Date
Details
Price
Change
Source
11/17/2025
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/55
$349,900
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Property Description
This unique combination commercial and residential property boasts a cozy 2- Bedroom apartment in a prime, centrally located area. With numerous upgrades, the building features modern amenities and stylish finishes. The property is situated in a vibrant, high-traffic zone, ensuring great visibility for any commercial needs. Plus, it's fully handicap accessible, making it convenient and inclusive for everyone. So if you have a business concept and would like to have some supplemental income to offset your mortgage, this one's for you! A great investment opportunity.
Full Property Details
Full Property Details for 511 4th St NW
General
- Price: $349,900
- Taxes: $3,980 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 6818781
- Updated: 1/16/2026
- Added to Site: 61 day(s) ago
Interior
- Appliances: Exhaust Fan, Microwave, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Asphalt, Parking Lot, Paved Lot
Location
- County: Rice
- Township: Faribault
- Subdivision: Original City
- Driving Directions: Lyndale Ave to east onto 4th Str
School Information
- School District: 2145 - Faribault
- High School District: Faribault
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common
Structural Information
- Basement: Yes
- Basement Desc.: Full, Concrete
- Foundation Size: 768
- Roof: Age Over 8 Years
- Disability Access: Fully Wheelchair
- Square Feet: 1,766
- Finished Down/Base.: 1,766 Sq. Ft.
- Current Bldg. Use: Commercial
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 43.5 x 165
- Frontage: City Street
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $3,980
- Tax Year: 2025
- Terms: Conventional, Cash
- Owner Pays: All Utilities
- Tenant Pays: Broadband
Disclosures and Reports
- Legal Description: L2 EX E52.5FT THRF & L3 EX W39.5FT THRF B40 ORIG TOWN FBLT
- Inclusions: Building
- Property ID: 1831126237
Listed by Edina Realty, Inc.
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Listing agents
— 511 4th St NW —
Edina Realty, Inc.
NMLS#: 1598647
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Schools
Schools serving 511 4th St NW
School District:Faribault Public School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Faribault, MN 925 Parshall Street, Faribault, MN 55021 | K-5 | 1.2 mi |
Faribault Middle School 704 17th Street Southwest, Faribault, MN 55021 | 6-8 | 1.7 mi |
Faribault Senior High School 330 9th Avenue Southwest, Faribault, MN 55021 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 4th St NW
Tax History
Tax History for 511 4th St NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,180
-1%
$271,500
2%
2024
$4,208
14%
$267,300
—
2023
$3,700
—
$267,300
25%
2021
$3,700
-8%
$213,500
-16%
2023
$4,032
15%
$252,900
27%
2020
$3,500
9%
$199,000
9%
2019
$3,200
8%
$182,700
10%
2018
$2,950
-19%
$166,200
2%
2017
$3,664
—
$162,900
3%
2016
$3,654
1%
$158,400
1%
2015
$3,604
-1%
$156,300
6%
2014
$3,654
4%
$148,000
—
2013
$3,504
—
$148,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 4th St NW
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Sold by Justin Rhodes
511 4th Street NW, Faribault, MN 55021 (MLS# 6818781) is a Commercial property. 511 4th Street NW is currently listed for $349,900 and was received on November 17, 2025. Want to learn more about 511 4th Street NW? Do you have questions about finding other Commercial real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.