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    • $153,260

    603 23rd Ave SW, Rochester, MN 55902

    4beds
    2baths
    1,638sqft
    Duplex Up and Down
    Built in 1900
    -- sqft lot
    $153,300 Zestimate®
    $94/sqft
    $1,402 Estimated rent

    Home value

    $153,300

    $144,000 - $164,000

    $1,402/mo

    Zestimate® history
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    $992/mo

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    $992/mo

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    What's special

    Licensed duplexTwo separate unitsNew appliancesCentral air conditioning
    Fantastic investment opportunity in a convenient southwest Rochester location just minutes from Mayo Clinic, shopping, dining, and major roadways. This licensed duplex (renewal in progress) offers strong rental potential for both owner-occupants and investors alike. This property features two separate units with central air conditioning and new appliances, providing excellent income-producing possibilities or flexible living arrangements. Ideal for long-term rentals, traveling professionals, or housed-hacking opportunities. Extensive repairs and improvements have recently been completed, with additional updates currently in progress, offering buyers added value and continued property Don't miss your chance to own a multi-family property in a highly desirable rental market with consistent demand.

    Zillow last checked:

    Listing updated:

    Listed by:

    James John Clark 507-259-2283,

    Keller Williams Premier Realty,

    Hailey Johnson 507-316-7955

    Bought with:

    Brycen Nicholas Gregor

    Worth Clark Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7049727MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement, Common Area
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,276
    • Total interior livable area: 1,638 sqft
    • Finished area above ground: 1,638
    • Finished area below ground: 0

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Covered, Porch
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 4,748 Square Feet
    • Dimensions: 132 x 91
    • Features: Near Public Transit, Tree Coverage - Medium
    • Topography: Rolling
    Details
    • Foundation area: 819
    • Parcel number: 640414042631
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Frame
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, 150 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Hillcrest Sub
    HOA
    • Amenities included: Laundry, Deck, Porch
    Location
    • Region: Rochester

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $220,800
    • Annual tax amount: $3,740
    • Date on market: 4/6/2026
    • Cumulative days on market: 99 days
    • Tenant pays: Cable TV, Trash Collection
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/18/2026Sold$153,260-38.6%$94/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    7/29/2026Pending sale$249,500$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    7/24/2026Listed for sale$249,500$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    7/13/2026Listing removed$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    7/9/2026Pending sale$249,500$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    6/10/2026Listed for rent$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    5/28/2026Price change$249,500-9.3%$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    4/24/2026Price change$275,000-8.3%$168/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    4/6/2026Listed for sale$300,000+614.3%$183/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
    8/1/2003Sold$42,000$26/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,585 +10%$220,800 +3.7%
    2024$3,258 $213,000
    2023-- $213,000 +6.8%
    2022$2,408 -0.4%$199,500 +38.4%
    2021$2,418 -1.2%$144,100 -0.4%
    2020$2,448 +8.7%$144,700 +11.2%
    2019$2,252 $130,100 +11.7%
    2017$2,252 +24.3%$116,500 +13.4%
    2016$1,812 $102,700 -9.4%
    2015$1,812 -11.7%$113,300 +2.7%
    2014$2,052 +11.2%$110,300 +1.7%
    2012$1,846 $108,500
    2011-- $108,500 -2.6%
    2010$1,748 -0.3%$111,400
    2008$1,754 $111,400
    Find assessor info on the county website

    Neighborhood: 55902

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Folwell
    • Middle: John Adams
    • High: Mayo

    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
    $153,300
    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
    $153,300

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