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    Historic Seven-Unit Multifamily Residence Title is generated by Realmo AI

    226 7th Street NW, Faribault, MN 55021

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    Claim this Listing
    For Sale
    $525,000

    Commercial - Faribault, MN

    Lot size:
    0.35 Acres
    Added:
    May 1, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 23 at 4:06 am

    Property Features for 226 7th Street NW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Residential-Multi-Family
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Driveway
    Exterior features
    Brick/Stone, Metal, Vinyl
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    1830451085
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    5150

    Utilities

    Heating system
    Forced Air, Hot Water (Heating)

    Building Details

    Year built
    1890
    Flooring type
    Wood
    Building materials
    Block
    Architectural style
    Other

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    Listing Contact
    The Huerkamp Home Group

    Listing agent The Huerkamp Home Group

    Listing office Keller Williams Preferred Realty 14300 Nicollet Court Ste 208, Burnsville, MN

    Listing date May 1, 2026

    MLS# 7061689 Listing URL

    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.

    HighLights

    • Strong income potential as a seven‑unit multi‑family property with a proven rental layout.
    • Prime corner lot location in the heart of Faribault, near local amenities and with easy highway access.
    • Timeless character with classic hardwood floors and distinctive architectural details, built in the 1890s.
    • Separate electric utilities for each unit and common heating for efficient management.
    • Durable construction with a solid stone foundation.
    • Spacious basement for storage or maintenance and convenient gravel driveway parking.

    Overview

    Built in the 1890s, this seven-unit multifamily property is configured as a single corner-lot residence with classic interior character and practical building support spaces. The home features hardwood floors and distinctive architectural details, along with a large open-frame porch and a spacious basement for storage or maintenance. Parking is provided via a gravel driveway. The building is served by common heating, with separate electric utilities for each unit.

    Located at 226 7th Street NW in Faribault, Minnesota, the property sits in a Residential-Multi-Family zoning setting. The listing notes convenient access to local amenities and easy highway access.

    This configuration suits buyers seeking a multi-unit ownership with individual electric metering and a shared heating system, along with on-site parking and a basement for day-to-day building needs. Recent assessments are referenced in the listing, and the property’s solid stone foundation is highlighted as part of its long-term durability. The combination of preserved historic features and straightforward unit utilities provides a workable foundation for hands-on property management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.279969
    Latitude
    44.293312

    FAQs

    What type of property is this?
    Apartment building - 1890s rental building with shared heat, separate electric, hardwood floors, basement, and gravel driveway parking.
    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: Strong income potential as a seven‑unit multi‑family property with a proven rental layout.; Prime corner lot location in the heart of Faribault, near local amenities and with easy highway access.; Timeless character with **classic hardwood floors** and distinctive architectural details, built in the 1890s.
    More about this property
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