511 4th St NW

Faribault, MN 55021

$349,900
Price
—
Beds
—
Baths
1,637 Sq. Ft.
$214 / Sq. Ft.
1,637
Sq. Ft.
$214
per Sq. Ft.

Description

This unique combination commercial and residential property boasts a cozy 2- Bedroom apartment in a prime, centrally located area. With numerous upgrades, the building features modern amenities and stylish finishes. The property is situated in a vibrant, high-traffic zone, ensuring great visibility for any commercial needs. Plus, it's fully handicap accessible, making it convenient and inclusive for everyone. So if you have a business concept and would like to have some supplemental income to offset...This unique combination commercial and residential property boasts a cozy 2- Bedroom apartment in a prime, centrally located area. With numerous upgrades, the building features modern amenities and stylish finishes. The property is situated in a vibrant, high-traffic zone, ensuring great visibility for any commercial needs. Plus, it's fully handicap accessible, making it convenient and inclusive for everyone. So if you have a business concept and would like to have some supplemental income to offset your mortgage, this one's for you! A great investment opportunity.
  1. Listed by Edina Realty, Inc.

Property Details for 511 4th Street Northwest

Subdivision Name
Original City
Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 11/17/2025 04:53 PM

Property Details for 511 4th Street Northwest

StatusActive
MLS #6818781
Days on Compass36
Taxes$3,980 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1910
Lot Size0.17 AC / 7,405 SF
CountyRice County

Location

Listing Courtesy of Edina Realty, Inc.
Add your commute

Building Information for 511 4th Street Northwest

Stories-Residences2Year Built1910Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,061 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,729

Property Taxes

$332

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 4th Street Northwest

Summary
Location and General Information
  • City Name: Faribault
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: Lyndale Ave to east onto 4th Str
  • Latitude: 44.294338
  • Longitude: -93.276878
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Faribault
  • City and Location Text: Faribault(MN)
  • Postal Code: 55021
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 1831126237
  • Tax Annual Amount: $3,980.00
  • Tax Legal Description: L2 EX E52.5FT THRF & L3 EX W39.5FT THRF B40 ORIG TOWN FBLT
  • Tax Other Annual Assessment Amount: $200.00
  • Tax Year: 2025
  • Tax With Assessments: 4180.0000
School Information
  • High School District: 656 - Faribault
  • School District Number: 656
  • School District Phone: 507-333-6016
Property
Lot Information
  • Current Use: Commercial
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 43.5 x 165
  • Lot Size Units: Acres
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Building Area Total: 1637.0
Property and Assessments
  • Age Of Property: 115
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Fully Wheelchair
  • Foundation Area: 768.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Roof: Age Over 8 Years
Interior Features
  • Appliances: Exhaust Fan, Microwave, Range, Refrigerator
  • Basement Type: Full, Concrete
  • Cooling: Central Air
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 709
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 1

Property History for 511 4th Street Northwest

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Price Change

NorthStar #6818781

$349,900—
Nov 17, 2025

Listed (Active)

NorthStar #6818781

—
DateEvent & SourcePrice
11/17/2025

Price Change

NorthStar #6818781

$349,900
11/17/2025

Listed (Active)

NorthStar #6818781

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 4th Street Northwest

Taxable ValueLand$37,300Additions$234,200Total$271,500
Tax Record2025$4,180 ($348 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,766 SqFtAbove Grade Finished SqFt1,766 SqFtStories2Lot Size7,177 SqFtStyleSingle Family ResidenceYear Built1910CountyRICEAPN18.31.1.26.237

Schools near 511 4th Street Northwest

This home is within Faribault Public School District.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - PK to 5
Faribault Middle School
Public - 6 to 8
Faribault Senior High School
Public - 9 to 12
Falcons Online Academy-Middle School
Public - 5 to 8
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Faribault Middle School
Public6 to 8

Faribault Senior High School
Public9 to 12

Falcons Online Academy-Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 511 4th Street Northwest, Faribault, MN 55021

511 4th Street Northwest is a mixed use property for sale in Faribault, MN 55021. This property was listed for sale on November 17, 2025 by Edina Realty, Inc., it's currently listed at $349,900. This listing's school district is Faribault Public School District. Nearby schools include Roosevelt Elementary School, Faribault Middle School and Faribault Senior High School. 511 4th Street Northwest is a 0-bed, 0-bath, 1,637 sqft mixed use property built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 11:11 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.