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.
Closed
Zestimate®
$333,000
527 6th Ave NW, Faribault, MN 55021
6beds
3baths
2,265sqft
Triplex
Built in 1880
-- sqft lot
$333,000 Zestimate®
$147/sqft
$1,528 Estimated rent
Home value
$333,000
$316,000 - $350,000
$1,528/mo
Zestimate® history
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Practical floor planComfortable living spacesConsistent layouts throughout
Zillow last checked:
Listing updated:
Listed by:
Sean O Sander 952-212-2912,
Redfin Corporation,
Bridgette L Prew 952-495-3053
Bought with:
Jenni Schendel
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7009206
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Block,Partial,Partially Finished,Walk-Out Access
Interior area
- Total structure area: 2,265
- Total interior livable area: 2,265 sqft
- Finished area above ground: 1,730
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Covered, Gravel, Concrete, Open
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: Other
Lot
- Size: 6,926 sqft
- Dimensions: 105 x 66
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 650
- Parcel number: 1831226079
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Foundation: Wood
- Roof: Flat,Other,Rubber
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Other
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & neighborhood
Location
- Region: Faribault
- Subdivision: Mcclellands Add
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $333,000-4.8%$147/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7009206 Report a problem | ||
| 5/18/2026 | Pending sale | $349,900$154/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7009206 Report a problem | ||
| 3/3/2026 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2026 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/21/2026 | Listed for sale | $349,900+11%$154/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7009206 Report a problem | ||
| 7/31/2025 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2025 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/1/2025 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/26/2025 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2025 | Sold | $315,200+1.7%$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632599 Report a problem | ||
| 12/31/2024 | Pending sale | $309,900$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632599 Report a problem | ||
| 11/18/2024 | Listed for sale | $309,900+366.2%$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632599 Report a problem | ||
| 11/22/2022 | Sold | $66,470-21.8%$29/sqft |
Source: Public Record Report a problem | ||
| 1/22/2018 | Sold | $85,000-44.4%$38/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4802310 Report a problem | ||
| 3/17/2003 | Sold | $153,000+2.1%$68/sqft |
Source: Public Record Report a problem | ||
| 11/18/2002 | Sold | $149,800+52.1%$66/sqft |
Source: Agent Provided Report a problem | ||
| 1/31/2002 | Sold | $98,500$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,612 +13.2% | $279,800 +37.8% |
| 2024 | $2,308 +4.7% | $203,100 +8.9% |
| 2023 | $2,204 +4.2% | $186,500 +8.9% |
| 2022 | $2,116 +15% | $171,200 +12.5% |
| 2021 | $1,840 +10.6% | $152,200 +10.1% |
| 2020 | $1,664 | $138,300 +8.6% |
| 2019 | $1,664 +6.9% | $127,300 +8.8% |
| 2018 | $1,556 +0.3% | $117,000 +3% |
| 2017 | $1,552 +2.9% | $113,600 +6% |
| 2016 | $1,508 | $107,200 +2.6% |
| 2015 | $1,508 +1.8% | $104,500 -3.1% |
| 2014 | $1,482 +2.2% | $107,800 |
| 2013 | $1,450 -19.9% | -- |
| 2012 | $1,810 | -- |
| 2011 | $1,810 +17.2% | -- |
| 2010 | $1,544 -5.3% | -- |
| 2009 | $1,630 -1.6% | -- |
| 2008 | $1,656 +11.9% | -- |
| 2007 | $1,480 +18.6% | -- |
| 2006 | $1,248 +34.2% | -- |
| 2004 | $930 +6.2% | -- |
| 2003 | $876 +64.7% | -- |
| 2002 | $532 -33% | -- |
| 2001 | $794 | -- |
Find assessor info on the county website
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$333,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$333,000
- Minnesota
- Rice County
- Faribault
- 55021
- 527 6th Ave NW
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