





849 8th Avenue SW, Faribault, MN 55021 - MLS# 7148050
$250,000
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!
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Lower Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
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.






