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1502 3rd Avenue NW, Rochester, MN 55901

Status: Off Market

2 units
1,894 sq ft

WELCOME HOME

Get to know this property.

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!

The details that matter.

General Property Information for 1502 3rd Avenue NW, Rochester, MN 55901 - MLS# 6796468
Bedrooms and Bathrooms
Total Bedrooms:
3
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1926
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
1.5 Story
Total SqFt:
1,894
Total Fnsh'd SqFt:
1,894
Above Ground SqFt:
1,894
Finished Above Grade:
1,894
Below Ground SqFt:
936
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
943
Approx Lot Dimensions:
50 x 120
Approx Number of Acres:
0.14
Income and Expenses
Gross Income:
$25,200
Total Expenses:
$9,147.0000

A closer look at the location.

From Hwy 52 take the Elton Hills Exit. Turn South onto 3rd Ave NW

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 MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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