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    Faribault, MN
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    Faribault, MN Multifamily Properties for Sale

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    9 properties
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    9-Unit Mixed-Use Property
    Updated: Aug 31
    9-Unit Mixed-Use Property

    14 3rd Street NW, Faribault, MN 55021

    $1,095,000
    0.08 AC lot
    Nine‑unit mixed‑use building with eight apartments and one commercial space
    Renovated apartments feature updated kitchens, bathrooms, flooring and finishes
    Apartments have electric baseboard heat; residents control and pay for their heating
    Commercial lease extends through December 2030
    Newer roof with transferable warranty and new fire panel
    View details
    7-Unit Apartment Building with Porch
    Updated: May 1
    7-Unit Apartment Building with Porch

    226 7th Street NW, Faribault, MN 55021

    $525,000
    0.35 AC lot
    Seven apartment units
    Built in 1890
    0.348‑acre corner lot
    Separate electric service for each unit; shared heating
    Large open‑frame porch and basement
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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    14 3rd St NW, Faribault, MN 55021

    $1,095,000
    3,300 sqft

    Downtown asset combines upgraded apartments with a leased commercial component.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Two-Unit Duplex with Newer Roof
    Two-Unit Duplex with Newer Roof

    510 6th Street NW, Faribault, MN 55021

    $175,000
    1,870 sqft

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

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    Updated Duplex
    Updated Duplex

    815 2nd Ave Nw, Faribault, MN 55021

    $284,500
    2,398 sqft

    Two distinct residences with refreshed interiors provide flexible owner-occupant or rental use.

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    Duplex with Fenced Yard
    Duplex with Fenced Yard

    3 6th Ave NW, Faribault, MN 55021

    $290,000
    2,172 sqft

    Upper and lower residences each include three bedrooms, one bathroom, a kitchen, dining room, and living room.

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    Historic Corner Mixed-Use Building
    Historic Corner Mixed-Use Building

    329 Central Ave N, Faribault, MN 55021

    $279,000

    Main-floor commercial space is paired with an upper level previously configured as two apartments.

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    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.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    213 Central Ave N, Faribault, MN 55021

    $409,000

    Commercial space and two furnished apartments are supported by a full basement with garage access.

    View details
    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 9 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 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.

    Side-by-Side Duplex with Garage
    Side-by-Side Duplex with Garage

    1028 S Cedar Ave, Owatonna, MN 55060

    $255,000
    2,894 sqft

    Two separately serviced units offer flexible owner-occupant and rental configurations.

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    Acreage Duplex with Dual Kitchens
    Acreage Duplex with Dual Kitchens

    5191 280th St W, Northfield, MN 55057

    $449,900
    2,130 sqft

    Two separate living areas include private laundry facilities and screened porches at both the front and rear.

    View details
    Renovated Duplex with Garages
    Renovated Duplex with Garages

    4625 280th St W, Northfield, MN 55057

    $429,000
    2,860 sqft

    Each unit includes separate laundry, a storage shed, and a garage.

    View details
    Duplex With Detached Garage
    Duplex With Detached Garage

    144 E Rose Street, Owatonna, MN 55060

    $229,900
    1,710 sqft

    Two-level residential income property with an additional apartment, fenced outdoor space, and multiple garage structures.

    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

    Estimated value:
    $255,000
    0.99 AC lot
    View details
    Faribault, MN 55021
    MOBILE HOME PARK, TRAILER PARK

    Faribault, MN 55021

    Estimated value:
    $255,000
    0.15 AC lot
    View details
    415 Western SW Ave
    MOBILE HOME PARK, TRAILER PARK

    415 Western SW Ave, Faribault, MN 55021-5643

    Estimated value:
    $7,380,000
    2,040 sqft 32.70 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    Estimated value:
    $7,945,000
    1.00 AC lot
    View details
    41 Brand Ave
    APARTMENT HOUSE (5+ UNITS)

    41 Brand Ave, Faribault, MN 55021-6458

    Estimated value:
    $520,000
    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

    Estimated value:
    $240,000
    1.00 AC lot
    View details
    1920 2nd NW St
    MOBILE HOME PARK, TRAILER PARK

    1920 2nd NW St, Faribault, MN 55021-4817

    Estimated value:
    $280,000
    2,000 sqft 9.40 AC lot
    View details
    2500 14th NE St, Unit 152
    APARTMENT HOUSE (5+ UNITS)

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

    Unit 152
    Estimated value:
    $430,000
    860 sqft 2.57 AC lot
    View details
    615 2nd NW Ave
    APARTMENT HOUSE (5+ UNITS)

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

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

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

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

    Faribault, MN 55021

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

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

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

    935 Spg Rd, Faribault, MN 55021-6975

    Estimated value:
    $355,000
    9,216 sqft 1.40 AC lot
    View details
    520 Ravine St
    Residential income properties

    520 Ravine St, Faribault, MN 55021

    Estimated value: 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

    Estimated value:
    $250,000
    3.60 AC lot
    View details

    Faribault, MN Multifamily Properties Market Trends and Statistics

    Explore 47 multifamily properties for sale in Faribault, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 9,740 square feet of properties for sale, with an estimated market value of $4,677,500.

    Sale prices for multifamily properties in Faribault, MN start at $175,000, averaging $519,722, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 4
    Short term rental properties 1

    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 $568.2K

    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%

    Property Size Breakdown

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

    How Realmo verifies these figures

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