Residential Income

Rice County, MN Residential Income Properties for Sale

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13 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
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Duplex with Renovated Kitchens
Updated: Oct 23
Duplex with Renovated Kitchens

4625 280th Street W, Northfield, MN 55057

$389,000
2,860 sqft 2.03 AC lot
Both units were renovated three years ago with new kitchens and flooring
2,860 square feet across two units
2.031‑acre property
Road‑facing windows replaced on the front half of both units
Separate laundry areas and storage shed
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7-Unit Apartment Building with Porch
7-Unit Apartment Building with Porch

226 7th Street NW, Faribault, MN 55021

$525,000
0.35 AC lot

Each residence has separate electric service, alongside a shared heating system.

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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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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

$279,500
2,398 sqft

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

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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.

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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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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.

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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.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

508 Central Ave N, Faribault, MN 55021

$369,000

Vacant main level retail space with a fully leased apartment above in a downtown Central Business District zone.

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Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 13 Active listings in Rice County, MN, we suggest exploring several alternatives: similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

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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.

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Acreage Lots in Rice Lake
Acreage Lots in Rice Lake

23804 Hall Drive, Lakeville, MN 55044

$250,000
2.88 AC lot

Two 2.5+ acre lots perfect for building your dream home.

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Acreage Lots in Rice Lake
Acreage Lots in Rice Lake

23858 Hall Drive, Lakeville, MN 55044

$265,000
2.55 AC lot

Over 2.5 acre lots perfect for building your dream home.

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Off-Market Properties in Rice County, MN

Consider similar Off-Market properties in Rice County, 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.

Northfield, MN 55057
APARTMENT HOUSE (5+ UNITS)

Northfield, MN 55057

Estimated value:
$270,000
1.96 AC lot
View details
Faribault, MN 55021
APARTMENT HOUSE (5+ UNITS)

Faribault, MN 55021

Estimated value:
$255,000
0.99 AC lot
View details
118 Water N St
APARTMENT HOUSE (5+ UNITS)

118 Water N St, Northfield, MN 55057-2022

Estimated value:
$400,000
0.59 AC lot
View details
2501 Jefferson Rd
APARTMENT HOUSE (5+ UNITS)

2501 Jefferson Rd, Northfield, MN 55057-3448

Estimated value:
$1,615,000
5,591 sqft 0.58 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
1000 Birch NE St
APARTMENT HOUSE (5+ UNITS)

1000 Birch NE St, Lonsdale, MN 55046-5805

Estimated value:
$480,000
18,543 sqft 5.14 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

Rice County, MN Residential Income Properties Market Trends and Statistics

Explore 61 residential income properties for sale in Rice County, MN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 17,590 square feet of properties for sale, with an estimated market value of $6,309,400.

Sale prices for residential investment properties in Rice County, MN start at $175,000, averaging $485,338, 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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