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Active with contingency
  • Price cut: $30.1K (7/28)
    $194,900

    709 Rochelle Ave S, Lanesboro, MN 55949

    6beds
    4baths
    3,528sqft
    : 
    Quadruplex
    Built in 1946
    -- sqft lot
    $190,400 Zestimate®
    $55/sqft
    $-- HOA

    What's special

    Newer lower-level unit
    Turnkey Fourplex in Historic Lanesboro – Investment Opportunity. Don’t miss this fully occupied, turnkey fourplex located in the heart of historic Lanesboro, just steps from downtown shopping, dining, entertainment, and the scenic Root River Trail. This well-maintained property features a newer lower-level unit, separate electric meters for each unit, and strong rental history. Ideal for the owner-occupant or savvy investor looking to expand their portfolio in a sought-after area with excellent growth potential. Pictures include two out of the four apartments only.
    57 days
    on Zillow
    |
    470
    |
    18
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 07:03pm

    Listed by:

    Tim Danielson 507-259-9110,

    Elcor Realty of Rochester Inc.,

    Jennifer Danielson 507-273-1875

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6739466MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Forced Air
    Features
    • Basement: Block,Egress Window(s),Finished,Full
    Interior area
    • Total structure area: 3,528
    • Total interior livable area: 3,528 sqft
    • Finished area above ground: 2,264
    • Finished area below ground: 588

    Property

    Parking
    • Parking features: Gravel
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Enclosed, Rear Porch
    Lot
    • Size: 0.28 Acres
    • Dimensions: 87 x 140
    Details
    • Foundation area: 1264
    • Parcel number: 190347020

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Slate, Block
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • Age of Property: 79
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Lanesboro First Add
    HOA
    • Amenities included: Laundry
    Location
    • Region: Lanesboro

    Financial & listing details

    • Price per square foot: $55/sqft
    • Tax assessed value: $174,900
    • Annual tax amount: $3,488
    • Date on market: 6/16/2025
    • Tenant pays: Electricity, Sewer, Trash Collection
    • Road surface type: Paved
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