Take advantage of a unique opportunity in southeast Rochester featuring R3 TOD (Transit-Oriented Development) zoning, designed to support future growth and higher-density housing options.
This property includes an **adjacent lot, both included in the price**giving you added space and flexibility. Whether you’re looking to build, expand, or invest, the R3 TOD zoning offers valuable potential for development in a location positioned near transit and everyday conveniences.
Located just minutes from downtown, shopping, dining, and transit routes, this property combines location, space, and long-term upside.
Highlights:
• Zoned R3 TOD (buildable, higher-density potential)
• Adjacent lot included in price
• Ideal for future development or investment
• Close to downtown and transit access.
Active
Price increase: $500 (4/16)
$320,000
1120 4th St SE, Rochester, MN 55904
4beds
2baths
1,536sqft
Est.:
Triplex
Built in 1925
-- sqft lot
$317,900 Zestimate®
$208/sqft
$-- HOA
What's special
- 45 days |
- 515 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Raquel Gossman 507-254-2074,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7040429
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Block
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
- Finished area above ground: 1,536
- Finished area below ground: 768
Video & virtual tour
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 3,746.16 Square Feet
- Dimensions: 62 x 50
Details
- Foundation area: 1536
- Parcel number: 640112054586
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Auditors A
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $12,700
- Annual tax amount: $3,036
- Date on market: 3/21/2026
- Cumulative days on market: 6 days
Estimated market value
$317,900
$302,000 - $334,000
$1,385/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $320,000+0.2%$208/sqft |
Source: | ||
| 3/21/2026 | Listed for sale | $319,500+180.3%$208/sqft |
Source: | ||
| 1/11/2018 | Listing removed | $775$1/sqft |
Source: EdgeWater Place LLC Report a problem | ||
| 1/6/2018 | Price change | $775-2.5%$1/sqft |
Source: EdgeWater Place LLC Report a problem | ||
| 12/30/2017 | Listing removed | $114,000$74/sqft |
Source: Owner Report a problem | ||
| 12/30/2017 | Listed for rent | $795$1/sqft |
Source: EdgeWater Place LLC Report a problem | ||
| 11/19/2017 | Pending sale | $114,000$74/sqft |
Source: Owner Report a problem | ||
| 11/19/2017 | Price change | $114,000-16.2%$74/sqft |
Source: Owner Report a problem | ||
| 10/9/2017 | Price change | $136,000+0.7%$89/sqft |
Source: Owner Report a problem | ||
| 10/7/2017 | Listed for sale | $135,000+3.9%$88/sqft |
Source: Owner Report a problem | ||
| 2/19/2016 | Listing removed | $129,900$85/sqft |
Source: Keller Williams - Rochester #4068276 Report a problem | ||
| 1/29/2016 | Listed for sale | $129,900$85/sqft |
Source: Keller Williams - Rochester #4068276 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $213 +9.2% | $12,700 |
| 2024 | $195 | $12,700 |
| 2023 | -- | $12,700 |
| 2022 | $212 | $12,700 |
| 2021 | $212 -4.5% | $12,700 |
| 2020 | $222 +0.9% | $12,700 |
| 2019 | $220 | $12,700 |
| 2017 | $220 -1.8% | $12,700 |
| 2016 | $224 | $12,700 |
| 2015 | $224 -2.6% | $12,700 |
| 2014 | $230 +6.5% | $12,700 |
| 2012 | $216 | $12,700 |
| 2011 | -- | $12,700 |
| 2010 | $200 | $12,700 |
| 2008 | $200 | $12,700 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,867/mo
Principal & interest
$1579
Property taxes
$288
More affordability tools
Climate risks
Neighborhood: Slatterly Park
Nearby schools
GreatSchools rating
- 2/10Riverside Central Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 9/10Mayo Senior High SchoolGrades: 8-12Distance: 1.1 mi
- 4/10Kellogg Middle SchoolGrades: 6-8Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Riverside Central
- Middle: Kellogg
- High: Mayo
Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Olmsted County
- Rochester
- 55904
- Slatterly Park
- 1120 4th St SE







