$349,900

527 6th Avenue NW, Faribault, MN 55021

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$349,900

527 6th Avenue NW Faribault, MN 55021

For Sale MLS# 7009206

6 beds 3 baths 1,730 sq ft Multi-family

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Data current as of 07/04/2026 06:06:10

Details for 527 6th Avenue NW

MLS# 7009206

Description for 527 6th Avenue NW, Faribault, MN, 55021


Triplex investment opportunity at 527 6th Ave NW in Faribault featuring three 2-bedroom, 1-bath units. Each unit offers a practical floor plan with comfortable living spaces and consistent layouts throughout. The property presents strong rental appeal (Unit 1 rent $1310 month, Unit 2 $1100 Month, Unit 3 $1250 month) and is well positioned for long-term income potential in an established neighborhood. A solid option for investors seeking a multi-unit property with dependable demand.

Listing Information


Property Type: Multi-family, Triplex

Status: Active

Bedrooms: 6

Bathrooms: 3

Lot Size: 0.16 Acres

Square Feet: 1,730 sq ft

Year Built: 1880

Foundation: 650 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: Mcclellands Add

Number Of Units Total: 3

County: Rice

Days On Market: 75

Construction Status: Previously Owned

School Information


District: 656 - Faribault

Interior Features


Square Footage above: 1,730 sq ft

Basement: Walkout, Concrete Block, Wood, Partial, Partial Finished

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Electric, Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 1

Parking Description: Covered, Driveway - Concrete, Driveway - Gravel, Uncovered/Open, Garage Sq Ft - 200.0

Exterior: Brick/Stone, Wood, Vinyl

Roof: Other, Flat, Rubber

Lot Dimensions: 105x66

Zoning: Residential-Multi-Family

Fencing: Other

Additional Exterior/Lot Features: Corner Lot, Tree Coverage - Medium, Underground Utilities, Public Transit (w/in 6 blks), Road Frontage - Sidewalks, City

Community Features


Community Features: Other

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 1310

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 1 Rooms Total: 2

Unit 2 Units Total: 1

Unit 2 Actual Rent: 1100

Unit 2 Baths Total: 1

Unit 2 Beds Total: 2

Unit 2 Rooms Total: 2

Unit 3 Units Total: 1

Unit 3 Actual Rent: 1250

Unit 3 Baths Total: 1

Unit 3 Beds Total: 2

Unit 3 Rooms Total: 2

Driving Directions


Head toward 3rd Ave NW. Turn right onto 4th Ave NW. Turn left onto 6th St NW. Turn left onto 6th Ave NW. Destination will be on the left.

Financial Considerations


Tenant Pays: Broadband,Cable T.V.,Electric,Fuel

Owner Pays: Insurance,Maintenance/Repair,Other,Sewer,Taxes,Trash,Water

Gross Income: 43920

Expense: 8112

Tax/Property ID: 1831226079

Tax Amount: 2612

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 527 6th Avenue NW

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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