Turnkey Investment or Move-In Ready Gem in the Heart of Rochester's Southwest Corridor. Opportunity meets charm in this fully updated, income-producing three-bedroom, two-bath ranch-style home situated in one of Rochester's most convenient southwest locations. Whether you're an investor looking to step into a cash-flowing short-term rental or a first-time buyer drawn to the character of a well-built mid-century home, this property checks every box. Built in 1954 and completely renovated from top to bottom, the home retains the warmth and craftsmanship of its era while delivering modern finishes throughout. The kitchen has been fully updated with new cabinets, newer appliances, and sleek countertops. Both baths have been beautifully refreshed, and the open-concept layout keeps the space light, functional, and welcoming. The main level offers 1,152 finished square feet with three bedrooms, a wood-burning fireplace in the living room, a mud room, and a dedicated laundry area. The unfinished basement (912 SF) provides exceptional storage or future expansion potential. A two-car attached garage (21x21) and fenced backyard round out the package. This is a well-connected southwest location just minutes from St. Mary's/Mayo Clinic campus, Apache Mall, shopping, dining, and major medical corridors, making it a proven draw. The property is sold fully furnished and turnkey. The short-term rental operation is already active with current consecutive bookings beginning end of May, meaning an investor buyer steps directly into revenue with no setup required.
Active
$395,000
1125 7th Ave SW, Rochester, MN 55902
3beds
2,064sqft
Est.: Get pre-qualified
Single Family
Built in 1954
9,085 Square Feet Lot
$390,400 Zestimate®
$191/sqft
$-- HOA
What's special
Well-built mid-century homeFenced backyardModern finishes throughoutSleek countertopsNewer appliancesDedicated laundry areaMud room
- 22 days |
- 1,135 |
- 51 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michelle Kalina 507-269-6439,
Lakes Sotheby's International Realty,
Katrina Pulham 507-696-7850
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7071615
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 3
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x08
Bathroom
- Level: Main
- Area: 36 Square Feet
- Dimensions: 06x06
Bathroom
- Level: Main
- Area: 30 Square Feet
- Dimensions: 06x05
Dining room
- Level: Main
- Area: 63 Square Feet
- Dimensions: 09x07
Family room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Laundry
- Level: Lower
- Area: 851 Square Feet
- Dimensions: 37x23
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Mud room
- Level: Main
- Area: 25 Square Feet
- Dimensions: 05x05
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Lower Level, Sink
Features
- Basement: Block
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
- Finished area above ground: 1,152
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
- Details: Garage Dimensions (21x21)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Chain Link
Lot
- Size: 9,085 Square Feet
- Dimensions: 83 x 122 x 80 x 105
- Features: Irregular Lot
Details
- Additional structures: Storage Shed
- Foundation area: 912
- Parcel number: 640234018771
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete, Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Parkside Sub
HOA
- Has HOA: No
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $316,700
- Annual tax amount: $4,442
- Date on market: 5/13/2026
- Road surface type: Paved
Estimated market value
$390,400
$371,000 - $410,000
$2,413/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $395,000+5.3%$191/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7071615 Report a problem | ||
| 4/23/2026 | Price change | $2,500-10.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2026 | Price change | $2,800-6.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2026 | Listed for rent | $3,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2025 | Listing removed | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2025 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/31/2024 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/9/2024 | Sold | $375,000+15.4%$182/sqft |
Source: Public Record Report a problem | ||
| 3/27/2024 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2023 | Sold | $325,000-2.3%$157/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6340120 Report a problem | ||
| 5/22/2023 | Pending sale | $332,500$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6340120 Report a problem | ||
| 4/20/2023 | Price change | $332,500-2.9%$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6340120 Report a problem | ||
| 3/27/2023 | Price change | $342,500-2.1%$166/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6340120 Report a problem | ||
| 3/10/2023 | Listed for sale | $350,000+34.6%$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6340120 Report a problem | ||
| 10/10/2022 | Sold | $260,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,429 +41.1% | $316,700 |
| 2024 | $3,138 | $316,700 +27.1% |
| 2023 | -- | $249,200 +26.2% |
| 2022 | $2,500 +4.3% | $197,400 +10.3% |
| 2021 | $2,396 +1.9% | $179,000 +4.7% |
| 2020 | $2,352 +5.8% | $171,000 +12.3% |
| 2019 | $2,224 +100% | $152,300 -10.6% |
| 2017 | $1,112 +19.3% | $170,300 +37.4% |
| 2016 | $932 | $123,900 +17.1% |
| 2015 | $932 +14.2% | $105,800 +2.1% |
| 2014 | $816 +10% | $103,600 -2.4% |
| 2012 | $742 | $106,100 -19.7% |
| 2011 | -- | $132,100 -1.6% |
| 2010 | $1,464 -0.4% | $134,300 |
| 2008 | $1,470 | $134,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Parkway
Nearby schools
GreatSchools rating
- 8/10Folwell Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 3.4 mi
- 9/10Mayo Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Folwell
- Middle: John Adams
- 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
- 55902
- Parkway
- 1125 7th Ave SW
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