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Faribault, MN

Residential Income

Faribault, MN Residential Income Properties for Sale

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Warsaw, MN Medford, MN Dundas, MN Kilkenny, MN Lonsdale, MN Morristown, MN Kenyon, MN Northfield, MN

Seven-Unit Apartment Residence

Updated: May 1

Seven-Unit Apartment Residence

226 7th St Nw, Faribault, MN 55021

$525,000

Historic 7‑unit multi‑family property configured as a unique seven‑unit building
Classic hardwood floors and distinctive architectural details throughout
Large open‑frame porch and corner lot setting
Spacious basement for storage or maintenance
Gravel driveway parking with common heating and separate electric utilities for each unit

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Duplex with Separate Garages

Renovated Duplex with Separate Garages

4625 280th Street W, Northfield, MN 55057

$435,000

2,860 sqft 2.03 AC lot

Fully renovated two-unit duplex features separate laundry, storage, and heated single-car garage.

Duplex With Two 3BR Units

Duplex With Two 3BR Units

210 7th Avenue NE, Waseca, MN 56093

$149,900

2,244 sqft 0.11 AC lot

Well-maintained duplex with two separate 3-bedroom, 1-bath units, each with in-unit washer and dryer.

Triplex Investment Property

Triplex Investment Property

610 SE 3rd Avenue, Waseca, MN 56093

$184,800

0.20 AC lot

Triplex for sale in Waseca, MN, offering three functional residential units on a small lot.

Mixed-Use Quadplex

Mixed-Use Quadplex

1405 Heritage Drive, Northfield, MN 55057

Contact for pricing

Four residential units are currently occupied, and the property is designed for easy transformation to other uses.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Custom Estate Home Site Land

Custom Estate Home Site Land

Prior Lake, MN 55372

$350,000

2.52 AC lot

2.52-acre homesite with mature trees and privacy, suited for building a fully custom residence.

Residential Land in Owatonna, MN

Residential Land in Owatonna, MN

Breckenridge Place NW, Owatonna, MN 55060

$35,000

0.58 AC lot

Wooded lot for building a dream home with highway access.

Land For Sale

Land For Sale

2195 NE Maple Leaf Lane, Owatonna, MN 55060

$84,000

Land available for purchase.

Expansive Residential Parcel in Waterville

Expansive Residential Parcel in Waterville

Open Lot Browers Street E, Waterville, MN 56096

$52,500

0.74 AC lot

Three lots combined into one expansive parcel for future use.

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

Value Estimation by Request

0.99 AC lot

Faribault, MN 55021

MOBILE HOME PARK, TRAILER PARK

Faribault, MN 55021

Value Estimation by Request

0.15 AC lot

415 Western SW Ave

MOBILE HOME PARK, TRAILER PARK

415 Western SW Ave, Faribault, MN 55021-5643

$8,410,000

Estimated value

2,040 sqft 32.70 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

$9,000,000

Estimated value

1.00 AC lot

APARTMENT HOUSE (5+ UNITS)

41 Brand Ave, Faribault, MN 55021-6458

$520,000

Estimated value

14,874 sqft 2.10 AC lot

APARTMENT HOUSE (5+ UNITS)

1415 Pr SW Ave, Faribault, MN 55021-6797

Value Estimation by Request

1.00 AC lot

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

2,000 sqft 9.40 AC lot

2500 14th NE St, Unit 152

APARTMENT HOUSE (5+ UNITS)

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

Unit 152

Value Estimation by Request

860 sqft 2.57 AC lot

APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request

0.24 AC lot

APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request

1,380 sqft 0.33 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request

2.06 AC lot

1520 17th NW St

APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request

29,204 sqft 3.50 AC lot

APARTMENT HOUSE (5+ UNITS)

935 Spg Rd, Faribault, MN 55021-6975

Value Estimation by Request

9,216 sqft 1.40 AC lot

Residential income properties

520 Ravine St, Faribault, MN 55021

Value Estimation by Request

4,781 sqft 0.44 AC lot

APARTMENT HOUSE (5+ UNITS)

1760 Willow St, Faribault, MN 55021-6279

Value Estimation by Request

3.60 AC lot

APARTMENT HOUSE (5+ UNITS)

1750 Willow St, Faribault, MN 55021-6279

Value Estimation by Request

2.20 AC lot

MOBILE HOME PARK, TRAILER PARK

1155 Willow St, Faribault, MN 55021-7010

Value Estimation by Request

432 sqft 12.80 AC lot

1407 Hulett Ave

MOBILE HOME PARK, TRAILER PARK

1407 Hulett Ave, Faribault, MN 55021-3647

Value Estimation by Request

30.00 AC lot

APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request

6,792 sqft 2.80 AC lot

Faribault, MN 55021

MOBILE HOME PARK, TRAILER PARK

Faribault, MN 55021

Value Estimation by Request

0.58 AC lot

Faribault, MN 55021

APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Value Estimation by Request

1.10 AC lot

Faribault, MN 55021

MOBILE HOME PARK, TRAILER PARK

Faribault, MN 55021

Value Estimation by Request

0.69 AC lot

Faribault, MN 55021

MOBILE HOME PARK, TRAILER PARK

Faribault, MN 55021

Value Estimation by Request

0.54 AC lot

Faribault, MN Residential Income Properties Market Trends and Statistics

Explore 39 residential income properties for sale in Faribault, MN on our real estate platform.

Sale prices for residential income properties in Faribault, MN average $525,000 — 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

Demographics Overview

Population 31K

Population Growth (5Y) +2.8%

Median Household Income $70,296

College Educated 26.6%

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.

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