$319,900
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416 8Th Street Nw, Faribault, MN 55021

6 Beds
4 Baths
2,736 Sq Ft

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# 6825777
  • Date Listed12/10/2025
  • Days on Realty 9 Days
  • Bedrooms 6
  • Bathrooms 4 baths
  • Lot Size 0.4 acres (17,424 sq. ft)
  • Sewer Public Sewer
  • Subdivision Paquins 2nd Add
  • Property Type Quadruplex
  • County Rice
  • Year Built 1900
  • Water Public
  • Square Feet 2,736 sq. ft
  • Price Per Sq. Ft $116.92

Interior Features

  • Heating Forced Air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.40
  • Lot Size SQFT 17,424.00
  • Lot Features -

Financial Considerations

  • Tax Amount $3,806
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MN / 55021

Source: Walkscore

53/100

Somewhat Walkable

Walk Score ®

43/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 26/100.

Points of Interest near 416 8th Street NW, Faribault, MN 55021

Frequently Asked Questions for 416 8th Street NW

Source: Realty.com

416 8th Street NW, Faribault, MN 55021 is a Quadruplex, Residential Income property listed for $319,900 The property is 2736 sq. ft with 6 bedrooms and 4 bathrooms

Our records indicate that 416 8th Street NW was built in 1900.

The full address for this home is 416 8th Street NW, Faribault, MN 55021.

416 8th Street NW has been listed on Realty.com since Wed December 10, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 26/100.

There are 3 schools assigned to this home. Check out the schools near 416 8th Street NW. Mckinley Early Childhood Center (Grades: PK - PK), Discovery Public School Faribault (Grades: 6 - 12), Faribault Senior High School (Grades: 9 - 12)

Listing provided courtesy of: Premier Real Estate Services (tel: 320-259-4554)
Listing agent: Thomas Schiffler (tel: 320-980-1414) (#505502008)

This content last refreshed on 2025-12-19 10:43:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 416 8th Street NW, Faribault, MN 55021 : MLS# 6825777