624 3rd Street, Farmington, MN 55024 (MLS# 7047635)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1928
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family, Residential-Single Famil
Main Floor Total SqFt: 872
Above Ground SqFt: 1744
Below Grd Total SqFt: 756
Total SqFt: 2500
Foundation Size: 1512
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2500.00
Garage Stalls: 2
Lot Dimensions: 59X170X60X170'
Acres: 0.23
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Construction Status: Previously Owned Exterior: Stucco Foundation: Other Fuel: Natural Gas Heating: Forced Air Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sellers Terms: Cash Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Ceiling Fan(s); Hardwood Floors Unit 1 Bath Description: 3/4 Basement; Upper Level Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Living/Dining Room Unit 1 Family Room Characteristics: Main Level Unit 2 Amenities: Ceiling Fan(s); Hardwood Floors; Kitchen Window Unit 2 Bath Description: 3/4 Basement; Upper Level Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Living/Dining Room Unit 2 Family Room Characteristics: Main Level Water: City Water/Connected

Contract Information

Off Market Date: 2026-04-09
Contingency: None
Original List Price: 205000
ListPrice: 205000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 624
Street Name: 3rd
Street Suffix: Street
Postal City: Farmington
County: Dakota
State: MN
Zip Code: 55024
Complex/Dev/Subdivision: M Moes Add

Assessments

Tax With Assessments: 6130
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1744
Finished SqFt Below Ground: 756

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 361

Public Survey Info

Range#: 19
Section#: 31
Township#: 114

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
3/4 Baths: Yes
Finished SqFt: 1250
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 11

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
3/4 Baths: Yes
Finished SqFt: 1250
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 11

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: M MOES ADDITION 4 34 EX S 1 FT OF
Listing City: Farmington
Map Page: 177
Municipality: Farmington
School District: Farmington
School District Phone: 651-463-5000
Zip Plus 4: 1654
Property ID Number: 144900034040
Tax Year: 2026
Tax Amount: 6130
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Unlock the incredible potential of this spacious duplex, perfectly situated in one of the area’s most sought-after pockets. This isn’t just a property; it’s a blank canvas waiting for a complete transformation. Whether you're looking to create a income generator or a unique multi-generational living space, the "bones" and the location provide the perfect foundation. The property boasts a generous lot with ample yard space—ideal for gardening, entertaining, or potential expansion. Inside, the layout is ready for a modern reimagining. Bring your contractor, your architect, and your best ideas to restore this beauty to its former glory. Sold strictly AS-IS, this is the project you’ve been waiting for. Don't miss the chance to build equity in a prime location!
Directions: MN-3 into downtown Farmington and turn west onto MN-50/Elm St, left onto 3rd St property on your right.

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Unit 1 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes

Unit 1 Bath Description

3/4 Basement: Yes
Upper Level Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Living/Dining Room: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 2 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Window: Yes

Unit 2 Bath Description

3/4 Basement: Yes
Upper Level Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Living/Dining Room: Yes

Unit 2 Family Room Characteristics

Main Level: Yes