Fully Renovated 1-Bedroom Just Minutes from Mayo Clinic and Downtown Rochester
Move right in. This 1918 bungalow was taken down to the studs inside and rebuilt in 2026 with finishes you rarely see at this price. The kitchen is all new: shaker cabinets with soft-close doors, white quartz-style countertops, subway-tile backsplash, undermount sink with a matte-black pull-down faucet, and a brand-new appliance package. The bathroom was gutted and redone with a tiled walk-in shower, glass slider, hex-tile floor, built-in niche shelving, and a new vanity, mirror, and lighting.
New luxury vinyl plank flooring runs through every room, with fresh paint, new baseboards and trim, new interior doors, and a new front entry door. The bedroom has a full closet, and the dining area off the kitchen gives you room for a table.
The big-ticket systems are already handled: furnace (2022), roof (2020), electrical panel (2019), water heater (2017), sewer line from house to street (2025), and new basement windows (2026). The City of Rochester is currently replacing the water main on the street as well.
Outside you'll find a fenced yard with mature shade trees, fresh landscaping, and a storage shed. The home holds a current City of Rochester rental certificate, so it is ready to occupy or rent from day one.
Located on a quiet street in Southeast Rochester with quick access to Mayo Clinic, downtown, Bear Creek trails, RCTC, shopping, and the bus line. At this price for a fully renovated home, it won't wait long.
Showings by appointment. Contact James at 507-785-8201 or jogilvie@valueaddservices.net.
For sale by owner
$182,000
1506 2nd St SE, Rochester, MN 55904
1beds
544sqft
SingleFamily
Built in 1918
4,408 Square Feet Lot
$-- Zestimate®
$335/sqft
$-- HOA
Overview
What the owner loves about this home
You're minutes from downtown Rochester and Mayo Clinic, but tucked on a quiet residential street in Southeast Rochester, so you get all the convenience of being close to downtown without the downtown traffic, parking hassles, or noise. Bear Creek trails, RCTC, shopping, and the bus line are all an easy reach from the front door.
- 8 days
- 425
- 8
Listed by:
Property Owner (507) 785-8201
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 544 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street, On-street, Garage
Features
- Exterior features: Wood
- Has view: Yes
- View description: Park
Lot
- Size: 4,408 Square Feet
Details
- Parcel number: 640111000904
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1918
Community & HOA
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $121,400
- Annual tax amount: $1,001
- Date on market: 10/26/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $182,000+95.7%$335/sqft |
Source: Owner Report a problem | ||
| 10/26/2026 | Listing removed | $1,395$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/30/2026 | Listed for rent | $1,395$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2026 | Sold | $93,000-17%$171/sqft |
Source: | ||
| 6/11/2026 | Pending sale | $112,000$206/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $112,000+62.7%$206/sqft |
Source: | ||
| 2/24/2004 | Sold | $68,845$127/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,001 +5% | $85,800 +32.8% |
| 2024 | $953 | $64,600 -10% |
| 2023 | -- | $71,800 +4.5% |
| 2022 | $916 +8.3% | $68,700 +9.9% |
| 2021 | $846 +3.7% | $62,500 +9.5% |
| 2020 | $816 +25.9% | $57,100 +38.6% |
| 2019 | $648 | $41,200 -35.2% |
| 2017 | $648 +8.7% | $63,600 +72.8% |
| 2016 | $596 | $36,800 +3.4% |
| 2015 | $596 +2.4% | $35,600 |
| 2014 | $582 +11.1% | $35,600 -1.1% |
| 2012 | $524 | $36,000 -40% |
| 2011 | -- | $60,000 -3.2% |
| 2010 | $544 -2.5% | $62,000 -1.9% |
| 2008 | $558 | $63,200 |
Find assessor info on the county website
Monthly payment
Est. payment





