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    Faribault, MN
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    Faribault, MN Residential Income Properties for Sale

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    Medford, MN Morristown, MN Dundas, MN
    Historic Seven-Unit Multifamily Residence
    $525,000
    0.35 Acres
    Historic Seven-Unit Multifamily Residence

    226 7th Street NW, Faribault, MN 55021

    1890s rental building with shared heat, separate electric, hardwood floors, basement, and gravel driveway parking.
    • 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.
    Updated: May 1
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    Downtown Mixed-Use Property with Parcel Split
    $525,000
    Downtown Mixed-Use Property with Parcel Split

    301 Central, Faribault, MN 55021

    Business/commercial zoned mixed-use property with a parcel split scheduled to be completed before closing.
    • Prime downtown Faribault location with high visibility and proximity to the new Viaduct Park (splash pads, ice rink).
    • Mixed‑use zoning allows for diverse development possibilities (residential, retail, commercial).
    • Investment opportunity in a growing small town, 35 minutes south of the Twin Cities with I‑35 access.
    • Parcel split will be completed prior to closing, ensuring a smooth transaction.
    • Ideal for contributing to Faribault's downtown revitalization efforts.
    Updated: Jan 20
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    Downtown Mixed-Use Building Opportunity
    $319,000
    0.25 Acres
    Downtown Mixed-Use Building Opportunity

    Two street-level retail spaces with an additional upper-level residential plan support flexible owner or investment use.

    12 3rd Street NE, Faribault, MN 55021

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    Downtown Corner Retail and Residential Building
    $299,000
    0.06 Acres
    Downtown Corner Retail and Residential Building

    Corner building with ground-floor retail space and an upstairs residential layout in Faribault’s downtown.

    329 Central Avenue N, Faribault, MN 55021

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    Downtown Retail Building with Loft Space
    $260,000
    0.08 Acres
    Downtown Retail Building with Loft Space

    Full-building opportunity with an open main level and a gutted second level ready for custom finishes.

    313 Central Avenue N, Faribault, MN 55021

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    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 5 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.

    Le Sueur Multifamily Investment
    $165,900
    1,645 SF
    Le Sueur Multifamily Investment

    Multifamily property ideal for owner occupancy or investment.

    221 Bridge Street, Le Sueur, MN 55148

    View details
    Renovated Mixed-Use Property For Sale
    $442,500
    Renovated Mixed-Use Property For Sale

    Newly renovated mixed-use property in downtown Janesville, 100% leased.

    121 Main Street North, Janesville, MN 56048

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    Le Sueur Mixed-Use Opportunity
    $385,000
    0.04 Acres
    Le Sueur Mixed-Use Opportunity

    Commercial and residential property in Le Sueur's historic district.

    205 S Main Street, Le Sueur, MN 56058

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    Renovated Mixed-Use Property For Sale
    $442,500
    5,297 SF
    Renovated Mixed-Use Property For Sale

    Newly renovated, fully leased mixed-use property in downtown Janesville.

    121 N Main St, Janesville, MN 56048

    View details

    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.

    Residential Lot in Dundas, MN
    $92,000
    0.25 Acres
    Residential Lot in Dundas, MN

    Residential lot in a vibrant, walkable Dundas neighborhood.

    210 Mill Street W, Dundas, MN 55019

    View details
    Residential Land in Owatonna, MN
    $35,000
    0.58 Acres
    Residential Land in Owatonna, MN

    Wooded lot for building a dream home with highway access.

    Tbd Breckenridge Place NW, Owatonna, MN 55060

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    Residential Lot in Owatonna, MN
    $49,000
    0.26 Acres
    Residential Lot in Owatonna, MN

    Corner lot in a desirable neighborhood, ready for new construction.

    Evergreen Place NE, Owatonna, MN 55060

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    Residential Land in Established Subdivision
    $49,000
    0.23 Acres
    Residential Land in Established Subdivision

    Residential land for sale in Owatonna, MN, near I-35.

    Creek View Lane, Owatonna, MN 55060

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    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)
    Lot: 0.99 Acres
    Value Estimation by Request

    Faribault, MN 55021

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    Faribault, MN 55021
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.15 Acres
    Value Estimation by Request

    Faribault, MN 55021

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    415 Western SW Ave
    MOBILE HOME PARK, TRAILER PARK
    2,040 SF Lot: 32.70 Acres
    Estimated value
    $8,410,000

    415 Western SW Ave, Faribault, MN 55021-5643

    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.00 Acre
    Estimated value
    $9,000,000

    Faribault, MN 55021

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    41 Brand Ave
    APARTMENT HOUSE (5+ UNITS)
    14,874 SF Lot: 2.10 Acres
    Estimated value
    $520,000

    41 Brand Ave, Faribault, MN 55021-6458

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    1415 Pr SW Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.00 Acre
    Value Estimation by Request

    1415 Pr SW Ave, Faribault, MN 55021-6797

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    1920 2nd NW St
    MOBILE HOME PARK, TRAILER PARK
    2,000 SF Lot: 9.40 Acres
    Value Estimation by Request

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

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    2500 14th NE St, Unit 152
    APARTMENT HOUSE (5+ UNITS)
    860 SF Lot: 2.57 Acres
    Value Estimation by Request
    Unit 152

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

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    615 2nd NW Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.24 Acres
    Value Estimation by Request

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

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    607 2nd NW Ave
    APARTMENT HOUSE (5+ UNITS)
    1,380 SF Lot: 0.33 Acres
    Value Estimation by Request

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

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    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)
    Lot: 2.06 Acres
    Value Estimation by Request

    Faribault, MN 55021

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    1520 17th NW St
    APARTMENT HOUSE (5+ UNITS)
    29,204 SF Lot: 3.50 Acres
    Value Estimation by Request

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

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    935 Spg Rd
    APARTMENT HOUSE (5+ UNITS)
    9,216 SF Lot: 1.40 Acres
    Value Estimation by Request

    935 Spg Rd, Faribault, MN 55021-6975

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    520 Ravine St
    Residential income properties
    4,781 SF Lot: 0.44 Acres
    Value Estimation by Request

    520 Ravine St, Faribault, MN 55021

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    1760 Willow St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 3.60 Acres
    Value Estimation by Request

    1760 Willow St, Faribault, MN 55021-6279

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    1750 Willow St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 2.20 Acres
    Value Estimation by Request

    1750 Willow St, Faribault, MN 55021-6279

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    1155 Willow St
    MOBILE HOME PARK, TRAILER PARK
    432 SF Lot: 12.80 Acres
    Value Estimation by Request

    1155 Willow St, Faribault, MN 55021-7010

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    1407 Hulett Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 30.00 Acres
    Value Estimation by Request

    1407 Hulett Ave, Faribault, MN 55021-3647

    View details
    828 1st NE St
    APARTMENT HOUSE (5+ UNITS)
    6,792 SF Lot: 2.80 Acres
    Value Estimation by Request

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

    View details

    Faribault, MN Residential Income Properties Investment Opportunities Market Analysis

    Explore 43 residential income properties for sale in Faribault, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,928,000.

    Sale prices for residential income properties in Faribault, MN start at $260,000, averaging $385,600, and reaching up to $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

    Apartment buildings 2
    Multifamily properties 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    55021 $385.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $36.07 per sq ft
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

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