226 7th St NW

Faribault, MN 55021
  • $525,000

    Price
  • 6

    Bed
  • 6,427

    SqFt
  • 0.35

    Acre

About the Listing 3753 - 505005857,502019240

This stately 1890s multi-family residence is a standout example of craftsmanship and opportunity in the heart of Faribault. Configured as a unique seven-unit property, it offers strong income potential with a proven rental layout. Timeless character shines throughout, highlighted by classic hardwood floors and distinctive architectural details. A large open-frame porch and striking exterior create impressive curb appeal, while the corner lot setting adds to its presence. The property also features a spacious basement, ideal for storage or maintenance, along with convenient gravel driveway parking. Designed for efficient management, the building includes common heating and separate electric utilities for each unit. Recent assessments reflect increasing value, and the solid stone foundation underscores its long-term durability. With the right vision and updates, there is an excellent opportunity to further enhance both value and appeal. Located near local amenities with easy highway access, this property presents a rare opportunity to own a piece of Faribault’s history while maximizing its investment potential.

Listing Highlights

Status Active
Days on Site 145
Property Type Commercial Sale
MLS ® 7061689
Year Built 1890
Total Square Footage 6,427
Lot/Acreage 0.35
County Rice
School District Faribault

Interior Details

  • Bedrooms: 6
  • Appliances: Range, Refrigerator
  • Air Cond:
  • Heating: Forced Air,Hot Water,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Block,Full,Unfinished
  • Other: Hardwood Floors,Porch,Walk-In Closet
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Corner Lot,Tree Coverage - Light
  • Garage Capacity: N/A
  • Lot Dimensions: 132 X 115
  • Zoning: Residential-Multi-Family
  • Roof: Pitched
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Gravel,Open

Financial Details

  • Tax Amount: $5,150
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1830451085
  • Tax Year: 2026

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Questions About..

226 7th St NW Faribault, MN 55021

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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