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
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Housing Market Comparison
See how this home compares to others in Rochester, MN.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 22, 2017
Dec 22, 2017Home Sold
$277,500
Jul 28, 2015
Jul 28, 2015Home Sold
$195,000
Apr 06, 2010
Apr 06, 2010Home Sold
$147,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,518
$270,400
2019
$4,002
$229,500
2017
$3,650
$191,200
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Byron Intermediate School
501 10th Ave NE
Distance between this listing and this school7.82 miles
Public District Grades 3-5
7
/10
Bear Cave Intermediate School
1021 10th St NW
Distance between this listing and this school11.04 miles
Public District Grades 3-5
8
/10
Dover-Eyota Elementary School
27 Knowledge Rd SW
Distance between this listing and this school12.45 miles
Public District Grades PK-5
Nearby Schools
5
/10
Rochester Math and Science Academy
415 16th St SW
Distance between this listing and this school1.54 miles
Public Charter Grades KG-8
7
/10
Byron Middle School
601 4th St NW
Distance between this listing and this school9.12 miles
Public District Grades 6-8
5
/10
Stewartville Middle School
440 6th Ave SW
Distance between this listing and this school11.81 miles
Public District Grades 6-8
Nearby Schools
5
/10
John Marshall High School
1510 14th St NW
Distance between this listing and this school1.06 miles
Public District Grades 9-12
3
/10
Rochester STEM Academy
415 16th St SW
Distance between this listing and this school1.54 miles
Public Charter Grades 9-12
7
/10
Mayo High School
1420 11th Ave SE
Distance between this listing and this school1.89 miles
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.
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.