Advertise
    Faribault, MN
    Apartment Building

    Faribault, MN Apartment Buildings for Sale

    Notify Me
    List
    Map
    Warsaw, MN Medford, MN Morristown, MN Dundas, MN Lonsdale, MN Northfield, MN Owatonna, MN Prior Lake, MN
    Renovated 9-Unit Mixed-Use Property
    Updated: Aug 31
    Renovated 9-Unit Mixed-Use Property

    14 3rd Street NW, Faribault, MN 55021

    $1,095,000
    0.08 AC lot
    9‑unit configuration with eight apartments and one commercial space
    Eight residential units renovated with updated kitchens, bathrooms, flooring, and finishes
    Commercial space leased through December 2030
    Eight apartments currently vacant for residential lease‑up
    Newer roof with transferable warranty and new fire panel
    View details
    Renovated Mixed-Use Property
    Updated: Sep 5
    Renovated Mixed-Use Property

    14 3rd St NW, Faribault, MN 55021

    $1,095,000
    3,300 sqft
    9‑unit mixed‑use property with 8 renovated apartments and 1 commercial space
    Renovated kitchens, bathrooms, flooring, finishes, and electric baseboard heat in the apartments
    Commercial space leased through December 2030
    Newer roof with transferable warranty and new fire panel
    Eight residential units are vacant for lease‑up
    View details
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 3 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.

    Apartment Building Near Mayo Clinic
    Apartment Building Near Mayo Clinic

    115 Echo Street, Mankato, MN 56001

    Contact for pricing
    48,696 sqft

    Apartment building near Mayo Clinic Health System in Mankato.

    View details
    Mixed-Use Property with Five Apartments
    Mixed-Use Property with Five Apartments

    235-257 Belgrade Avenue, North Mankato, MN 56003

    $2,600,000

    Modern street-level retail space is paired with multiple upper-level apartments and contemporary interior finishes.

    View details
    Student Housing Apartment Buildings
    Student Housing Apartment Buildings

    527/529 S 5th Street, Mankato, MN 56001

    Contact for pricing

    Student-oriented housing package near campus and downtown with bus service directly outside the property.

    View details
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    237 Belgrade Ave, North Mankato, MN 56003

    Contact for pricing

    Existing medical spa space is paired with five apartments, offering a combination of commercial and residential income uses.

    View details

    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

    $255,000
    Estimated value
    0.99 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $7,945,000
    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

    $240,000
    Estimated value
    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
    $430,000
    Estimated value
    860 sqft 2.57 AC lot
    View details
    615 2nd NW Ave
    APARTMENT HOUSE (5+ UNITS)

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

    $235,000
    Estimated value
    0.24 AC lot
    View details
    607 2nd NW Ave
    APARTMENT HOUSE (5+ UNITS)

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

    $385,000
    Estimated value
    1,380 sqft 0.33 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $265,000
    Estimated value
    2.06 AC lot
    View details
    1520 17th NW St
    APARTMENT HOUSE (5+ UNITS)

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

    $420,000
    Estimated value
    29,204 sqft 3.50 AC lot
    View details
    935 Spg Rd
    APARTMENT HOUSE (5+ UNITS)

    935 Spg Rd, Faribault, MN 55021-6975

    $355,000
    Estimated value
    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

    $250,000
    Estimated value
    3.60 AC lot
    View details
    1750 Willow St
    APARTMENT HOUSE (5+ UNITS)

    1750 Willow St, Faribault, MN 55021-6279

    $275,000
    Estimated value
    2.20 AC lot
    View details
    828 1st NE St
    APARTMENT HOUSE (5+ UNITS)

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

    $445,000
    Estimated value
    6,792 sqft 2.80 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $250,000
    Estimated value
    1.10 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $265,000
    Estimated value
    1.26 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $245,000
    Estimated value
    1.32 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $255,000
    Estimated value
    2.74 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    $255,000
    Estimated value
    3.36 AC lot
    View details

    Faribault, MN Apartment Buildings Market Trends and Statistics

    Explore 22 apartment buildings for sale in Faribault, MN, showcased through 3 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 $2,715,000.

    Sale prices for two-family homes in Faribault, MN start at $525,000, averaging $905,000, 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.

    List
    Map

    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 $525K

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Faribault, MN

    Popular Categories

    Most Searched ZIP Codes in Faribault, MN

    • 55021

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!