Faribault Homes with Apartments/Multi Family Style

Welcome to Faribault, Minnesota, a charming city nestled in Rice County that perfectly blends small-town warmth with vibrant community spirit. Known for its rich history and picturesque landscapes, Faribault boasts a welcoming atmosphere that makes it an ideal place to call home. With its historic downtown area, beautiful parks, and a variety of local shops and restaurants, residents enjoy a unique lifestyle that celebrates both tradition and modernity.

Faribault is not just a beautiful place to live; it also offers a diverse range of housing options, including multi-family homes and apartments. Whether you are a first-time homebuyer, an investor looking for rental properties, or someone seeking to downsize, the multi-family housing market in Faribault presents an array of possibilities. These properties often feature spacious layouts, inviting common areas, and convenient access to local amenities, making them perfect for families or individuals seeking a sense of community.

The city's strategic location, just a short drive from the Twin Cities, allows residents to enjoy the tranquility of Faribault while remaining connected to the hustle and bustle of metropolitan life. With excellent schools, recreational opportunities, and a strong sense of community, Faribault is a place where you can truly thrive.

Explore the multi-family homes available in Faribault, where you can find not only a place to live but also a vibrant community to be a part of. Discover the joy of living in this delightful city, where every day brings new opportunities and connections. Welcome home to Faribault!

Newest Faribault Homes with Apartments/Multi Family Style

$525,000

6 Beds ⋅ 7061689 MLS

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.

226 7th Street NW, Faribault

Listing courtesy of Keller Williams Preferred Rlty.

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