511 4th Street NW Faribault, MN 55021
For Sale MLS# 6818781
1,637 sq ft Commercial
Listed by: Edina Realty, Inc.
Details for 511 4th Street NW
MLS# 6818781
Description for 511 4th Street NW, Faribault, MN, 55021
This unique combination commercial and residential property boasts a cozy 2- Bedroom apartment in a prime, centrally located area. With numerous upgrades, the building features modern amenities and stylish finishes. The property is situated in a vibrant, high-traffic zone, ensuring great visibility for any commercial needs. Plus, it's fully handicap accessible, making it convenient and inclusive for everyone. So if you have a business concept and would like to have some supplemental income to offset your mortgage, this one's for you! A great investment opportunity.
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Bedrooms: 2
Bathrooms: 1
Lot Size: 0.17 Acres
Square Feet: 1,637 sq ft
Year Built: 1910
Foundation: 768 sq ft
Stories: 2 Stories
Subdivision: Original City
Number Of Units Total: 2
Current Use: Commercial
County: Rice
Days On Market: 28
Construction Status: Previously Owned
School Information
District: 656 - Faribault
Interior Features
Appliances: Exhaust Fan/Hood, Microwave, Range, Refrigerator
Basement: Full, Poured Concrete
Accessibility: Fully Wheelchair
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 10
Parking Description: Parking Lot, Paved Lot, Driveway - Asphalt, Garage Sq Ft - 0.00
Exterior: Vinyl
Roof: Age Over 8 Years
Lot Dimensions: 43.5 x 165
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building, Road Frontage - City
Driving Directions
Lyndale Ave to east onto 4th Str
Financial Considerations
Other Annual Tax: $200
Tenant Pays: Broadband
Owner Pays: All Utilities
Gross Income: 7800
Tax/Property ID: 1831126237
Tax Amount: 3980
Tax Year: 2025
HomeStead Description: Non-Homesteaded
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 511 4th Street NW
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 511 4th Street NW
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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Fill out the form below or call Rick and Mary Tonjum at 507-384-1942