Price Change

NorthStar #7033656

$199,900
Mar 12, 2026

Price Change

NorthStar #7033656

$209,900
DateEvent & SourcePrice
05/27/2026

Price Change

NorthStar #7033656

$191,900
03/18/2026

Price Change

NorthStar #7033656

$199,900
03/12/2026

Price Change

NorthStar #7033656

$209,900

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

Public Records for 118 1st Street Southwest

Taxable ValueLand$38,500Additions$142,100Total$180,600
Tax Record2026$1,824 ($152 / 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 - 6 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Faribault Middle School
Public6 to 8

Faribault Senior High School
Public9 to 12

Faribault Allina PHP
Public6 to 12

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

118 1st Street Southwest is a single family home for sale in Faribault, MN 55021. This property was listed for sale on March 12, 2026 by Weichert, REALTORS- Heartland, it's currently listed at $191,900. It has been on the market for a total of 2 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 06/08/2026 11:55 AM. 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.