Back to Search
Overview
Location
Mortgage
Similar Homes
Sold for $355,000
Sold for $355,000
1935 7th St NW Faribault, MN 55021
$355,000
CLOSEDBeds
9
Baths
4
Sqft
4,145
Acres
0.8
Year
1962
Close Date
Dec 6, 2021
Property Type
Residential Income
Sub Type
Apartment
Per Square Foot
$86
Date Listed
Aug 13, 2021
Description of 1935 7th St NW, Faribault, MN 55021
Listing details for 1935 7th St NW, Faribault, MN 55021 : Large four unit apartment building right on the edge of downtown Faribault with excellent long term rental history and double digit cap rate. Great return on revenue with opportunity to increase monthly income. Large lot that backs up to a shared community trail and walking distance to parks, trails, restaurants and more. Shared coin op laundry room in the lower level with individual storage units for each unit. Oversized two car garage and plentiful off-street parking for each unit.
View More
Listing Updated : 08-24-2026 at 3:31 PM CDT
Property Details
Property Overview
Listing Price
$379,836
MLS #ID
6071845
Close Price
$355,000
Close Date
Dec 6, 2021
Bedrooms
9
Bathrooms
4
Square Footage
4,145
Acres
0.8
Year
1962
Days on Site
71 Days
Property Type
Residential Income
Property Sub Type
Apartment
Price per Sq Ft
$86
Date Listed
Aug 13, 2021
Location
Street Address
1935 7th St NW
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
35 to Hwy #21 South to 7th Street NW West to property on left.
Schools
School District
Home Specification
Bedrooms
9
Total Square Feet
4,145
Above Grade Square Feet
3,193
Construction / Architecture
Year Built
1962
Construction Materials
Block
Roof
Age Over 8 Years, Asphalt, Flat and Pitched
New Construction
No
Price per Sq Ft
$86
Lot Features
Tree Coverage - Light
Lot Size (Acres)
0.8
Lot Dimensions
133x270x151x217
Interior Details
Fireplace
No
Heating
Baseboard and Hot Water
Cooling
None
Exterior Details
Garage
No
Garage Spaces
2
Parking Features
Detached Garage, Asphalt and Garage Door Opener
Exterior Features
Wood
Fencing
None
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$3,900.00
HOA Fee Includes
None
Association Amenities
Coin-op Laundry Owned
Show More
Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6071845
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate $367K – $611K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate $367K – $611K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Property History
DateEventPrice
12/6/2021
Sold
$355,000
$86/sqft
Source:NorthstarMLS #NST6071845
NorthstarMLS #NST6071845 8/13/2021
Listed for sale
—
Source:NorthstarMLS #NST6071845
NorthstarMLS #NST6071845 5/14/2020
Sold
$320,000
$77/sqft
Source:NorthstarMLS #NST5266372
NorthstarMLS #NST5266372 7/19/2019
Listed for sale
—
Source:NorthstarMLS #NST5266372
NorthstarMLS #NST5266372Location of 1935 7th St NW, Faribault, MN 55021
Streetview of 1935 7th St NW, Faribault, MN 55021
Mortgage Calculator
Schools Near 1935 7th St NW, Faribault, MN 55021
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate $367K – $611K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Homes Similar to 1935 7th St NW, Faribault, MN 55021
Open: Sat 10:00 AM - 12:00 PM
$360,000
Coming Soon
3
Beds
3
Baths
2503
Sqft
0.09
Acres
2245 198th St W, Faribault, MN 55021
MLS#: 7165020
Sold Homes Similar to 1935 7th St NW, Faribault, MN 55021
Sold on Oct 27, 2026
$321,000
Closed
3
Beds
2
Baths
1938
Sqft
0.392
Acres
6950 French Lake Ct, Faribault, MN 55021
MLS#: 7141875
Sold on Oct 26, 2026
$415,000
Closed
3
Beds
2
Baths
1880
Sqft
1.298
Acres
6960 French Lake Ct, Faribault, MN 55021
MLS#: 7141861
Sold on Oct 15, 2026
Sold on Oct 14, 2026
$360,000
Closed
3
Beds
2
Baths
1633
Sqft
0.511
Acres
4488 Roberds Lake Trl, Faribault, MN 55021
MLS#: 7097912
Based on information submitted to the MLS GRID as of 2026-08-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement @ Copyright 2026, AgentLoft.com - Powered by AgentLoft