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Faribault, MN

Apartment Building

Faribault, MN Apartment Buildings for Sale

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Medford, MN Morristown, MN Dundas, MN Lonsdale, MN Northfield, MN Owatonna, MN Kilkenny, MN Montgomery, MN

9-Unit Mixed-Use Property

Updated: Aug 31

9-Unit Mixed-Use Property

14 3rd Street NW, Faribault, MN 55021

$1,095,000

0.08 AC lot

Nine‑unit mixed‑use building with eight apartments and one commercial space
Renovated apartments feature updated kitchens, bathrooms, flooring and finishes
Apartments have electric baseboard heat; residents control and pay for their heating
Commercial lease extends through December 2030
Newer roof with transferable warranty and new fire panel

7-Unit Apartment Building with Porch

Updated: May 1

7-Unit Apartment Building with Porch

226 7th Street NW, Faribault, MN 55021

$525,000

0.35 AC lot

Seven apartment units
Built in 1890
0.348‑acre corner lot
Separate electric service for each unit; shared heating
Large open‑frame porch and basement

Renovated Mixed-Use Property

Renovated Mixed-Use Property

14 3rd St NW, Faribault, MN 55021

$1,095,000

3,300 sqft

Downtown asset combines upgraded apartments with a leased commercial component.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Seven-Unit Apartment Residence

Seven-Unit Apartment Residence

226 7th St Nw, Faribault, MN 55021

$525,000

Historic seven-unit apartment property with classic hardwood floors, open-frame porch, basement, and gravel driveway parking.

Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 4 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartments

Mixed-Use Building with Apartments

138 N Main St, Janesville, MN 56048

$475,000

12,361 sqft

Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.

Mixed-Use Property with Apartments

Mixed-Use Property with Apartments

03-307-309 2nd Street NW, Waseca, MN 56093

$525,000

0.54 AC lot

Combination of occupied apartments and self-storage units supports two established commercial uses.

Mixed-Use Building with Apartments

Mixed-Use Building with Apartments

138 N Main Street, Janesville, MN 56048

$450,000

0.28 AC lot

The property combines residential units, commercial suites, and additional lower-level space.

Mixed-Use Property with Storage

Mixed-Use Property with Storage

307-309 2nd Street Northwest, Waseca, MN 56093

Contact for pricing

The nine apartments are fully occupied, and tenants pay their own heat and electric.

Off-Market Properties in Faribault, MN

Consider similar Off-Market properties in Faribault, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$255,000

0.99 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$7,945,000

1.00 AC lot

APARTMENT HOUSE (5+ UNITS)

41 Brand Ave, Faribault, MN 55021-6458

Estimated value:

$520,000

14,874 sqft 2.10 AC lot

1415 Pr SW Ave

APARTMENT HOUSE (5+ UNITS)

1415 Pr SW Ave, Faribault, MN 55021-6797

Estimated value:

$240,000

1.00 AC lot

2500 14th NE St, Unit 152

APARTMENT HOUSE (5+ UNITS)

2500 14th NE St, Faribault, MN 55021-2515

Unit 152

Estimated value:

$430,000

860 sqft 2.57 AC lot

615 2nd NW Ave

APARTMENT HOUSE (5+ UNITS)

615 2nd NW Ave, Faribault, MN 55021-4211

Estimated value:

$235,000

0.24 AC lot

607 2nd NW Ave

APARTMENT HOUSE (5+ UNITS)

607 2nd NW Ave, Faribault, MN 55021-4211

Estimated value:

$385,000

1,380 sqft 0.33 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$265,000

2.06 AC lot

1520 17th NW St

APARTMENT HOUSE (5+ UNITS)

1520 17th NW St, Faribault, MN 55021-2817

Estimated value:

$420,000

29,204 sqft 3.50 AC lot

935 Spg Rd

APARTMENT HOUSE (5+ UNITS)

935 Spg Rd, Faribault, MN 55021-6975

Estimated value:

$355,000

9,216 sqft 1.40 AC lot

520 Ravine St

Residential income properties

520 Ravine St, Faribault, MN 55021

Estimated value: by Request

4,781 sqft 0.44 AC lot

1760 Willow St

APARTMENT HOUSE (5+ UNITS)

1760 Willow St, Faribault, MN 55021-6279

Estimated value:

$250,000

3.60 AC lot

1750 Willow St

APARTMENT HOUSE (5+ UNITS)

1750 Willow St, Faribault, MN 55021-6279

Estimated value:

$275,000

2.20 AC lot

828 1st NE St

APARTMENT HOUSE (5+ UNITS)

828 1st NE St, Faribault, MN 55021-5438

Estimated value:

$445,000

6,792 sqft 2.80 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$250,000

1.10 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$265,000

1.26 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$245,000

1.32 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$255,000

2.74 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:

$255,000

3.36 AC lot

Faribault, MN Apartment Buildings Market Trends and Statistics

Explore 23 apartment buildings for sale in Faribault, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,300 square feet of properties for sale, with an estimated market value of $3,240,000.

Sale prices for apartment complexes in Faribault, MN start at $525,000, averaging $810,000, and reaching up to $1,095,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 31K

Population Growth (5Y) +2.8%

Median Household Income $70,296

College Educated 26.6%

High-Yield Neighborhoods for Investment

Identify Faribault submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
55021	$905K

Taxes & Financing

Tax Rate (average for all types) 2.31%

Property Tax per SF $36.07 per SF

Tax Rate vs County Average 0.12 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Faribault fall within the 100,000+ square foot range.

How Realmo verifies these figures

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