Don’t miss this unique chance to own an income-producing duplex just blocks from Downtown Rochester and the world-renowned Mayo Clinic. Located in the vibrant Lowertown neighborhood, this property features two units—one with a long-term lease in place and the other operating as a successful Airbnb, offering strong cash flow potential from day one.
In addition to the duplex, the property features a detached two-car garage currently utilized as shop space by a local business, generating additional rental income. With solid tenants, a prime location, and flexible rental options, this is an ideal opportunity for investors or owner-occupants looking to offset expenses.
Whether you’re looking for a smart addition to your portfolio or a hybrid investment/live-in property, 24 10th St NW checks all the boxes: walkability, income diversity, and long-term growth potential Rochester’s fast emerging Lowertown neighborhood.
Closed
$291,100
24 10th St NW, Rochester, MN 55901
4beds
2baths
2,360sqft
Multi Family
Built in 1923
-- sqft lot
$289,800 Zestimate®
$123/sqft
$1,553 Estimated rent
Home value
$289,800
$258,000 - $322,000
$1,553/mo
Zestimate® history
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$1,553/mo
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$1,553/mo
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$1,819/mo
Est. payment
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$1,819/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Matt Gove 507-951-1147,
Realty Growth Inc.,
Dylan Carty 507-272-8049
Bought with:
Kara Gyarmaty
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6737117
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Basement: Egress Window(s),Partially Finished,Single Tenant Access
Interior area
- Total structure area: 2,360
- Total interior livable area: 2,360 sqft
- Finished area above ground: 1,580
- Finished area below ground: 780
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete, Shared Driveway, Unassigned
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (30x28), Garage Door Height (8), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 6,229 Square Feet
- Dimensions: 51 x 126
Details
- Foundation area: 780
- Parcel number: 743512015880
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Rochester Public Utilities
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Northern Add
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $256,600
- Annual tax amount: $3,944
- Date on market: 6/19/2025
- Cumulative days on market: 75 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2025 | Sold | $291,100+0.4%$123/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6737117 Report a problem | ||
| 9/2/2025 | Pending sale | $290,000$123/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737117 Report a problem | ||
| 6/19/2025 | Listed for sale | $290,000+222.2%$123/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737117 Report a problem | ||
| 8/14/2009 | Sold | $90,000$38/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1680725 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,944 +3.3% | $256,600 +9.5% |
| 2024 | $3,818 | $234,300 -6.1% |
| 2023 | -- | $249,500 +8.6% |
| 2022 | $2,534 +12.4% | $229,700 +26.6% |
| 2021 | $2,254 +3.4% | $181,500 +13% |
| 2020 | $2,180 +9.2% | $160,600 +18% |
| 2019 | $1,996 | $136,100 -8.8% |
| 2017 | $1,996 +47.6% | $149,300 +69.1% |
| 2016 | $1,352 | $88,300 +2.1% |
| 2015 | $1,352 +0.3% | $86,500 |
| 2014 | $1,348 +13.7% | $86,500 -22% |
| 2012 | $1,186 | $110,900 +1.6% |
| 2011 | -- | $109,100 +12.4% |
| 2010 | $1,522 -0.5% | $97,100 -0.1% |
| 2008 | $1,530 | $97,200 |
Find assessor info on the county website
Neighborhood: Lowertown
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Nearby schools
GreatSchools rating
- 3/10Elton Hills Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10John Marshall Senior High SchoolGrades: 9-12Distance: 1 mi
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
$289,800
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
$289,800
- Minnesota
- Olmsted County
- Rochester
- 55901
- Lowertown
- 24 10th St NW
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