Short Term Rental

Faribault, MN Short Term Rental Properties for Sale

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Renovated Mixed-Use Building
Updated: Jul 28
Renovated Mixed-Use Building

213 Central Ave N, Faribault, MN 55021

$409,000
Mixed‑use building with a commercial tenant on the main level
Two furnished apartments: one 1‑bedroom and one 2‑bedroom
Renovated commercial space includes an ADA‑accessible restroom
Full basement with storage and tuck‑under garage
Overhead garage door serves the lower‑level garage
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Side-by-Side Duplex with 4-Car Garage
Side-by-Side Duplex with 4-Car Garage

861 Burr Street, Saint Paul, MN 55130

$405,000
5,496 sqft 0.15 AC lot

Two side-by-side units feature spacious bedrooms, including a main-level bedroom in one unit.

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Renovated Quadplex with Off-Street Parking
Renovated Quadplex with Off-Street Parking

404 Jefferson Street, Decorah, IA 52101

$494,000
3,585 sqft

Four-unit residential income property near downtown Decorah, with updated interiors and dedicated parking for each unit.

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Quadplex with Decks Overlooking Park
Quadplex with Decks Overlooking Park

518 Laurel Avenue, Saint Paul, MN 55102

$995,000
2,820 sqft 0.16 AC lot

Ramsey Hill quadplex with four units, decked upper and main levels, shared lower-level laundry, and off-street parking.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

309 E Water Street, Decorah, IA 52101

$449,000
2,731 sqft

Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.

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Faribault, MN Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Faribault, MN on our real estate platform.

Sale prices for short term rental properties in Faribault, MN average $409,000 — 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

Duplexes 2
Apartment buildings 1
Short term rental properties 1

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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