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$349,900 Just Listed

  • For Sale
  • Active
  • Triplex
  • 6 Beds
  • 3 Total Baths
  • 1,730 Sq. Ft.
  • 1 Car Garage
  • Updated 1 hour ago
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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 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.

Full Property Details for 527 6th Ave NW

General

  • Price: $349,900
  • Taxes: $2,612 (2025)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7009206
  • Updated: 1/22/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Shared Amenities: None

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Covered, Gravel, Concrete, Open

Location

  • County: Rice
  • Township: Faribault
  • Subdivision: Mcclellands Add
  • Driving Directions: Head toward 3rd Ave NW. Turn right onto 4th Ave NW. Turn left onto 6th St NW. Turn left onto 6th Ave NW. Destination will be on the left.

School Information

  • School District: 2145 - Faribault
  • High School District: Faribault

Heating & Cooling

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

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Partial, Partially Finished, Walk-Out, Wood
  • Foundation Size: 650
  • Roof: Flat, Other, Rubber
  • Disability Access: None
  • Square Feet: 1,730
  • Above Ground: 1,765 Sq. Ft.
  • Below Ground: 500 Sq. Ft.
  • Year Built: 1880

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.159
  • Lot Dimensions: 105 x 66
  • Frontage: City Street, Sidewalks
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks), Corner Lot, Medium Tree Coverage, Underground Utilities
  • Fencing (Description): Other

Financial Considerations

  • Operating Expenses: $8,112
  • Tax Amount: $2,612
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Insurance, Repairs, Other, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Electricity, Fuel
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: MCCLELLANDS N105FT L1 B15 3 UNITS
  • Property ID: 1831226079

Listed by Redfin Corporation

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Listing agents

— 527 6th Ave NW —

  • Redfin Corporation

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 527 6th Ave 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
6-81.8 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-120.8 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 527 6th Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$349,900
19.63%
MLS
1/13/2025
Sold
$292,481
—
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 527 6th Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,612
13%
$279,800
50%
2024
$2,308
25%
$186,500
23%
2021
$1,840
—
$152,200
-18%
2023
$1,840
—
$186,500
9%
2021
$1,840
11%
$171,200
34%
2020
$1,664
7%
$127,300
9%
2019
$1,556
—
$117,000
3%
2018
$1,552
2%
$113,600
6%
2017
$1,516
1%
$107,200
3%
2016
$1,508
2%
$104,500
-3%
2015
$1,482
-5%
$107,800
4%
2014
$1,554
7%
$103,500
—
2013
$1,450
—
$103,500
—
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 Redfin Corporation

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527 6th Avenue NW, Faribault, MN 55021 (MLS# 7009206) is a Triplex property with 6 bedrooms and 0 full bathrooms. 527 6th Avenue NW is currently listed for $349,900 and was received on January 21, 2026. Want to learn more about 527 6th Avenue NW? Do you have questions about finding other Triplex 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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