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  • $290,000

    1331 4th Ave SW, Rochester, MN 55902

    5beds
    2baths
    2,016sqft
    Duplex Up and Down
    Built in 1962
    -- sqft lot
    $322,200 Zestimate®
    $144/sqft
    $1,472 Estimated rent

    Home value

    $322,200

    $306,000 - $338,000

    $1,472/mo

    Zestimate® history
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    $1,770/mo

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    $1,770/mo

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    What's special

    Great opportunity to own a duplex conveniently located in SW Rochester close to shopping and downtown. Both units have active rental certificates and are ready for immediate occupancy. Full kitchen, bath and living room on both levels with access to laundry from each unit. Backyard faces an open area for additional privacy. Deck off the upper unit and large concrete patio off the lower. Detached 2-car garage. This property would be great as an investment or owner occupied unit with the 2nd unit rent offsetting monthly expenses. Both units in great condition.

    Zillow last checked: 8 hours ago

    Listing updated: May 06, 2025 at 05:36pm

    Listed by:

    Thomas H Meilander 507-254-2259,

    Edina Realty, Inc.,

    Chris Drury 507-254-5744

    Bought with:

    Evan Graning

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6305244MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Baseboard, Boiler
    Features
    • Basement: Block
    Interior area
    • Total structure area: 2,016
    • Total interior livable area: 2,016 sqft
    • Finished area above ground: 1,008
    • Finished area below ground: 970

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Concrete
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Patio & porch: Patio
    Lot
    • Size: 6,969 sqft
    • Dimensions: 110 x 64
    Details
    • Foundation area: 1008
    • Parcel number: 641112008617
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Vinyl Siding, Frame
    • Roof: Asphalt
    Condition
    • Age of Property: 63
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Rochester
    • Subdivision: Graham Add - Torrens

    Price history

    DateEventPrice
    2/22/2023Sold$290,000-9.3%$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6305244
    1/17/2023Pending sale$319,900$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6305244
    12/28/2022Price change$319,900-4.8%$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6305244
    11/2/2022Listed for sale$335,900+57%$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6305244
    12/1/2017Sold$214,000-4.8%$106/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5035912

    Public tax history

    YearProperty taxesTax assessment
    2024$4,006 $259,200 -1%
    2023-- $261,800 +10.3%
    2022$3,324 +7.4%$237,300 +19.3%

    Find assessor info on the county website

    Neighborhood: 55902

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ben Franklin
    • 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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    Estimated market value

    $322,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $322,200