1018 2nd Street Se

Faribault, MN
$ 389,900 Beds 2 Baths 2 Sq 1,189
Monthly Estimate* How much can I afford?

TO BE BUILT - Why settle for used when you can build new? This thoughtfully designed 2-bedroom, 2-bath home offers the convenience of one-level living with room to grow. The open-concept layout features a spacious kitchen, dining, and living area, along with a private primary suite, second bedroom, and full guest bath. The unfinished basement provides excellent potential to add future bedrooms, a family room, another bathroom, or additional storage as your needs change. Built with quality craftsmanship, modern finishes, and the opportunity to personalize select finishes, this home is conveniently located near parks, schools, shopping, and everyday amenities.

Single Family

  • Price
  • $ 389,900
  • City
  • Faribault
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • RICE
  • Half Bathrooms
  • 0
  • Area
  • Brand Peony Add
  • Lot Size
  • 0.251 Acres
  • Zip
  • 55021
  • Sqr Footage
  • 1,189
  • Year Built
  • 2026
  • Taxes
  • $ 488
  • Style
  • Single Family
  • MLS#
  • 7107994
Listed By: Re/Max Advantage Plus
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1189
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Roof Architectural Shingle
Appliances Dishwasher,Gas Water Heater,Microwave,Range,Refrigerator
Garage Spaces 3
Construction Materials Frame
Year Built 2026
Electric Circuit Breakers
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Rice
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Brand Peony Add
Full Baths 2
Directions 1st St NE,South on State Ave,East on Division St E,South on 10th Ave SE,East on 2nd St SE
City Faribault
High School District Faribault
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 488
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island,Kitchen Window
PostalCity Faribault

Interior Features

Basement Walkout
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1189
Laundry Features In Basement
Total Bedrooms 2
Total Baths 2
Bath Desc Full Primary,Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 30x20
Garage Square Feet 600

Exterior Features

Parking Features Attached Garage,Asphalt,Electric,Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water - In Street
Lot Size Area 0.251
Building Area Total 2281
Lot Dimensions 73x150
Waterfront Y/N No
Foundation Area 1174
Road Frontage Type City Street,Paved Streets,Street Lights,Storm Sewer
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/11/2026 Listed $389,900

Property vs Zip Code Average in 55021

Price
AVG $430K
$390K
Taxes
AVG $4,716
$488
Year Built
AVG 1976
2026
Visits
AVG 119
50
Data Provided by Inside Real Estate®

1018 2nd Street Se Faribault, MN is a Single Family Home for sale at $389900 with 1189 sqft and a lot size of 0.251 Acres Acre(s). 1018 2nd Street Se Faribault has 2 bedrooms, 2 baths and was built in 2026. The property's zip code is 55021 which is in Faribault, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.