$333,000
$349,900
4.8%For more information regarding the value of a property, please contact us for a free consultation.
527 6th AVE NW Faribault, MN 55021
6 Beds
3 Baths
1,730 SqFt
Key Details
Sold Price $333,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,730 sqft
Price per Sqft $192
Subdivision Mcclellands Add
MLS Listing ID 7009206
Sold Date 06/24/26
Bedrooms 6
Year Built 1880
Annual Tax Amount $2,612
Tax Year 2025
Contingent None
Lot Size 6,926 Sqft
Lot Dimensions 105x66
Property Sub-Type Triplex
Property Description
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.
Location
State MN
County Rice
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Block, Partial, Partially Finished, Walkout, Wood
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Covered, Gravel, Concrete, Open
Garage Spaces 1.0
Fence Other
Roof Type Flat,Other,Rubber
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium, Underground Utilities
Story Two
Foundation 650
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Faribault
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