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  • $296,900

    728 Colonial Cir, Faribault, MN 55021

    4beds
    2baths
    2,424sqft
    Duplex Up and Down
    Built in 1983
    -- sqft lot
    $329,300 Zestimate®
    $122/sqft
    $1,713 Estimated rent

    Home value

    $329,300

    $306,000 - $356,000

    $1,713/mo

    Zestimate® history
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    $1,804/mo

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    What's special

    JINGLE BELLS, JINGLE BELLS, JINGLE ALL THE WAY! Listen closely—those are the sweet sounds of rental income rolling in! The ultimate holiday gift is here—an adorable duplex that’s as cozy & magical as the season itself. Tucked at the end of a cul-de-sac, this beauty offers all the good stuff—privacy, minimal traffic, & a neighborly feel. With a gorgeous 0.422-acre lot, it’s your slice of serenity. Live in the main-level 2BR/1BA with its private composite deck, or rent both units for double the income! Either way, this smart investment starts generating cash flow from day one. If rental income & cozy living are your jam, this is the perfect match! The lower-level 2BR/1BA, with its private patio, already has a stable, long-time tenant in place. With this reliable tenant, you’re set to unwrap instant rental income from day one—talk about a holiday bonus. Each apartment has its own private entrance, in-unit laundry (no hauling laundry in the cold!), & a stall in the shared 2-car garage—perfect for snowy mornings. Plus, each unit has its own electric meter to keep billing simple & separate! Both units also have huge living rooms—plenty of space for a show-stopping Christmas tree & all your favorite things. The backyard is your peaceful hideaway, with sweeping hillside views over the south side of town. Cozy, cash-flow-ready, & ready to bring the magic—this duplex is the holiday sparkle you’ve been waiting for!

    Zillow last checked: 8 hours ago

    Listing updated: May 06, 2025 at 02:24am

    Listed by:

    James E. Barta 507-330-3035,

    RE/MAX Experts,

    Patricia Barta 612-404-0075

    Bought with:

    Rose Watschke

    WGRB Properties LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6627184MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Boiler, Hot Water
    Features
    • Basement: Block,Egress Window(s),Finished,Full,Owner Access,Single Tenant Access,Walk-Out Access
    Interior area
    • Total structure area: 2,424
    • Total interior livable area: 2,424 sqft
    • Finished area above ground: 1,212
    • Finished area below ground: 1,135

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    • Details: Garage Dimensions (24 x 24), Garage Door Height (7), Garage Door Width (9)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Fencing: Chain Link
    Lot
    • Size: 0.42 Acres
    • Dimensions: 18,396 SF
    • Features: Many Trees
    Details
    • Foundation area: 1212
    • Parcel number: 1836452015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Wood Siding
    Condition
    • Age of Property: 42
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Faribault
    • Subdivision: Colonial Heights

    Price history

    DateEventPrice
    12/18/2024Sold$296,900-1%$122/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6627184
    11/23/2024Pending sale$299,900$124/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6627184
    11/7/2024Listed for sale$299,900$124/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6627184

    Public tax history

    YearProperty taxesTax assessment
    2025$3,434 -3.9%$311,300 +5.5%
    2024$3,574 +2.3%$295,200 -5.2%
    2023$3,494 +14.4%$311,300 +5.5%

    Find assessor info on the county website

    Neighborhood: 55021

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $329,300
    2% more+ $6,586
    With Zillow Showcase(estimated)
    $335,886