600 Oak Street, Farmington, MN 55024

$360,000
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 5,806 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $360,000 List Date: 5/21/2026 Last Modified: 7/14/2026

Overview

Description

Discover a rare and versatile property in the heart of Farmington featuring an updated triplex plus a separate single-family home, all on one spacious parcel. Whether you're a seasoned investor or looking to live in one unit while generating rental income from the others, this property offers exceptional potential. The triplex includes one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Each thoughtfully updated within the last five years to reflect modern finishes and comfort. In addition, the standalone 2-bedroom, 1-bath single-family home provides a private living space perfect for an owner-occupant, on-site manager, or additional tenant. Each unit has its own charm, with updated kitchens, baths, flooring, and fixtures. The property also offers off-street parking and is conveniently located near downtown amenities, schools, and public transportation.

Listing Details MLS# 7078257

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1003
Above Ground SqFt
4306
Below Grd Total SqFt
1500
Total SqFt
5806
Foundation Size
1500
Style
(MF) Triplex
Total Finished Sqft
4306.00
Lot Dimensions
180x60
Acres
0.25
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Fiber Board Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
420000
ListPrice
360000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
600
Street Name
Oak
Street Suffix
Street
Postal City
Farmington
County
Dakota
State
MN
Zip Code
55024
Complex/Dev/Subdivision
Humphreys Add

Assessments

Assessment Balance
3070
Tax With Assessments
9554

Building Information

Finished SqFt Above Ground
4306

More Information

Income and Expenses

Annual Gross Income
68400
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
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

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
19
Section#
31
Township#
114

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
13200
Finished SqFt
650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
3/4 Baths
Yes
Annual Rent
19200
Finished SqFt
1003
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
2

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
3/4 Baths
Yes
Annual Rent
19200
Finished SqFt
1003
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
2

Unit 4

Furnished?
No
Leased?
No
Unit Number
4
3/4 Baths
Yes
Annual Rent
16800
Finished SqFt
1650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
2

Unit Details

Total Units
4

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
HUMPHREYS ADDITION 1 2 W 1/2 OF N 1/2
Listing City
Farmington
Map Page
177
Municipality
Farmington
School District
Farmington
School District Phone
651-463-5000
Zip Plus 4
554
Property ID Number
143390002013
Tax Year
2025
Tax Amount
6484
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Discover a rare and versatile property in the heart of Farmington featuring an updated triplex plus a separate single-family home, all on one spacious parcel. Whether you're a seasoned investor or looking to live in one unit while generating rental income from the others, this property offers exceptional potential. The triplex includes one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Each thoughtfully updated within the last five years to reflect modern finishes and comfort. In addition, the standalone 2-bedroom, 1-bath single-family home provides a private living space perfect for an owner-occupant, on-site manager, or additional tenant. Each unit has its own charm, with updated kitchens, baths, flooring, and fixtures. The property also offers off-street parking and is conveniently located near downtown amenities, schools, and public transportation.
Directions
Highway 3 to Oak Street. Head west on Oak to 6th. House is on the corner.

Accessible

None
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Fiber Board
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: Metzen Realty and Associates CO.
Last Updated: July - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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