Date
Details
Price
Change
Source
4/20/2026
Listed
$149,000
—
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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$149,000 Just Listed
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Property Description
Full of charm and potential, this fixer-upper is a great opportunity for investors and savvy buyers! Featuring a detached garage. Convenient main-level laundry, two bedrooms upstairs, and a bath. Enjoy a welcoming front porch and a rear porch perfect for relaxing. Located in a desirable Faribault neighborhood, this home is ready for your vision.
Full Property Details
Full Property Details for 518 7th Ave NW
General
- Price: $149,000
- Taxes: $1,480 (2027)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7058679
- Updated: 4/21/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Kitchen, In Kitchen
Additional Information
- Amenities: Ceiling Fan(s), Kitchen Window, Porch
Exterior
- Porch/Patio/Deck: Front Porch, Porch, Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached Garage
Location
- County: Rice
- Township: Faribault
- Subdivision: Mcclellands Add
- Driving Directions: Take 7th St NW onto 7th Ave, subject property on your right
School Information
- School District: 2145 - Faribault
- High School District: Faribault
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer in Street
- Water: City Water (In-Street)
Structural Information
- Basement: Yes
- Basement Desc.: Partial
- Foundation Size: 512
- Roof: Age Over 8 Years
- Disability Access: None
- Square Feet: 1,216
- Above Ground: 1,216 Sq. Ft.
- Below Ground: 256 Sq. Ft.
- Finished Down/Base.: 1,472 Sq. Ft.
- Year Built: 1889
Lot Features
- Lot Size (Acres): 0.127
- Lot Dimensions: 42 x 132
- Zoning: Residential-Single Family
Financial Considerations
- Tax Amount: $1,480
- Tax Year: 2027
Disclosures and Reports
- Legal Description: MCCLELLANDS S42FT L1 B5 & S42 FT L2 B5
- Property ID: 1831226060
Listed by Weichert, REALTORS- Heartland
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Listing agent
— 518 7th Ave NW —
Weichert, REALTORS- Heartland
NMLS#: 1598647
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Schools
Schools serving 518 7th Ave NW
School District:Faribault Public School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Faribault, MN 510 Lincoln Avenue Northwest, Faribault, MN 55021 | K-5 | 0.4 mi |
Faribault Middle School 704 17th Street Southwest, Faribault, MN 55021 | 6-8 | 1.8 mi |
Faribault Senior High School 330 9th Avenue Southwest, Faribault, MN 55021 | 9-12 | 0.7 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 518 7th Ave NW
Tax History
Tax History for 518 7th Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,540
13%
$150,700
12%
2024
$1,366
3%
$134,900
—
2023
$1,320
—
$134,900
22%
2021
$1,320
-14%
$110,300
-11%
2023
$1,534
33%
$123,800
42%
2020
$1,152
64%
$87,200
86%
2019
$702
2%
$47,000
5%
2018
$686
2%
$44,800
6%
2017
$670
-1%
$42,200
2%
2016
$674
1%
$41,200
-4%
2015
$666
-3%
$42,800
4%
2014
$688
11%
$41,100
—
2013
$622
—
$41,100
—
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 518 7th Ave NW
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518 7th Avenue NW, Faribault, MN 55021 (MLS# 7058679) is a Single Family property with 2 bedrooms and 1 full bathroom. 518 7th Avenue NW is currently listed for $149,000 and was received on April 20, 2026. Want to learn more about 518 7th Avenue NW? Do you have questions about finding other Single Family real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.