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  • Price cut: $5.1K (3/21)
    $399,900

    1316 2nd St NW, Rochester, MN 55901

    5beds
    3baths
    3,186sqft
    : 
    Duplex Up and Down
    Built in 1939
    -- sqft lot
    $397,900 Zestimate®
    $126/sqft
    $-- HOA

    What's special

    Great location in historic Kutzke Park close to Mayo / St Mary’s complex and downtown with over 3000 ft.² This home has 5 bedrooms 3 baths and 2 kitchens currently used as an Airbnb short-term rental, but could easily be turned back to a single-family home or a duplex. Within the last year, a new roof, zero maintenance premium siding, high efficient HVAC/furnace and central air, also main floor kitchen has been completely remodeled. Convenient parking with a 2 car garage, and driveway parking for 3. Utilities run about $400 per month with $40,000+ a year Gross income this place could be a gold mine for Clinic residence, multigenerational families, investors, or owner occupants looking for a good long term rental. Basement has full kitchen, bedroom, den, living room, 3/4 bath, and common utility / laundry area.. Main floor has 2 bedrooms, full bath, and common kitchen and living room. Upstairs has 2 bedrooms and 3/4 bath. Rooms rent for $650 - 1,200/month depending on the time of the year.
    23 days
    |
    2,086
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 21, 2026 at 08:00am

    Listed by:

    Jim Armstrong 507-288-3333,

    Progressive Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7028516MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Forced Air
      Appliances
      • Laundry: In Basement, Common Area
      Features
      • Basement: Full,Partially Finished
      Interior area
      • Total structure area: 3,186
      • Total interior livable area: 3,186 sqft
      • Finished area above ground: 1,998
      • Finished area below ground: 743

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Fencing: Chain Link
      Lot
      • Size: 7,492.32 Square Feet
      • Dimensions: 50 x 150
      • Features: Tree Coverage - Medium
      Details
      • Foundation area: 1062
      • Parcel number: 743443003046

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Up and Down
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1939

      Utilities & green energy

      • Electric: 150 Amp Service
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Cascade Manor
      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $126/sqft
      • Tax assessed value: $344,100
      • Annual tax amount: $4,994
      • Date on market: 3/1/2026
      • Cumulative days on market: 36 days
      • Tenant pays: None
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        Estimated market value

        $397,900

        $378,000 - $418,000

        $1,697/mo

        Price history

        Price history
        DateEventPrice
        3/21/2026Price change$399,900-1.3%$126/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7028516 Report a problem
        3/1/2026Listed for sale$405,000+1.3%$127/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7028516 Report a problem
        4/14/2025Listing removed$399,900$126/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6683903 Report a problem
        3/13/2025Listed for sale$399,900+5.5%$126/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6683903 Report a problem
        8/15/2024Listing removed--
        Source: FMARMLS #6502374 Report a problem
        5/23/2024Price change$379,000-4%$119/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6502374 Report a problem
        5/7/2024Price change$394,900-1%$124/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6502374 Report a problem
        3/21/2024Listed for sale$399,000+110.6%$125/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6502374 Report a problem
        9/17/2014Sold$189,500$59/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5061017 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,994 +4.9%$344,100 +16%
        2024$4,760 $296,700 -4.6%
        2023-- $311,100 +11.2%
        2022$4,066 +1.3%$279,700 +15%
        2021$4,014 +2.4%$243,200 +1.2%
        2020$3,920 +6.6%$240,300 +13.1%
        2019$3,678 $212,400 +8.1%
        2017$3,678 +21.4%$196,400 +14.3%
        2016$3,030 $171,800 +15.8%
        2015$3,030 +12.7%$148,400 +19.2%
        2014$2,688 +61.9%$124,500 +5.4%
        2012$1,660 $118,100 -17.4%
        2011-- $143,000
        2010$1,584 +3.8%$143,000 +3.3%
        2008$1,526 $138,400

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,359/mo
        Principal & interest
        $1999
        Property taxes
        $360
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          Climate risks

          Neighborhood: Kutzky Park

          Getting around

          79 / 100
          Very Walkable
          83 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Elton Hills
          • Middle: John Adams
          • High: John Marshall

          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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