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Listed price in listed location currency (USD).
$319,900

640

MLS® 6825777

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2736 sqft
Garage Yes
Taxes $3,806
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $116
MLS® Number 6825777

Property Address: 416 8th St Nw, Faribault, MN, 55021-4185

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity priced to meet the 1% rule and located in a highly convenient area. Just minutes from downtown Faribault with quick access to I-35 and Highway 60, this property offers both strong rental potential and long-term upside. The building features four units: two 2-bed/1-bath units and two 1-bed/1-bath units. Rents in Units 1, 3, and 4 are currently well below market, providing a great value-add opportunity for the next owner. The property showcases tall ceilings and plenty of character throughout. Additional amenities include ample on-site parking, a garage, and a storage shed.
MLS® Number6825777
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementPartial
Driveway
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 17, 2025List Date
$319,900List Price
Dec 14, 2023End Date
$263,000Sold Price

Sold

Nov 9, 2023List Date
$315,000List Price
  • Commute

Commute

Starting Address
Destination Address
416 8 Th St Nw, Faribault, MN

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