Closed
$450,000
1239 3rd Ave SW, Rochester, MN 55902
7beds
4baths
3,128sqft
Quadruplex
Built in 1963
-- sqft lot
$-- Zestimate®
$144/sqft
$2,366 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,366/mo
Zestimate® history
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Owner options
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What's special
This charming multi-family property offers an excellent opportunity for savvy investors looking to generate steady rental income. With seven bedrooms and four bathrooms spread across 3,164 square feet, there's plenty of space for tenants to call home.
Located in friendly Rochester, this property sits in an area that perfectly balances residential comfort with convenient amenities. Families will appreciate being just a short walk from Zumbro South Park, where kids can enjoy the baseball field and playground equipment. The nearby Rochester Stem Academy adds educational value to the location, making it attractive to families seeking quality schooling options.
Each unit offers comfortable living spaces with well-appointed bathrooms and bedrooms that maximize natural light and functionality.
This neighborhood has that welcoming small-town feel while offering the conveniences of city living. The tree-lined streets create a pleasant walking environment, and the proximity to parks means tenants can easily enjoy outdoor activities year-round.
For investors seeking a property with strong rental potential in a desirable location, this multi-family home presents an opportunity to build long-term wealth through consistent income generation. The combination of practical living spaces and neighborhood appeal makes it an attractive option for quality tenants.
Zillow last checked: 13 hours ago
Listing updated: January 01, 2026 at 04:38am
Listed by:
Luke Ihde 507-272-7960,
Homes Plus Realty
Bought with:
Luke Ihde
Homes Plus Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6797229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Baseboard, Boiler
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Block,Egress Window(s),Full,Storage Space,Walk-Out Access
Interior area
- Total structure area: 3,128
- Total interior livable area: 3,128 sqft
- Finished area above ground: 1,564
- Finished area below ground: 1,564
Property
Parking
- Parking features: Asphalt, Shared Driveway, Storage
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 7,100 sqft
- Dimensions: 64 x 110 x 65 x 110
- Features: Near Public Transit
Details
- Foundation area: 1564
- Parcel number: 641112008692
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Rochester Public Utilities
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Rochester
- Subdivision: Graham Add - Torrens
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $450,000+0%$144/sqft |
Source: | ||
| 12/5/2025 | Pending sale | $449,900$144/sqft |
Source: | ||
| 11/24/2025 | Listed for sale | $449,900$144/sqft |
Source: | ||
| 11/6/2025 | Listing removed | $449,900$144/sqft |
Source: | ||
| 10/1/2025 | Listed for sale | $449,900$144/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,524 | $314,300 +6.3% |
| 2023 | -- | $295,700 -16.2% |
| 2022 | $4,634 +0.1% | $352,900 +27.3% |
Find assessor info on the county website
Neighborhood: 55902
Nearby schools
GreatSchools rating
- 3/10Franklin Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Mayo Senior High SchoolGrades: 8-12Distance: 1 mi
- 4/10Willow Creek Middle SchoolGrades: 6-8Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Bamber Valley
- Middle: Willow Creek
- 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.

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