1239 3rd AVE SW new

Rochester,MN 55902

$ 449900

- Bed

- Bath

3128 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,128 sqft

Price per Sqft $143

Subdivision Graham Add - Torrens

MLS Listing ID 6797229

Year Built 1963

Annual Tax Amount $5,658

Tax Year 2025

Lot Size 6,969 Sqft

Property Sub-Type Quadruplex

Property Description

This charming multi-family property offers an excellent opportunity for savvy investors looking to generate steady rental income. With seven bedrooms and four bathrooms spread across 3,164 square feet, there's plenty of space for tenants to call home.

Located in friendly Rochester, this property sits in an area that perfectly balances residential comfort with convenient amenities. Families will appreciate being just a short walk from Zumbro South Park, where kids can enjoy the baseball field and playground equipment. The nearby Rochester Stem Academy adds educational value to the location, making it attractive to families seeking quality schooling options.

Each unit offers comfortable living spaces with well-appointed bathrooms and bedrooms that maximize natural light and functionality.

This neighborhood has that welcoming small-town feel while offering the conveniences of city living. The tree-lined streets create a pleasant walking environment, and the proximity to parks means tenants can easily enjoy outdoor activities year-round.

For investors seeking a property with strong rental potential in a desirable location, this multi-family home presents an opportunity to build long-term wealth through consistent income generation. The combination of practical living spaces and neighborhood appeal makes it an attractive option for quality tenants.

Location

State MN

County Olmsted

Zoning Residential-Multi-Family

Interior

Heating Baseboard,Boiler

Exterior

Parking Features Asphalt,Shared Driveway,Parking Lot,Paved,Storage

Roof Type Asphalt

Building

Lot Description Public Transit (w/in 6 blks)

Story Split Entry (Bi-Level)

Foundation 1564

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone,Vinyl Siding

New Construction false

Schools

Elementary Schools Bamber Valley

Middle Schools Willow Creek

High Schools Mayo

School District Rochester

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