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For Sale:  Rochester MLS# 7079895

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Active NEW!
$221,999
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1920
1,428 sqft • 0.151 acres
Rochester schools
MLS# 7079895
763-576-8286
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    Property Description

    Turnkey duplex with strong rental history, low owner expenses, and timeless character. Built in 1920, this property blends original hardwood floors and classic charm with practical updates tenants actually want — including updated kitchens and bathrooms, dishwashers, separate laundry for each unit, and separately metered electric. The lower unit is currently rented at $1, 160/month, while the upper unit is vacant and was previously rented at $955/month, offering immediate upside for an owner-occupant or investor looking to place their own tenant at current market rent. Both units offer comfortable layouts with a warm, lived-in feel that stands out from generic rentals. Owner expenses are minimal with tenants paying their own electric and the owner responsible for only water/sewer averaging approximately $65/month. Easy to manage, easy to rent, and full of character, this duplex is a solid opportunity for someone looking for dependable income without taking on a heavy renovation project.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $221,999
    Price per sq ft: $155
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 2
    County: Olmsted
    Year Built: 1920
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55904
    Subdivision Name: East Rochester Add-Part Torrens

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,428 ft2
    Living Area: 1,428 ft2
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 612 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air

    Lot & Land

    Acres: 0.151
    Geolocation: 44.015559, -92.452111
    Lot Dimensions: 50 x 132

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Riverside Central
    Middle School: Willow Creek
    High School: Mayo

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,400
    Annual Maintenance Expense: $1,250
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $780
    Tenant Expenses: Electricity, Gas, Lawn Care, Snow Removal, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,816
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,816

    Income

    Annual Gross Income: $25,380

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Real Broker, LLC..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.