CASH flow! Price is for 3 townhomes and each have their own PID. Great opportunity to own 3 units in one building for rental income. 934 Willow Street is an end unit and both 942 & 946 Willow Street are middle units. Each unit is 2 beds and 1 full bathroom upstairs and 1 quarter bath in the lower level. Opportunity to add more living space in the lower level and expand the quarter bathroom to a 3/4 or full bathroom if desired. Each unit has its own detached garage space(10X24) The roof was replaced by association in 2022. Owner pays association dues of $125 per month, per unit(covers trash, insurance, snow removal & lawn care). Tenants pay all other utilities, including water. Unit 934 could have a 3rd bedroom. Has an egress window and closet framed out but not completed. Other 2 units do not have a lower level egress window. Total Operating expenses per year $8,354 ($3,854 taxes + $4,500 association dues) $40,200 - $8,354 = $31,846 (NOI)
Closed
$347,500
934 Willow St, Faribault, MN 55021
6beds
6baths
3,429sqft
Other
Built in 1968
-- sqft lot
$319,900 Zestimate®
$101/sqft
$1,720 Estimated rent
Home value
$319,900
$288,000 - $352,000
$1,720/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 04:44pm
Listed by:
Twin Cities Home Group 952-324-0015,
Real Broker, LLC,
Brad Lacher 952-200-1994
Bought with:
Rose Watschke
WGRB Properties LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6422013
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Baseboard, Boiler
Features
- Basement: Block
Interior area
- Total structure area: 3,429
- Total interior livable area: 3,429 sqft
- Finished area above ground: 2,286
- Finished area below ground: 400
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Garage Dimensions (12x24), Garage Door Height (7)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck, Front Porch, Porch
- Fencing: None
Lot
- Size: 435.60 sqft
- Features: Wooded
- Topography: Level
Details
- Foundation area: 1143
- Additional parcels included: 1806202002,1806202006
- Parcel number: 1806202008
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Stucco, Block, Frame
- Roof: Age 8 Years or Less
Condition
- Age of Property: 57
- New construction: No
- Year built: 1968
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Faribault
- Subdivision: Common Interest Cmnty 48 Will
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Listing removed | $1,350 |
Source: Zillow Rentals | ||
| 3/14/2025 | Listed for rent | $1,350+35.7% |
Source: Zillow Rentals | ||
| 10/4/2023 | Sold | $347,500+2.2%$101/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6422013 | ||
| 9/20/2023 | Pending sale | $340,000$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6422013 | ||
| 8/22/2023 | Listed for sale | $340,000+230.1%$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6422013 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,556 +6% | $129,900 +4.5% |
| 2024 | $1,468 +2.8% | $124,300 +1.4% |
| 2023 | $1,428 +18.2% | $122,600 +6.6% |
Find assessor info on the county website
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.5 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$319,900
2% more+ $6,398
With Zillow Showcase(estimated)
$326,298