226 7th Street NW, Faribault, MN 55021
$525,000
Property Type:
Commercial
Bedrooms:
6
Square Footage:
6,427
Lot Size (sq. ft.):
14,810
Status:
Active
Current Price:
$525,000
List Date:
5/01/2026
Last Modified:
6/26/2026
Listing Details MLS# 7061689
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1890
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 1800
- For Sale or Lease
- For Sale
- Acres
- 0.34
- Lot Dimensions
- 132 X 115
- Assessment Pending
- Unknown
Property Features
Accessible:
None
Air Conditioning:
None
Amenities Shared:
Porch
Amenities Unit:
Hardwood Floors; Porch; Walk-In Closet
Appliances:
Range; Refrigerator
Basement:
Concrete Block; Full; Unfinished
CMU Style:
Apartments/Multi Family
Construction Materials:
Block
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Brick/Stone; Metal; Vinyl
Flooring:
Wood
Foundation:
Stone
Fuel:
Natural Gas
Heating:
Forced Air; Hot Water
Lock Box Type:
Combo
Lot Description:
Corner Lot; Tree Coverage - Light
On Site Utilities:
Electric Separate; Heating Common
Owner Pays:
Exterior Maintenance; Lawn; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Water
Parking Characteristics:
Uncovered/Open
Pool Description:
None
Potential Use:
Other
Road Frontage:
City Street; Curbs; Paved Streets
Road Responsibility:
Public Maintained Road
Roof:
Pitched
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Electricity
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 525000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 226
- Street Name
- 7th
- Street Suffix
- Street
- Street Direction Suffix
- NW
- Postal City
- Faribault
- County
- Rice
- State
- MN
- Zip Code
- 55021
- Complex/Dev/Subdivision
- Mcclellands 2nd Add
Assessments
- Assessment Balance
- 240
- Tax With Assessments
- 5390
Building Information
- Building Finished SqFt
- 4627
- Building SqFt
- 6427
More Information
Income and Expenses
- Annual Fuel Expense
- 6000
- Annual Gross Expenses
- 9360
- Annual Gross Income
- 68760
- Annual Maintenance Expense
- 2160
- Annual Water/Sewer Expense
- 1200
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building, Leases
Unit 1
- Unit Number
- Yes
- Monthly Rent
- 1200
- Total Bedrooms
- 2
- No. of 1 Bedroom Units
- 4
Unit 2
- No. of 2 Bedroom Units
- Yes
- Monthly Rent
- 1100
- Total Bedrooms
- Yes
- Unit Number
- 2
Unit 3
- Monthly Rent
- 750
- Unit Number
- 3
Unit 4
- Monthly Rent
- 850
- Unit Number
- 4
Unit 5
- Monthly Rent
- 920
- Total Bedrooms
- Yes
- Unit Number
- 5
Unit 6
- Monthly Rent
- 950
- Total Bedrooms
- Yes
- Unit Number
- 6
Unit 7
- Monthly Rent
- 950
- Total Bedrooms
- Yes
- Unit Number
- 7
Unit Details
- Total Units
- 7
Unit Information
- No. of Efficiency Units
- 2
Listing Office:
Keller Williams Preferred Rlty
Last Updated: June - 26 - 2026
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