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  • $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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    $2,706/mo

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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#: 6797229MLS Logo

    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

    DateEventPrice
    12/31/2025Sold$450,000+0%$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6797229 Report a problem
    12/5/2025Pending sale$449,900$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6797229 Report a problem
    11/24/2025Listed for sale$449,900$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6797229 Report a problem
    11/6/2025Listing removed$449,900$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6797229 Report a problem
    10/1/2025Listed for sale$449,900$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6797229 Report a problem

    Public tax history

    YearProperty taxesTax 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
    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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