422 1st Street NW - Photo 1
1 / 35
422 1st Street NW
422 1st Street NW
422 1st Street NW
422 1st Street NW
422 1st Street NW

422 1st Street NW, Faribault, MN 55021 - MLS# 7127006

MLS® #: 7127006|Days on Market: 55|Listed: Sep 3, 2026

$263,900

$279,900↓ 5.7%
Bedrooms
4
Bathrooms
2
Square Feet
1,789
Acres
0.25
Year Built
1916
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
3
Days on Market
55
School District
656 - Faribault

Well maintained, family home looking for its next adventure. Whether you're giving your family space to move or you decide to use the current bones and bring her back as a duplex. The beautiful woodwork is a testament to home’s era. Original hardwood floors make clean up a breeze. This home boasts four bedrooms upstairs with a full bath and access to a full attic. The main floor is host to an open foyer living and dining room ready for those family gatherings the pantry cupboards are even child-proofed! A 3/4 bath and office located on the main level or additional bedroom. The laundry chute makes getting laundry to the basement a breeze. Owner installed water softener & whole home filtration system, along with a 5 year old water heater helps with your watering needs. You could add another bedroom to the basement or make it the "man-cave". HVAC was updated in 2021 and has UV filtering. The roof was done this summer and siding will be completed soon. The covered porch makes for quiet evenings watching the sunset or watching the thunderstorms roll in. Fresh blacktop on driveway in 2024. The two-car garage has partial concrete flooring and full loft. Within walking distance of everything Faribault has to offer, schedule your showing today!

422 1st Street NW, Faribault, MN 55021

Ask an Agent

Interior Information

BasementFull
AppliancesDishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Water Softener Owned
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryIn Basement
Dining RoomInformal Dining Room
Interior AmenitiesCeiling Fan(s), Hardwood Floors, Main Floor Primary Bedroom, Natural Woodwork, Porch, Walk-Up Attic

Size & Levels

LevelsTwo
Total Finished Sq Ft2,545 sq ft
Above Grade Finished1,789 sq ft
Main Level Finished756 sq ft

Bathrooms

Full Baths1
3/4 Baths1
Bathroom DetailsMain Floor 3/4 Bath, Upper Level Full Bath

Rooms

Other Rooms

Living Room13' x 14'
Dining Room11' x 14'
Kitchen11' x 10'
Office13' x 11'
Bedroom10' x 11'
Bedroom 211' x 12'
Bedroom 311' x 12'
Bedroom 411' x 10'
Pantry (Walk-In)7' x 5'
Porch26' x 8'

Exterior & Parking

ExteriorVinyl
ConstructionStone
RoofAge 8 Years or Less
FoundationStone
Patio / PorchPorch
Garage Stalls3
Garage Size30 x 19 (570 sq ft)
ParkingDetached Garage, Concrete

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.25 acres
Lot Dimensions66 x 165
Lot DescriptionTree Coverage - Light
ZoningResidential-Single Family
SubdivisionCity/Faribault
TownshipFaribault
CountyRice
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street

Financial & Tax Information

Annual Taxes$2,564
Tax Year2026
Tax w/ Assessments$2,564
Assessment PendingNo
Parcel Number1831126428
Financing OptionsConventional, VA, FHA, Cash, Rural Development
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 44% of occupied homes are owner-occupied, and the average commute is 19 minutes.

Cost of Ownership

Median home value

$182,900

Lower than the Faribault median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$1,421/yr

Lower than the Faribault median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,241/mo

Lower than the Faribault median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$555/mo

Similar to the Faribault median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,234/mo

Higher than the Faribault median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

44%

Lower than Faribault overall

The share of occupied homes lived in by their owners.

Median year built

1972

Similar to the Faribault median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2000-200924%
  • 1970-197920%
  • 1939 or earlier25%

Types of homes

The share of housing units in each building type.

  • Single-family detached48%
  • 5+ units16%
  • Mobile home18%

Getting Around

Average commute

19 min

Similar to the Faribault median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone73%
  • Carpool19%

Homes with broadband

99%

Higher than Faribault overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Faribault Public School District

This home is in the Lincoln Elementary, Faribault Middle and Faribault Senior High attendance areas of Faribault Public School District.

Elementary

More than one school serves this area

Lincoln Elementary

Grades K-5 · 0.6 mi away

Enrollment
391
Students per teacher
12.2

510 Lincoln Ave NW, Faribault, MN 55021

(507) 333-6600

Middle

Faribault Middle

Grades 6-8 · 1.5 mi away

Enrollment
594
Students per teacher
13.8

704 17th St SW, Faribault, MN 55021

(507) 333-6300

High

Faribault Senior High

Grades 9-12 · 0.6 mi away

Enrollment
956
Students per teacher
18.4

330 9th Ave SW, Faribault, MN 55021

(507) 333-6100

School assignments can change. Verify enrollment with Faribault Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Broker Reciprocity logo
Listed by: Edina Realty, Inc.
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.