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Pending
  • Price cut: $5K (5/14)
    $214,900

    16 12th St NW, Rochester, MN 55901

    2beds
    1,340sqft
    : 
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    Single Family
    Built in 1925
    4,399 Square Feet Lot
    $-- Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Fully furnishedMove-in ready home
    Turnkey investment opportunity in the heart of Rochester! Welcome to 16 12th St NW—one of the city’s top-rated Airbnb properties, offering a rare blend of immediate income potential and flexible living options. Whether you're looking for a fully furnished, hands-off short-term rental or a move-in ready home for owner occupancy, this property delivers. The home comes with all furniture shown in listing photos. With an average monthly Airbnb income of approximately $2,150 and average expenses around $2,000, this is an excellent opportunity for investors seeking a proven, operational asset. The home’s prime location—just blocks from downtown and Rochester’s trail system—adds to its consistent guest appeal. Looking ahead, the upside is just as exciting. The backyard is approved for a future accessory dwelling unit (ADU) or mother-in-law suite, opening the door for additional income or multi-generational living. Inside, the basement is already plumbed for a second bathroom, making future expansion even more seamless. Whether you're expanding your investment portfolio or stepping into homeownership with income potential, this property is ready to perform from day one.
    40 days
    |
    487
    |
    27
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Karl Rogers 507-884-6678,

    Dwell Realty Group LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7063355MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bathroom
      • Description: Main Floor Full Bath
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Water Heater, Range, Refrigerator, Water Softener Owned
      • Laundry: In Basement
      Features
      • Basement: Block
      • Has fireplace: No
      Interior area
      • Total structure area: 1,340
      • Total interior livable area: 1,340 sqft
      • Finished area above ground: 692
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 4,399 Square Feet
      • Dimensions: 35 x 125
      Details
      • Foundation area: 648
      • Parcel number: 743511015931
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years,Metal
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Northern Add
      HOA
      • Has HOA: No
      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $174,300
      • Annual tax amount: $2,060
      • Date on market: 5/3/2026
      • Cumulative days on market: 41 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/22/2026Pending sale$214,900$160/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7063355 Report a problem
        5/14/2026Price change$214,900-2.3%$160/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7063355 Report a problem
        5/3/2026Listed for sale$219,900+18.9%$164/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7063355 Report a problem
        3/13/2023Sold$185,000-1.3%$138/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6331185 Report a problem
        2/16/2023Pending sale$187,500$140/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6331185 Report a problem
        2/9/2023Listed for sale$187,500$140/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6331185 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,910 +25.3%$143,400 +9.7%
        2024$1,524 $130,700 +11.2%
        2023-- $117,500 -12.2%
        2022$1,626 -1.5%$133,900 +13.3%
        2021$1,650 +2.6%$118,200 -1.3%
        2020$1,608 +12.4%$119,800 +19.8%
        2019$1,430 $100,000 +9.4%
        2017$1,430 +26.8%$91,400 +18.2%
        2016$1,128 $77,300 +8.4%
        2015$1,128 +6%$71,300 -0.8%
        2014$1,064 +6%$71,900 -1.5%
        2012$1,004 $73,000 +4.7%
        2011-- $69,700 -2.5%
        2010$914 -0.2%$71,500
        2008$916 $71,500

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Lowertown

          Getting around

          80 / 100
          Very Walkable
          92 / 100
          Biker's Paradise

          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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