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$175,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 3 Total Baths
  • 1,870 Sq. Ft.
  • Updated 3 days ago
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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.

Full Property Details for 510 6th St NW

General

  • Price: $175,000
  • Taxes: $2,854 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7162219
  • Updated: 10/20/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: None, None

Parking

  • Parking Features: Gravel

Location

  • County: Rice
  • Township: Faribault
  • Subdivision: City/Faribault
  • Driving Directions: From Lyndale Ave head East turn on Highway 60 (4th St) turn left onto 4th Ave then left onto 6th St

School Information

  • School District: 656 - Faribault
  • High School District: Faribault

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 944
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,870
  • Above Ground: 1,870 Sq. Ft.
  • Finished Down/Base.: 1,870 Sq. Ft.
  • Year Built: 1873

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 66 x 165
  • Frontage: County Road
  • Lot Description: Medium Tree Coverage
  • Fencing (Description): Partial

Financial Considerations

  • Operating Expenses: $14,690
  • Tax Amount: $2,854
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: All Utilities, Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Telephone
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 2 BLOCK 13 OF ORIGINAL TOWN FARIBAULT
  • Property ID: 1831126128

Listed by Edina Realty, Inc.

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Listing agent

— 510 6th St NW —

  • Edina Realty, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 510 6th St NW

School District:Faribault Public School District
NameGradesDistance
Lincoln Elementary School, Faribault, MN
510 Lincoln Avenue Northwest, Faribault, MN 55021
K-50.5 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-81.9 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 510 6th St NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2026
Listed
$175,000
165.15%
MLS
10/21/2024
Sold
$66,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 510 6th St NW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,914
—
$206,500
7%
2026
$2,914
27%
$193,500
21%
2024
$2,290
17%
$159,700
28%
2021
$1,960
—
$125,100
-22%
2023
$1,960
—
$159,700
13%
2021
$1,960
14%
$141,800
30%
2020
$1,726
6%
$109,000
8%
2019
$1,626
1%
$100,700
4%
2018
$1,616
2%
$97,200
5%
2017
$1,592
1%
$92,500
2%
2016
$1,584
2%
$90,500
-3%
2015
$1,554
-5%
$93,200
3%
2014
$1,644
6%
$90,100
—
2013
$1,550
—
$90,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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510 6th Street NW, Faribault, MN 55021 (MLS# 7162219) is a Duplex property with 6 bedrooms and 0 full bathrooms. 510 6th Street NW is currently listed for $175,000 and was received on October 17, 2026. Want to learn more about 510 6th Street NW? Do you have questions about finding other Duplex real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.

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