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226 7th Ave NW
Faribault, MN 55021

$525,000 USD

Apartments For Sale • 6,427 SF

Property Details

Property Type Apartments
Total Building Size 6,427 SF
Lot Size 0.12 AC
Building Class C
Year Built 1890
Zoning R-2

50 Walk Score

                
                    Highlights
                
                                Historic seven-unit multifamily property with established rental configuration.
                            
                                Prominent corner-lot location near downtown Faribault amenities and services.
                            
                                Large covered front porch enhances curb appeal and tenant appeal.

Financial Summary (Actual)

Net Operating Income: $59,400 USD (2026)

Total Expenses:

$9,360 USD

Amenities

Hardwood Floors
Refrigerator
Range
Porch

Jason Huerkamp 612-502-7653 KW Commercial

226 7th Ave NW Faribault, MN 55021