510 5th Street NW, Faribault, MN 55021
City/Faribault · Rice County
Key Facts
Description
Opportunity is knocking Welcome to this charming 3-bedroom, 2-bath home offering great space. From the moment you arrive, the inviting front porch sets the tone—perfect for morning coffee or relaxing evenings. Inside, you’ll find a functional layout with comfortable living and dining spaces, ready for your personal touch. The detached 2-car garage provides plenty of room for parking, storage, or a workshop setup. Whether you're a homeowner looking to build sweat equity or an investor searching for your next project, this property delivers. With some updates and vision, you can renovate to build immediate equity and truly make this home your own.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
(SF) Single Family
Year Built
1864
Stories
1
Living Area
2,813 sq ft
Lot Size
0.25 acres
Lot Dimensions
66x165
Garage Spaces
2
Zoning
Residential-Single Family
Days on Market
13
MLS® Listing#
7059696
Property Features
Appliances
Cooling
Heating
Basement
Pool
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Sewer
Water Source
Rooms
- 15x13Main
- 15x7Main
- 15x7Upper
- 15x12Upper
- Dining Room10x9Main
- Kitchen9x9Main
- Living Room15x13Main
Financial Details
HOA
None
Annual Taxes
$2,220
Parcel Number
1831126140
Directions
From I-35: Take Exit 59 (MN-60 Toward Faribault) And Head East On MN-60 (4 Th St NW). Continue Into Town, Then Turn Left Onto 5 Th Ave NW, and shortly after, turn right onto 5th St NW. The Property 510 5 Th St NW Will Be On Your Left.
Affordability Calculator
$37,800
Estimated monthly payment
$1,006/mo
Principal $151,200 · Est. interest $210,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Faribault, MN
- $378,788
- Median Listing Price
- 76
- Median Days on Market
- 2,021
- Median Sq Ft
- $194
- Median Price / Sq Ft
- 152
- Active Listings
- This home’s price is 50% below the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Faribault, MN.
Location
Points of Interest in Faribault, MN
Showing the Faribault area map.
Nearby Schools
Faribault Lutheran School
School · 0.1 mi away
McKinley Early Childhood Center
School · 0.4 mi away
Early Childhood Family Education
School · 0.4 mi away
Discovery Public School
Secondary · 0.4 mi away
Alexander Learning Academy
School · 0.4 mi away
Divine Mercy Catholic School
School · 0.5 mi away
Lincoln Elementary School
Elementary · 0.5 mi away
Bethlehem Academy
School · 0.6 mi away
Peace Lutheran Church
School · 0.6 mi away
Faribault High School
Secondary · 0.8 mi away
Faribault Public Schools Community Education
School · 0.8 mi away
Msad Foundation
School · 0.9 mi away
Minnesota State Academy for the Deaf
School · 0.9 mi away
Jefferson Elementary School
Elementary · 1.2 mi away
Cannon River Stem School
Elementary · 1.2 mi away
Roosevelt Elementary School
Elementary · 1.2 mi away
MN Correctional Facility-Faribault
Secondary · 1.4 mi away
Faribault Area Learning Center
School · 1.7 mi away
Faribault Middle School
Secondary · 1.8 mi away
Faribault Public Schools
School · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6205 French Lake Way, Faribault, MN | $139,900 | 2 | 1 | 1,140 |
| 14 6th Avenue NW, Faribault, MN | $150,000 | 4 | 3 | 1,976 |
| 6271 French Lake Path, Faribault, MN | $169,900 | 2 | 1 | 704 |
| 405 Edgar Place, Faribault, MN | $174,900 | 3 | 2 | 1,216 |
| 605 Division Street W, Faribault, MN | $189,900 | 2 | 1 | 668 |
| 724 8th Avenue NW, Faribault, MN | $189,900 | 3 | 3 | 1,064 |
Moving Cost Estimate
EXIT Agents in Faribault
Listing Courtesy: Gold Door Realty LLC - 3202793212
Presented by: Jill Marie Warner