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MLS: #7156060, Listed By: Eric Ruud, Top Notch Properties & Realty Services, Source:FargoMoorhead Area Association of REALTORS

420 1st Street

Farmington, MN 55024
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Bed 4

Bed

Bath 2

Bath

SqFt1,766

Sqft

Acres0.33

Acre(Lot)

Opportunity Knocks in Downtown Farmington! Whether you’re looking for an owner-occupied property or the next addition to your rental portfolio, this duplex offers plenty of potential. Ideally located in downtown Farmington and situated on a large corner lot, the property provides room to expand and maximize its investment potential. The main-level unit has been updated and is ready to rent. The upper-level unit needs just a few finishing touches before it can be placed on the rental market. Both units feature 2 bedrooms and 1 bathroom, offering a desirable layout for tenants. The basement provides shared laundry facilities and additional storage space. Outside, the property offers a large driveway, a 2-car garage, and an additional shed, providing excellent parking and storage options. The extra space may also offer an opportunity for additional rental income. With its downtown location, spacious lot, multiple storage options, and value-add potential, this property is a great opportunity for an investor or owner occupant. Schedule your showing today and see the possibilities for yourself!

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Detail Ic Property Details

Property Type : Residential Income

Price : $349,900

AD Id : 91751887

MLS Id : 7156060

Beds : 4

Lot Size : 0.33 Acre

Living Area Size : 1,766 Sq. Ft

Tax Amount : $3,968

Year Built : 1940

Garage : 2

County : Dakota

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1940 Building Area Total: 2681 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 120x120x120x120 Main Square Feet: 0.33 Acres Lot Size Acres: 0.33 Lot Size Square Feet: 14374.8

    Property Information

    Subdivision: Town Of Farmington Source Property Type: Residential Income Postal Code Plus 4: 1220 Property SubType: Duplex Levels: Two Property Age: 86

  • Listing Price Information

    Listing Price: $349900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 147700013061 Tax Year: 2026 Annual Tax: $3968 Tax Legal Desc: TOWN OF FARMINGTON S 120 FT OF LOTS 5 & 6 Block 13

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Denmark Ave to Spruce Street East to dulpex WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 10/11/2026 @ 06:20

MLS: 7156060 LISTED BY: Eric Ruud, Top Notch Properties & Realty Services 651-460-6674 SOURCE: FargoMoorhead Area Association of REALTORS

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