7-Unit Apartment Building with
226 7th Street NW, Faribault, MN 55021
For Sale
$525,000
Commercial Sale, Faribault, MN
Property SizeContact for details
Lot Size0.35 Acres
Days on Market196
Property Features for 226 7th Street NW
General Information
Property type
Property subtype
Zoning description
Bedrooms
Rooms
Parking features
Patio and Porch features
Appliances
Subdivision
Lot features
High school district
Directions
Standard status
APN
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Amenities
porch
basement
Building Details
Year built
Building materials
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
Listed By:
The Huerkamp Home Group
(952) 746-9696
Added: May 1
Changed: Nov 9
Last Checked: Nov 12 at 8:06AM
MLS# 7061689
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1890, this seven-unit apartment property includes hardwood floors, architectural detailing, and a large open-frame porch. A basement provides additional storage space, and driveway parking serves the building. The property occupies a 0.348-acre corner lot in Faribault.
Heating is shared, while each unit has separate electric service. The building has a stone foundation and block construction materials.
Heating is shared, while each unit has separate electric service. The building has a stone foundation and block construction materials.
Key Highlights
- Seven apartment units
- Built in 1890
- 0.348‑acre corner lot
Property Analytics
Who owns this building?
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Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 55021, MN
30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has separate electric service, alongside a shared heating system.
Where is this apartment building located?
The property is located at 226 7th Street NW Faribault, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Seven apartment units; Built in 1890; 0.348‑acre corner lot
