226 7th Street NW,Faribault, MN 55021
Faribault, MN 55021
Description
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.
Details
| MLS # | 7061689 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 161 |
| Listing Provided By | Keller Williams Preferred Rlty | The Huerkamp Home Group |
Features
| Bed(s) | 6 |
|---|---|
| SQ Feet | 6,427 |
| Basement | Y |
| Story(s) | 2 |
| Units | 7 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.35 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced Air, Hot Water |
| Appliances | Range, Refrigerator |
Exterior
| Roof | Pitched |
|---|---|
| Construction Materials | Block |
| Lot Features | Corner Lot, Tree Coverage - Light |
Parking
| Parking Features | Gravel, Open |
|---|
Utilities
| Utilities | Electric Separate, Heating Common |
|---|
Taxes
| Property | 5150 |
|---|
Area Information
| State | MN |
|---|---|
| County | Rice |
| City | Faribault |
| Zip Code | 55021 |
| Community Name | Mcclellands 2nd Add |
| School District | 656 |
| High School | Faribault |
| Listing VS Median (in Mcclellands 2nd Add) | |
Price: $525,000 low | high Med: $290,000 sqft: 6,427 low | high Med: 2,172 $ / sqft: $82 low | high Med: $134 On site: 161 low | high Med: 141 | |
Market Activity 55021
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 9, 2026 at 1:04:34 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Rice |
| City | Faribault |
| Zip Code | 55021 |
| Community Name | Mcclellands 2nd Add |
| School District | 656 |
| High School | Faribault |
| Listing VS Median (in Mcclellands 2nd Add) | |
Price: $525,000 low | high Med: $290,000 sqft: 6,427 low | high Med: 2,172 $ / sqft: $82 low | high Med: $134 On site: 161 low | high Med: 141 | |
Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
