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  • $230,000

    537 3rd Ave NW, Rochester, MN 55901

    2beds
    1,017sqft
    Single Family
    Built in 1875
    3,092 Square Feet Lot
    $230,100 Zestimate®
    $226/sqft
    $1,527 Estimated rent

    Home value

    $230,100

    $219,000 - $242,000

    $1,527/mo

    Zestimate® history
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    What's special

    Walking distance to Mayo Clinic! Recently renovated, pre-inspected, and truly move-in ready, this Lowertown Rochester home offers 2 bedrooms and 2 full bathrooms, with a full bathroom for each bedroom. The main floor features an eat-in kitchen, bedroom, full bath, and laundry, allowing for convenient everyday living with no need to go up or down stairs. What truly sets this home apart is the private second-floor bedroom suite, complete with its own full bathroom and generous closet space. Recent updates include a NEW roof in 2026, updated mechanicals, fresh paint and flooring throughout, plus newer siding and gutters. Enjoy a large one-car garage and ample driveway parking. Conveniently located near downtown Rochester, restaurants, shopping, parks, trails, and Mayo Clinic. An up-to-date Renter's Certificate also provides added flexibility and makes this an appealing potential investment opportunity. A low-maintenance, updated home in a highly convenient location, ready for its next owner!

    Zillow last checked:

    Listing updated:

    Listed by:

    Pete Dokken 507-251-4151,

    Real Broker, LLC.

    Bought with:

    Carrie Klassen

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7126688MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 2
    • Level: Upper
    • Area: 88 Square Feet
    • Dimensions: 11x8
    Bathroom
    • Level: Main
    Bathroom
    • Level: Upper
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Living room
    • Level: Main
    • Area: 324 Square Feet
    • Dimensions: 27x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
    Features
    • Basement: Other,Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,017
    • Total interior livable area: 1,017 sqft
    • Finished area above ground: 1,017
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage, Concrete, Garage Door Opener
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Fencing: None
    Lot
    • Size: 3,092 Square Feet
    • Dimensions: 45 x 70
    • Features: Corner Lot
    Details
    • Foundation area: 756
    • Parcel number: 743513015662
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame, Stone
    • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
    Condition
    • New construction: No
    • Year built: 1875

    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
    HOA
    • Has HOA: No
    Location
    • Region: Rochester

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $165,500
    • Annual tax amount: $2,288
    • Date on market: 8/24/2026
    • Cumulative days on market: 8 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/29/2026Sold$230,000+0%$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7126688 Report a problem
    9/4/2026Pending sale$229,900$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7126688 Report a problem
    8/27/2026Listed for sale$229,900+76.8%$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7126688 Report a problem
    8/18/2025Listing removed$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    8/11/2025Price change$1,350-3.6%$1/sqft
    Source: Zillow Rentals Report a problem
    8/5/2025Price change$1,400-6.4%$1/sqft
    Source: Zillow Rentals Report a problem
    7/9/2025Price change$1,495-5.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/16/2025Price change$1,575-4.5%$2/sqft
    Source: Zillow Rentals Report a problem
    5/7/2025Price change$1,650-8.3%$2/sqft
    Source: Zillow Rentals Report a problem
    4/3/2025Listed for rent$1,800+29%$2/sqft
    Source: Zillow Rentals Report a problem
    4/2/2020Listing removed$1,395$1/sqft
    Source: Infinity Real Estate & Management Group Report a problem
    3/18/2020Listed for rent$1,395+40.2%$1/sqft
    Source: Infinity Real Estate & Management Group Report a problem
    12/12/2019Listing removed$995$1/sqft
    Source: Infinity Real Estate & Management Group Report a problem
    11/27/2019Listed for rent$995$1/sqft
    Source: Infinity Real Estate & Management Group Report a problem
    10/21/2019Sold$130,000$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5316778 Report a problem
    10/2/2019Pending sale$130,000$128/sqft
    Source: RE/MAX Results - Rochester #5316778 Report a problem
    10/2/2019Listed for sale$130,000$128/sqft
    Source: RE/MAX Results - Rochester #5316778 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,984 +6%$165,500 +16.6%
    2024$1,872 $141,900 -4.6%
    2023-- $148,700 +6.3%
    2022$1,708 +0.8%$139,900 +12.6%
    2021$1,694 +25.9%$124,200 +1%
    2020$1,346 +6.7%$123,000 +46.1%
    2019$1,262 $84,200 -18.6%
    2017$1,262 +23.2%$103,400 +57.9%
    2016$1,024 $65,500 +11.6%
    2015$1,024 +9.2%$58,700
    2014$938 +13.6%$58,700 +2.1%
    2012$826 $57,500 -31.1%
    2011-- $83,500 -2.6%
    2010$800 +17.3%$85,700 +11.4%
    2008$682 $76,900
    Find assessor info on the county website

    Neighborhood: Lowertown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harriet Bishop
    • 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
    $230,100
    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
    $230,100