849 8th Avenue SW - Photo 1
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849 8th Avenue SW
849 8th Avenue SW
849 8th Avenue SW
849 8th Avenue SW
849 8th Avenue SW

849 8th Avenue SW, Faribault, MN 55021 - MLS# 7148050

MLS® #: 7148050|Days on Market: 26|Listed: Oct 2, 2026

$250,000

$275,000↓ 9.1%
Bedrooms
4
Bathrooms
2
Square Feet
2,688
Acres
0.323
Year Built
1950
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
2
Days on Market
26
School District
656 - Faribault

Are you an investor looking for their next project or simply looking for a home with built-in equity and a project with great potential for your own home? This spacious Faribault rambler offers 4 bedrooms on one level, over 2,200 square feet on the main floor, an attached 2-car garage, and a large corner lot; all ready for its next owner to bring their vision and give it the glow-up it deserves! Inside, you’ll find an incredibly spacious and versatile floor plan with hardwood floors throughout much of the main level, including hardwood hidden beneath the living room carpet. The massive primary bedroom and three additional bedrooms are all conveniently located on one level. Multiple living spaces provide plenty of room to spread out, including a large main-level family room with vaulted ceilings and one of the home’s two fireplaces. Built-in cabinetry and hutches add character and valuable storage throughout. Main level and lower level family rooms, two fireplaces, generous room sizes, abundant storage, and an amazing primary bedroom are but a few reasons making this home an incredible foundation for updating, remodeling, and creating something truly special! Outside, enjoy the large corner lot, patio, garden space, alley access, and attached 2-car garage with plenty of room for vehicles and storage. Conveniently located near Faribault Senior High School, Jefferson Elementary, Bethlehem Academy, parks, shopping, restaurants, and everyday amenities, this property combines space, location, character, and tremendous potential. If you’ve been searching for a spacious Faribault rambler with 4 bedrooms on one level and the opportunity to build equity through updates, this is one you won’t want to miss!

849 8th Avenue SW, Faribault, MN 55021

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Interior Information

BasementDaylight/Lookout Windows, Full, Partially Finished, Storage Space
AppliancesDishwasher, Dryer, Exhaust Fan, Freezer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces2
Fireplace FeaturesBrick, Electric, Family Room, Full Masonry, Living Room, Wood Burning
LaundryIn Basement, Gas Dryer Hookup, Sink, Washer Hookup
Dining RoomEat In Kitchen, Kitchen/Dining Room
Interior AmenitiesCeiling Fan(s), Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Other, Patio, Paneled Doors, Porch, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup
AccessibilityOther

Size & Levels

LevelsOne
Total Finished Sq Ft3,342 sq ft
Above Grade Finished2,228 sq ft
Below Grade Finished460 sq ft
Main Level Finished2,228 sq ft

Bathrooms

Full Baths2
Bathroom DetailsMain Floor Full Bath

Rooms

Main Level Rooms

Family Room21' x 14'
Dining Room12' x 9'
Kitchen16' x 15'
Bedroom24' x 16'
Bedroom 213' x 13'
Bedroom 312' x 10'
Bedroom 410' x 9'
Patio24' x 15'

Lower Level Rooms

Family Room23' x 20'
Laundry23' x 15'

Exterior & Parking

ExteriorShakes, Wood
RoofAsphalt
FoundationBlock
Patio / PorchFront Porch, Patio, Rear Porch
Garage Stalls2
ParkingAttached Garage, Concrete, Garage Door Opener

Lot & Utilities

Property SubtypeSingle Family
Single Family TypeRanch-Style Home
Lot Size0.323 acres
Lot Dimensions100x141
Lot DescriptionPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
ZoningResidential-Single Family
SubdivisionSouthern Heights
TownshipFaribault
CountyRice
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
FencingPartial, Privacy, Wood
Other StructuresStorage Shed

Financial & Tax Information

Annual Taxes$3,798
Tax Year2026
Tax w/ Assessments$3,798
Assessment PendingNo
Parcel Number1806226055
Financing OptionsConventional Rehab, Conventional, Cash
List TypeExclusive Right To Sell
ForeclosureYes

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1960-1969, about 77% of occupied homes are owner-occupied, and the average commute is 25 minutes.

Cost of Ownership

Median home value

$233,000

Similar to the Faribault median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$2,240/yr

Similar to the Faribault median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,509/mo

Similar to the Faribault median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$619/mo

Higher than the Faribault median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,250/mo

Higher than the Faribault median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

77%

Higher than Faribault overall

The share of occupied homes lived in by their owners.

Median year built

1958

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.

  • 1970-197912%
  • 1960-196923%
  • 1950-195916%
  • 1940-194916%
  • 1939 or earlier21%

Types of homes

The share of housing units in each building type.

  • Single-family detached88%

Getting Around

Average commute

25 min

Higher than 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 alone75%
  • Carpool15%
  • Work from home7%

Homes with broadband

95%

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

Broker Reciprocity logo
Listed by: RE/MAX Advantage Plus
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.