1 month on rocket

723 1st St SW, Rochester, MN, 55902

$375,000

Home List Price

$4,453*

Closing Credit

0 Baths
2,211 SqFt
$170/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

723 1st St SW, Rochester$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
Garage1 space
Year Built1908
HeatingForced Air
BasementYes
MLS #6611155
StatusActive

About 723 1st St SW

Discover this prime triplex in the heart of Rochester! Perfectly located near downtown and Mayo Clinic, this property features three spacious units, each offering modern amenities, updated kitchens, and bright, open living spaces. With excellent rental potential, this triplex is ideal for investors or owner-occupiers. Ample parking, separate utilities, and a well-maintained exterior make this a hassle-free investment. Whether you're looking to expand your portfolio or find your next home with rental income, this property is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Living Area: 2,211 SqFt

Listing Office:

  • Office Name: Century 21 Atwood Rochester

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Traveling East , away from HWY 52, on 2nd ST SW, turn left on 7th Ave SW, turn left on 1st ST SW

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $4,518
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Rochester, MN.

Med. Sold Price

$325K

Med. Price/SqFt

$172

Avg. Days On Market

39

# of Sold Homes

146

723 1st St SW vs Rochester

51 DAYS ON ROCKET

+12 Days

$375,000

+$50K More

$170/SqFt

-$2 Less

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $2/SqFt less than other homes in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6611155

Listing Office:

  • Office Name: Century 21 Atwood Rochester

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 22, 2017Home Sold
$277,500
Jul 28, 2015Home Sold
$195,000
Apr 06, 2010Home Sold
$147,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,518$270,400
2019$4,002$229,500
2017$3,650$191,200

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-485018
9
/10
  • Byron Intermediate School

  • 501 10th Ave NE

  • 7.82 miles

  • Public District Grades 3-5

school-card-donut-485019
7
/10
  • Bear Cave Intermediate School

  • 1021 10th St NW

  • 11.04 miles

  • Public District Grades 3-5

school-card-donut-485020
8
/10
  • Dover-Eyota Elementary School

  • 27 Knowledge Rd SW

  • 12.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,935. Typical income of Rochester, MN residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMinnesotaOlmsted CountyRochester55902723 1st St SW

This home is located at 723 1st St SW in Rochester, MN and zip code 55902 in the Kutzky Park neighborhood. This 2,211 square foot home was built in 1908. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $375,000.

In October 2024, from all listings sold in Rochester, MN there were more than 43 sold above asking price, over 68 sold below and more than 35 were sold right at the asked price. In October 2024 in Rochester, MN there were 0.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 39 days, the median list price was $325,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources