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  • $218,900

    16 12th St NW, Rochester, MN 55901

    2beds
    1,340sqft
    Single Family
    Built in 1925
    4,399 Square Feet Lot
    $219,000 Zestimate®
    $163/sqft
    $1,443 Estimated rent

    Home value

    $219,000

    $206,000 - $234,000

    $1,443/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karl Rogers 507-884-6678,

    Dwell Realty Group LLC

    Bought with:

    Karen Lunzer

    RE/MAX Advantage Plus

    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: $163/sqft
    • Tax assessed value: $174,300
    • Annual tax amount: $2,060
    • Date on market: 5/3/2026
    • Cumulative days on market: 20 days

    Price history

    DateEventPrice
    6/22/2026Sold$218,900+1.9%$163/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7063355 Report a problem
    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

    Neighborhood: Lowertown

    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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    Estimated market value
    $219,000
    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
    $219,000