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Sold on 09/28/2023

528 9th St NW, Faribault, MN 55021

  • $254,000

    Last sold 09/28/2023 for $259K

  • —

    bed

  • —

    bath

  • 1,987

    Sqft ($131/Sqft)

Multi-family not for sale
Movoto is helping 7 homebuyers near you

About 528 9th St NW

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 9,583 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Welcome to your dream investment opportunity! This trendy triplex is the perfect blend of classic charm and modern convenience. Situated in desirable Faribault this property is a fantastic addition to any real estate portfolio! Easy access to shopping, dining, & entertainment! Whether you're a seasoned investor or a newcomer to real estate, this triplex offers an attractive income potential. With a strong rental history and a competitive rental market, you can achieve excellent returns on your investment. Want to learn more? Schedule your private tour today!
Listed by
Listing Agent - Lacie Nelson
Listing Office - eXp Realty
Source: Northstar MLS mls logo
MLS#6433452 • last updated 1 year ago
Movoto checked Northstar MLS for data 9 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 6433452
Type Residential Income
SubType Triplex
Property Tax 2856
Tax Assessment 2856
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Accessibility Features None
Exterior
Construction Steel Siding
# Garage Spaces 2
Parking Desc Detached
Amenities / Utilities
Water Source City Water/Connected
Location
County Rice
Subdivision Paquins 2nd Add
High School District Faribault
APN 1830375019
Multifamily Details
Total # of Units 3
Annual Gross Income 33120
Expense: Trash 540
Operating Expense 8940
Expense: Insurance 1800
Expense: Water/ Sewer 1044
Expense: Electricity 2868
Expense: Fuel 996
Expenses 8940
Lot/ Land Details
Present Use Yearly
$254K
Range: $223K-$284K
Last 30 days 
Rental est.: $1,095/month
Gross rent multiplier: 19.8
  • Oct 2023
    mls logo MLS # 6433452
  • Oct 27, 2023 Sold
    $259,900
  • Sep 29, 2023 Pending
    —
  • Sep 14, 2023 Coming Soon
    $259,900 (+27.4%)
  • May 2022
    mls logo MLS # 6188026
  • May 31, 2022 Sold
    $204,000
  • May 3, 2022 Listed
    $204,000 (+10.0%)
  • Sep 2020
    mls logo MLS # 5645575
  • Sep 4, 2020 Price Change
    $185,500 (-7.2%)
  • Aug 22, 2020 Listed
    $199,900
  • 528 9th St NW
    $259K
  • Paquins 2nd Add
    —
  • 55021
    $349K -5% y/y
  • Faribault
    $354K -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lincoln Elementary School
public Grades K-5
Faribault Public School District
2/10
Faribault Middle School
public Grades 6-8
Faribault Public School District
4/10
Faribault Senior High School
public Grades 9-12
Faribault Public School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Paquins 2nd Add

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  • Rice County
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  • 528 9th St NW
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