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Off market
  • $262,100

    207 5th Ave SW APT 205, Rochester, MN 55902

    3beds
    1,500sqft
    Apartment
    Built in ----
    -- sqft lot
    $262,100 Zestimate®
    $175/sqft
    $2,015 Estimated rent

    Home value

    $262,100

    $233,000 - $291,000

    $2,015/mo

    Zestimate® history
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    What's special

    Indoor heated poolWarm hardwood floors

    For a 12-month lease, a concession equal to one full month's rent will be applied to the 12th month of the lease term. This fabulous 3-bedroom, 2-bath condo, tucked into the heart of downtown Rochester, offers a blend of comfort, convenience, and city living that's hard to match. Perched on the second floor, the home welcomes you with warm hardwood floors that stretch across a spacious living area, perfect for both relaxing evenings and hosting friends. The kitchen, outfitted with sleek granite countertops, flows naturally into the main living space, creating a layout that feels open yet cozy. Each bedroom offers generous space and natural light, making it easy to settle in and feel at home. Whether you're working remotely, sharing the space, or simply enjoying extra room, the layout adapts to a variety of lifestyles. Beyond your front door, this location is elevated by thoughtful amenities, including an indoor heated pool, library, on-site fitness center, laundry facilities, bike storage, and the convenience of one included underground heated garage parking spaceespecially valuable for Minnesota winters. Step outside, and you're just off 2nd Street, within easy walking distance of Mayo Clinic and the vibrant downtown scene. While the area is currently experiencing improvements as part of a major corridor project, this is a temporary chapter in the neighborhood's story. The ongoing road construction along 2nd Street is expected to wrap up in the winter of 20262027, with full corridor completion anticipated by late 2026 alongside the launch of a new transit system. Once finished, the upgrades are set to bring smoother travel, improved accessibility, and an even more connected downtown experience. Potential families will appreciate the proximity to local schools, including Folwell Elementary, Friedell Middle School, and Mayo Senior High School, all just a short distance away. Residents pay all utilities, plus a $10 monthly technology fee and a $10.50 landlord liability insurance fee. Renter's insurance is required. Applicants must have a credit score of at least 601+, earn 2.5x the monthly rent, and provide two positive rental references. The application fee is $55 per adult. Offered by Realty Growth Management, a Minnesota licensed real estate firm, this home is more than just a place to liveit's an opportunity to be part of a growing and evolving downtown Rochester community.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Microwave Oven
    • Laundry: Shared
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: On Street
    • Details: Contact manager
    Features
    • Exterior features: Close to Mayo Clinic, Close to Restaurants, Close to Shopping, Downtown Location, Mailroom, Oven/Stove, Refridgerator, Secured Building
    • Pool features: Pool
    Details
    • Additional structures: Garage(s)
    • Parcel number: 640221009297

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Features: Fitness Center, Pool
    • Deposit fee: $2,100
    HOA
    • Amenities included: Fitness Center, Indoor Pool, Laundry, Parking, Pool
    Location
    • Region: Rochester

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $151,400
    • Annual tax amount: $2,130
    • Date on market: 8/17/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/19/2026Listing removed$2,100$1/sqft
    Source: Zillow Rentals Report a problem
    3/6/2026Listed for rent$2,100+10.5%$1/sqft
    Source: Zillow Rentals Report a problem
    1/12/2026Listing removed$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    11/25/2025Price change$1,900-5%$1/sqft
    Source: Zillow Rentals Report a problem
    11/14/2025Price change$2,000-11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    8/7/2025Price change$2,250-16.7%$2/sqft
    Source: Zillow Rentals Report a problem
    6/26/2025Listed for rent$2,700+35%$2/sqft
    Source: Zillow Rentals Report a problem
    5/20/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/17/2022Listed for rent$2,000+43.4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/20/2018Listing removed$1,395$1/sqft
    Source: Matik Management Report a problem
    7/5/2018Price change$1,395-3.8%$1/sqft
    Source: Matik Management Report a problem
    6/22/2018Price change$1,450-9.4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/30/2018Price change$1,600-11.1%$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/3/2018Listed for rent$1,800$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,130 -41.9%$151,400 -0.7%
    2024$3,664 $152,400 -47.6%
    2023-- $291,000 +0.5%
    2022$3,734 +12.7%$289,500 +6.6%
    2021$3,312 +10.5%$271,500 +12.9%
    2020$2,998 +21.1%$240,400 +38.8%
    2019$2,476 $173,200 +16.2%
    2017$2,476 +45.8%$149,100 +32.8%
    2016$1,698 $112,300 -1.7%
    2015$1,698 +93.2%$114,300 +2.1%
    2014$879 +5%$111,900 -6.7%
    2012$837 $119,900 -17.3%
    2011-- $144,900 -2.4%
    2010$1,658 -2.8%$148,500 -2%
    2008$1,706 $151,600
    Find assessor info on the county website

    Neighborhood: Historic Southwest

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $262,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $262,100