Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,858 (2026).

What school district is this property in?

This property is in the 656 - Faribault school district.

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property was listed for 34 days.

Sold / Closed

$207,000

Sold price · Closed Aug 17, 2026

$202/sqft

227 5th Avenue

227 5th Avenue, Faribault, MN, 55021

3 Bedrooms1 Bathroom1,037 Square Feet0.135 Acres

Days on market34

Year built1952

Garage spaces1

TypeResidential

Est. $3,297buyer credit when you buy with SODL

About this home

Offering 3 bedrooms and 1 bath, this home is an excellent opportunity for first-time buyers, or those wanting to downsize, looking for comfort, value, and peace of mind. The main level features two bedrooms and convenient everyday living, while the spacious upper level provides flexibility as a large third bedroom, family room, home office, or hobby space. Located in a quiet neighborhood, you'll appreciate the attached one-stall garage and the many major updates already completed, including a new roof, and hot water heater—replaced in 2024. Move right in and enjoy a home where some big-ticket improvements have already been taken care of.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1952

LevelsOne and One Half

Living area1,037 sqft

Above-grade finished1,037 sqft

Below-grade finished0 sqft

Lot size0.135 acres (82 x 72)

Days on market34

ListedJun 9, 2026

MLS #NST7089559

CountyRice

Parcel #1832253010

Facts & features

Interior

Bedrooms: 3
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: One and One Half
Garage: 1 space · 280 sqft
Parking features: Attached Garage, Concrete
Exterior features: Vinyl
Fencing: None
Lot size: 0.135 acres

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Block, Frame
Foundation: Block · 768 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 1952

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers, Fuses, 100 Amp Service

Community & HOA

HOA: No HOA
School district: 656 - Faribault
High school district: Faribault

Financial & listing details

Annual tax: $1,858 (2026)
Listed: Jun 9, 2026
Days on market: 34
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementBlock, Sump Pump

HeatingForced Air

CoolingCentral Air

LaundryIn Basement

AppliancesDryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

DiningEat In Kitchen

AmenitiesCeiling Fan(s), Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup

AccessibilityNone

Special featuresMain Floor Bedroom

Exterior & lot

ExteriorVinyl

RoofAge 8 Years or Less, Asphalt

FoundationBlock

Foundation area768 sqft

Lot featuresCorner Lot

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete

Garage spaces1

Garage size280 sqft

Financial details

Annual taxes$1,858

Tax year2026

Taxes w/ assessments1858

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District656 - Faribault

District number656

District phone5073336016

High schoolFaribault

SODL flat fee brokerage

$3,297Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,297

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,328/mo

Principal & interest$1,103

Property taxes$155

Home insurance (est.)$70

Down payment

$41,980

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.