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$319,900
6 Beds
4 Baths
2,736sqft
416 8Th St Nw, Faribault, MN 55021
$319,900
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Quadruplex
Built in 1900
$-- HOA
0.4 acre lot
$117/sq.ft
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.
- Houzeo last checked: 15 Minutes ago
- Listing updated: December 18, 2025 at 3:49 pm
- Listing Provided by: | Premier Real Estate Services
- Source: Northstar MLS-MN | MLS#: 6825777
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
2,736 sqft
Lot Size
0.4 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
6825777
Days on Market
9
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