510 6th Street NW Faribault, MN $ 175,000
510 6th Street NW
$ 175,000
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510 6th Street NW

Faribault, MN, 55021
$ 175,000
Bedrooms6 Baths2.1 Sq 1,870

Monthly Estimate*

$ 1,209

510 6th Street NW, Faribault, MN 55021 - Image 1
510 6th Street NW, Faribault, MN 55021 - Image 2
510 6th Street NW, Faribault, MN 55021 - Image 3
510 6th Street NW, Faribault, MN 55021 - Image 4
510 6th Street NW, Faribault, MN 55021 - Image 5
510 6th Street NW, Faribault, MN 55021 - Image 6
510 6th Street NW, Faribault, MN 55021 - Image 7

Multi-Family Home for sale in Faribault, MN

for $175,000 with 6 bedrooms and 2 full baths, 1 half bath. This 1,870 square foot home was built in 1873 on a lot size of 0.25.

Excellent investment opportunity in a prime Faribault location! This up/down duplex features two 3-bedroom, 1-bathroom units and offers significant value-add potential for investors looking to build equity and increase cash flow. Roof is less than 2 years old. Whether you’re an owner-occupant looking to offset your mortgage or an investor seeking strong rental potential, this property delivers flexibility and value and offers a solid foundation for your investment goals. Situated in a convenient location with easy access to downtown, interstate 35W, shopping, dining, and everyday amenities.

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Multi-Family Active

Price

$ 175,000

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 2,854

Style

Duplex Up and Down

Lot Size

0.25

Year Built

1873

Town/City

Faribault

County/Region

Rice

MLS | Web ID

7162219

Features
General
Living Area 1870
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less
Garage Spaces 0
Year Built 1873
Tenant Pays Telephone
Topography Level
Levels One and One Half
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 38720
Accessibility None
County Rice
Net Operating Income 25030
Operating Expense 14690
Insurance Expense 3000
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 1850
Subdivision Name City/Faribault
Directions From Lyndale Ave head East turn on Highway 60 (4th St) turn left onto 4th Ave then left onto 6th St
City Faribault
High School District Faribault
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2854
Electric Expense 6600
Fuel Expense 0
Trash Expense 1320
Water Sewer Expense 720
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 1870
Laundry Features None
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 3
Fuel Natural Gas
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Exterior
Fencing Partial
Parking Features Gravel
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.25
Building Area Total 1870
Lot Dimensions 66 X 165
Waterfront Y/N N
Foundation Area 944
Road Frontage Type County Road
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 510
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* Excluded Features
List By
Edina Realty, Inc.

Broker

KathyKalow@edinarealty.com

Email

Affordability Calculator

$1,447
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,209
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$175,000 Listed Price

Map


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510 6th Street NW, Faribault, MN, 55021 is a Multi-Family Home for sale at $175,000 with 1,870 sqft and a lot size of 0.25. 510 6th Street NW has 6 bedrooms, 2.1 baths, and was built in 1873. The property's zip code is 55021 which is in Faribault, MN