For Sale: Rochester MLS# 6796468
Active
NEW!
$240,000
Multi-family: Duplex Up and Down
Built 1926
1,894 sqft • 0.14 acres
Rochester schools
MLS# 6796468
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Property Description
Well-Maintained, Fully Occupied with great tenants, Duplex in a Prime Rochester Location!
Rare opportunity to own a meticulously cared-for duplex with a strong rental history, ideally situated next to Rochester’s walking trails and just minutes from downtown. Enjoy a peaceful, private setting bordered by city-owned land on two sides and the Zumbro River nearby.
The main-floor unit features updated flooring and modernized kitchen cabinets and countertops. The upper-level unit includes a brand new bathroom (2025) and updated flooring throughout. Additional building improvements include newer vinyl windows and exterior doors, plus a newly rebuilt exterior staircase to the second level (Spring 2025).
Tenants appreciate the convenience of a shared coin-operated laundry and extra storage space located in the clean, basement.
Whether you're expanding your portfolio or looking for an owner-occupant opportunity, this property delivers long-term value in a highly desirable location!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$240,000
Price per sq ft:
$127
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
0
County:
Olmsted
Year Built:
1926
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55901
Subdivision Name:
Mill Reservation Sub
Interior
Finished Area:
1,894 ft2
Living Area:
1,894 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Block
Exterior
Stories:
One and One Half
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
936 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Gravel
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
- Cedar
- Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.14
Geolocation:
44.038187, -92.466713
Lot Dimensions:
50 x 120
Zoning:
Residential-Multi-Family
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Elton Hills
Middle School:
John Adams
High School:
John Marshall
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$3,316
Annual Fuel Expense:
$1,729
Annual Insurance Expense:
$1,123
Annual Maintenance Expense:
None
Annual Gross Expense:
$9,147
Annual Trash Expense:
$300
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,358
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,358
Income
Annual Gross Income:
$25,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Property Brokers of Minnesota.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.