Multiple opportunities await in this highly desirable area in NE Rochester that is rapidly expanding around this property. This unique opportunity offers a 5,336 square foot and recently renovatedcommercial building that offers two separate gathering areas, 2 kitchens with 102 parking spaces and 5+ acres of land surrounding you that you can enjoy, parcel off and sell or redevelop for additional income. Call for additional information or to set up showings!
Sold for $1,100,000
$1,100,000
1925 48th St NE, Rochester, MN 55906
--beds
0baths
5,712sqft
SingleFamily
Built in 1990
5.46 Acres Lot
$1,104,300 Zestimate®
$193/sqft
$3,060 Estimated rent
Home value
$1,104,300
$1.02M - $1.20M
$3,060/mo
Zestimate® history
Owner options
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$3,060/mo
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$3,060/mo
Rent Zestimate®
Refinance and save
$5,640/mo
Est. payment
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$5,640/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Interior area
- Total interior livable area: 5,712 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 5.46 Acres
Details
- Parcel number: 731823080242
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Wood
- Roof: Composition
Condition
- Year built: 1990
Community & HOA
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $665,600
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $1,100,000+61.5%$193/sqft |
Source: Public Record Report a problem | ||
| 10/18/2023 | Sold | $681,251-9.2%$119/sqft |
Source: Public Record Report a problem | ||
| 11/23/2021 | Sold | $750,000+0%$131/sqft |
Source: Public Record Report a problem | ||
| 5/4/2020 | Listing removed | $749,900$131/sqft |
Source: RE/MAX Results #5507036 Report a problem | ||
| 4/28/2020 | Listed for sale | $749,900$131/sqft |
Source: RE/MAX Results #5507036 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $665,600 |
| 2024 | $17,790 | $665,600 |
| 2023 | -- | $665,600 |
| 2022 | $12,162 +0.4% | $665,600 +57.7% |
| 2021 | $12,108 -4.9% | $422,000 |
| 2020 | $12,732 -0.9% | $422,000 |
| 2019 | $12,852 | $422,000 +9.6% |
| 2017 | $12,852 -25.6% | $385,200 |
| 2016 | $17,278 | $385,200 |
| 2015 | $17,278 +6.7% | $385,200 -8.4% |
| 2014 | $16,200 +8.4% | $420,700 +1.3% |
| 2012 | $14,950 | $415,400 |
Find assessor info on the county website
Neighborhood: 55906
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Nearby schools
GreatSchools rating
- 4/10Gage Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 3/10Dakota Middle SchoolGrades: 6-8Distance: 5.5 mi
- 8/10Century Senior High SchoolGrades: 9-12Distance: 1.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,104,300
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
$1,104,300
- Minnesota
- Olmsted County
- Rochester
- 55906
- 1925 48th St NE
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