Add to your investment portfolio with this 4plex just outside of downtown! Solid rental history and well-maintained. Coin-op laundry on site. Garage for additional potential rental income. Ample off street parking. Desirable unit layouts with a 2 bedroom unit on the main floor + 3x 1 bedroom units on the 2nd and 3rd floors.
Closed
$325,000
721 2nd Ave NW, Rochester, MN 55901
5beds
4baths
3,898sqft
Quadruplex
Built in 1909
-- sqft lot
$-- Zestimate®
$83/sqft
$2,307 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,307/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 02, 2025 at 10:12pm
Listed by:
Jonathan Espy 507-273-2261,
Infinity Real Estate
Bought with:
Yeimy L. Reintanz
Re/Max Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6373332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Partial
Interior area
- Total structure area: 3,898
- Total interior livable area: 3,898 sqft
- Finished area above ground: 3,136
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 7,840 sqft
- Dimensions: 101 x 76
Details
- Foundation area: 960
- Parcel number: 743513015695
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
Condition
- Age of Property: 116
- New construction: No
- Year built: 1909
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Rochester
- Subdivision: Northern Add
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $325,000-1.5%$83/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6373332 | ||
| 11/14/2023 | Pending sale | $330,000$85/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 | ||
| 7/25/2023 | Price change | $330,000-2.9%$85/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 | ||
| 7/10/2023 | Price change | $340,000-2.9%$87/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 | ||
| 5/19/2023 | Listed for sale | $350,000+40.1%$90/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,786 | $337,100 +7.7% |
| 2023 | -- | $312,900 +12.9% |
| 2022 | $3,278 +5.1% | $277,100 +41.3% |
Find assessor info on the county website
Neighborhood: Lowertown
Nearby schools
GreatSchools rating
- 3/10Elton Hills Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10John Marshall Senior High SchoolGrades: 8-12Distance: 0.9 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 2 mi
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