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Faribault, MN Apartment Buildings for Sale

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Seven-Unit Apartment Residence
Updated: May 1
Seven-Unit Apartment Residence

226 7th St Nw, Faribault, MN 55021

$525,000
Historic 7‑unit multi‑family property configured as a unique seven‑unit building
Classic hardwood floors and distinctive architectural details throughout
Large open‑frame porch and corner lot setting
Spacious basement for storage or maintenance
Gravel driveway parking with common heating and separate electric utilities for each unit
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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turnkey 5-Unit Multifamily Property
Turnkey 5-Unit Multifamily Property

815 W 4th Street, Red Wing, MN 55066

$374,900
2,829 sqft 0.23 AC lot

Fully leased 5-plex with four one-bed units and one studio, plus recent interior and major mechanical upgrades.

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Apartment Building Near Mayo Clinic
Apartment Building Near Mayo Clinic

115 Echo Street, Mankato, MN 56001

$7,500,000
48,696 sqft

Apartment building near Mayo Clinic Health System in Mankato.

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Multifamily Apartment Community
Multifamily Apartment Community

160 Homestead Road, Mankato, MN 56001

Contact for pricing
81,900 sqft

72-unit multifamily property with strong occupancy and convenient access via major highways near Minnesota State University, Mankato.

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Multifamily Building with Parking
Multifamily Building with Parking

480 8th St, Red Wing, MN 55066

$1,350,000
0.38 AC lot

Three-story brick building rebuilt into six renovated units with new parking for residents.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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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

Value Estimation by Request
0.99 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

$9,000,000
Estimated value
1.00 AC lot
View details
41 Brand Ave
APARTMENT HOUSE (5+ UNITS)

41 Brand Ave, Faribault, MN 55021-6458

$520,000
Estimated value
14,874 sqft 2.10 AC lot
View details
1415 Pr SW Ave
APARTMENT HOUSE (5+ UNITS)

1415 Pr SW Ave, Faribault, MN 55021-6797

Value Estimation by Request
1.00 AC lot
View details
2500 14th NE St, Unit 152
APARTMENT HOUSE (5+ UNITS)

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

Unit 152
Value Estimation by Request
860 sqft 2.57 AC lot
View details
615 2nd NW Ave
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
0.24 AC lot
View details
607 2nd NW Ave
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
1,380 sqft 0.33 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request
2.06 AC lot
View details
1520 17th NW St
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
29,204 sqft 3.50 AC lot
View details
935 Spg Rd
APARTMENT HOUSE (5+ UNITS)

935 Spg Rd, Faribault, MN 55021-6975

Value Estimation by Request
9,216 sqft 1.40 AC lot
View details
520 Ravine St
Residential income properties

520 Ravine St, Faribault, MN 55021

Value Estimation by Request
4,781 sqft 0.44 AC lot
View details
1760 Willow St
APARTMENT HOUSE (5+ UNITS)

1760 Willow St, Faribault, MN 55021-6279

Value Estimation by Request
3.60 AC lot
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1750 Willow St
APARTMENT HOUSE (5+ UNITS)

1750 Willow St, Faribault, MN 55021-6279

Value Estimation by Request
2.20 AC lot
View details
828 1st NE St
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
6,792 sqft 2.80 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request
1.10 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request
1.26 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request
1.32 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request
2.74 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request
3.36 AC lot
View details

Faribault, MN Apartment Buildings Market Trends and Statistics

Explore 20 apartment buildings for sale in Faribault, MN on our real estate platform.

Sale prices for two-family homes in Faribault, MN average $525,000 — 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%

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%

Listings Trend

New vs delisted commercial listings in Rice County

New Delisted

Property Size Breakdown

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

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