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Two-Unit Duplex with Newer Roof
New
For Sale
$175,000

510 6th Street NW, Faribault, MN 55021

Two three-bedroom apartments provide separate living spaces in an up-and-down configuration.

Property Size1,870 SF
Price / SF$93.58
Days on Market3

Property Features for 510 6th Street NW

General Information

Standard status Active
Size 1,870 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 1873
Listing Agency: United Country Real Estate Minnesota Properties
Listed By: Michael Bartus
Source: Hometwincities
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 20 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Real Estate Minnesota Properties

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Investment Insights

Based on property information with market context.

This duplex contains two vertically arranged apartments, each with three bedrooms and one bathroom. The building dates to 1873 and has a roof that is less than two years old.

The property is at 510 6th Street NW in Faribault, with access to downtown, Interstate 35W, shopping, dining, and everyday services.

Key Highlights

  • Two units, each with 3 bedrooms and 1 bathroom
  • Up‑and‑down duplex layout
  • Roof is less than 2 years old

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom apartments provide separate living spaces in an up-and-down configuration.
Where is this duplex located?
The property is located at 510 6th Street NW Faribault, MN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bathroom; Up‑and‑down duplex layout; Roof is less than 2 years old
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