226 7th Street NWFaribault, MN 55021
$525,000
6 bedrooms · 6,427 finished sq ft · 0.348 acre lot
About this home
This stately 1890s multi-family residence is a standout example of craftsmanship and opportunity in the heart of Faribault. Configured as a unique seven-unit property, it offers strong income potential with a proven rental layout. Timeless character shines throughout, highlighted by classic hardwood floors and distinctive architectural details. A large open-frame porch and striking exterior create impressive curb appeal, while the corner lot setting adds to its presence. The property also features a spacious basement, ideal for storage or maintenance, along with convenient gravel driveway parking. Designed for efficient management, the building includes common heating and separate electric utilities for each unit. Recent assessments reflect increasing value, and the solid stone foundation underscores its long-term durability. With the right vision and updates, there is an excellent opportunity to further enhance both value and appeal. Located near local amenities with easy highway access, this property presents a rare opportunity to own a piece of Faribault’s history while maximizing its investment potential.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1890
- Bedrooms
- 6
- Finished sq ft
- 6,427
- Lot
- 0.348 acres
- Basement
- Block, Full, Unfinished
- Heating
- Natural Gas, Forced Air, Hot Water
- Cooling
- None
- Property taxes
- $5,150 a year
- Listed
- May 1, 2026
- MLS number
- 7061689
Listing courtesy of Keller Williams Preferred Rlty (The Huerkamp Home Group). MLS #7061689.
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How it compares
226 7th Street NW, Faribault, MN 55021 is a 6-bedroom single-family home built in 1890, listed for $525,000 on May 1, 2026 by Keller Williams Preferred Rlty. That is in the upper quarter of the 83 single-family homes for sale in Faribault right now (median $389,900; $82 per square foot here against $168 for the group). That works out to $82 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Faribault community guideSchools, commutes, parks, home values and local stories.
- Faribault housing market, September 2026Homes sold for a median $290,000 over 12 months (−6.3%), 65 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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