Wells Real Estate

Wells, Minnesota is a small city located in Faribault County. With a population of just under 1,000 people, it's a great place to live for those who want to enjoy a peaceful, rural lifestyle. The city is surrounded by rolling hills and lush farmland, providing beautiful views of the countryside. Wells is a great place for families, as there are plenty of outdoor activities to enjoy, such as hiking, biking, fishing, and camping. The city also has a variety of local shops, restaurants, and entertainment options.

Wells is a great place to invest in real estate, as the city is growing and property values are increasing. There are many homes available for purchase, ranging from single-family homes to larger estates. There are also plenty of commercial properties for sale, ranging from office buildings to retail space. With a low cost of living and a strong local economy, Wells is an excellent place to invest in real estate.

The city of Wells is served by a number of excellent schools, including two elementary schools and one high school. The city also has a public library, a community center, and a number of parks and recreation areas. With its small-town charm and close proximity to larger cities, Wells is an ideal place to live and work.

Whether you're looking for a place to call home or an investment opportunity, Wells, Minnesota is an excellent choice. With its beautiful scenery, strong economy, and low cost of living, it's a great place to live and invest in real estate.

Newest Listings in Wells

$189,900

7119515 MLS

Approximately 6,300 square feet of clean, flexible-use commercial space is available for sale in Wells! Located in a prime location with high-visibility and high-traffic, this building presents itself to many different uses. An updated interior with new bathrooms, flooring, trim, paint, fixtures, & more, plus on-site parking are good features. Contractor work to be completed early August; more details to come.

290 1st Avenue NE, Wells

Listing courtesy of True Real Estate.

$99,900

4 Beds ⋅ 2 Baths ⋅ 7099063 MLS

Investors Special! Take a look at this 4 bedroom 2 bath home with a double stall garage! This home features lots of storage plus a bonus room! Put your finishing touches on this home and make it your own!

317 2nd Avenue SW, Wells

Listing courtesy of Robert Hoffman Realty Inc..

$259,000

4 Beds ⋅ 2 Baths ⋅ 7097437 MLS

Stunningly Updated 4-Bed, 2-Bath Home in Wells – Major 2024-2025 Investments Make This Classic 1919 Home Efficient, Reliable & Move-In Ready! This beautifully transformed home blends timeless character with extensive high-quality updates that deliver modern efficiency, comfort, and peace of mind. Significant recent investments (completed 2024–2025) have modernized this older home far beyond typical expectations, including a new roof (Aug 2024), new vinyl siding with R-3 pink insulation, energy-efficient new-construction vinyl windows, new soffit & gutters with gutter guards, new HVAC system, 200 Amp electrical service with Minnesota State final inspection (Nov 2025), and updated plumbing with PEX + PVC. Additional upgrades include new exterior and interior doors, concrete patio, privacy fence, and professional landscaping. Inside, you’ll love the bright, functional layout with preserved architectural charm — including a stunning wooden staircase and rich wood trim — paired with fresh modern finishes. The main floor offers a spacious living room, dining area, updated kitchen with white cabinetry and attractive countertops, one bedroom, and a full bath. Upstairs features a generous primary bedroom with walk-in closet, two additional bedrooms, and another full bath. The large basement provides excellent bonus space with knotty pine walls and sealed & painted walls and floors — ideal for a workshop, rec room, storage, or future finishing. Laundry and utilities are neatly organized in this clean, functional lower level. Enjoy the private, low-maintenance backyard with patio and fencing, plus strong curb appeal on a nice lot with mature trees. All the expensive, high-impact updates have already been completed, so you can enjoy lower utility bills, modern systems, and worry-free living in a home with real character. Move-in ready and truly turn-key. Don’t miss it!

90 5th Avenue NW, Wells

Listing courtesy of True Real Estate.

$125,000

1 Baths ⋅ 7095582 MLS

This property is currently used as a van garage. Nine overhead doors, one service door, two hanging furnaces, and half bath. The seller is a tax exempt entity. If the buyer is not a tax exempt entity, the real estate taxes will change. Please contact the Faribault County Assessor for specifics.

301 2nd Street NW, Wells

Listing courtesy of Brad Heggen Realty, Inc.

$235,000

3 Beds ⋅ 3 Baths ⋅ 7088366 MLS

Welcome home to private living right on the edge of the gorgeous town of Wells! This beautifully landscaped property offers the perfect blend of peace and community, complete with friendly neighbors. Enjoy the fully fenced-in backyard—ideal for pets or outdoor gatherings—plus an extra shed to neatly stow your lawnmower and tools. Best of all, the rooftop solar panels are fully transferable to the next homeowner for immediate energy savings. The next best thing is: The On Demand Water heater! Don't miss this beautiful, move-in-ready gem! Also: check out the attic space!!! You will love this property!! Take advantage of a fantastic opportunity!

350 Thurman Street, Wells

Listing courtesy of eXp Realty.

$100,000

3 Beds ⋅ 1 Baths ⋅ 7085782 MLS

Calling all investors and equity-builders! Exceptional potential awaits with this 3-bedroom, 2-bathroom rambler on a great lot in Wells. The heavy lifting on major mechanicals has already been started, featuring an updated forced air heating system and a fully updated electrical system (receipts available upon request). This property has been deemed uninhabitable by the City of Wells and is ready for your vision, tools, and rehabilitation plans. Cash or rehab financing only. Let’s make a deal!

781 4th Avenue SE, Wells

Listing courtesy of eXp Realty.

$95,000

2 Beds ⋅ 2 Baths ⋅ 7052558 MLS

***Back on the market due to buyer's inability to secure financing. Don't miss out on this opportunity!**** Welcome to this charming and affordable home in Wells where owning a home can cost less per month than renting. This well maintained property offers 2 bedrooms, 2 bathrooms, and 1034 square feet of comfortable living space along with a versatile bonus room that can be used as an office, guest space, or hobby room. The home features an updated kitchen along with major upgrades including a newer HVAC system, newer roof, and newer windows. These improvements provide peace of mind and help keep monthly expenses more predictable. The layout is functional and inviting, making it easy to settle in and feel at home right away. If you have been renting, this is your opportunity to put that monthly payment toward ownership instead. With today’s market, a mortgage payment on this home could be less than what you would pay in rent. Affordable, updated, and move in ready, this is an opportunity you do not want to miss. This property is not for rent.

245 3rd Avenue SE, Wells

Listing courtesy of Brad Heggen Realty, Inc.

$315,000

7016268 MLS

10-unit apartment building for sale, stand alone building in Wells, MN. Self-sustained asset with recent improvements and improved tenancy. 2 studios, 4 single bedrooms, 4 two-bedrooms units. Owner laundry: washer and dryer - not coin operated. Unfinished basement used for storage and supplies. Other rental storage spaces for future opportunity. On street parking. 1 vacancy of a 2-bedroom unit currently being remodeled. Great opportunity for long tern or short term lease.

10 1st Avenue NW, Wells

Listing courtesy of RE/MAX Results.

$15,000

5248539 MLS

Industrial building lot in South Industrial Park, Wells

L1 B3 South Industrial Park, Wells

Listing courtesy of Brad Heggen Realty, Inc.

$38,281

5248519 MLS

Be one of the first to open for business in the brand new Wells Business Park. Located on the north edge of town, right on State Highway 22, so highly visible to the motoring public. Turn lanes, curb, gutter, paved street and all utilities are already in place, so just pick a lot and start building. Zoned service/commercial.

L2 B2 Business Park Addition, Wells

Listing courtesy of Brad Heggen Realty, Inc.

$23,186

5248262 MLS

L1 B1 Business Park Addition, Wells

Listing courtesy of Brad Heggen Realty, Inc.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.