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
3,136sqft
Quadruplex
Built in 1909
-- sqft lot
$-- Zestimate®
$104/sqft
$2,218 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,218/mo
Zestimate® history
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Zillow last checked:
Listing updated:
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: 3,136
- Total interior livable area: 3,136 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 Square Feet
- Dimensions: 101 x 76
Details
- Foundation area: 960
- Parcel number: 743513015695
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Northern Add
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $337,100
- Annual tax amount: $3,278
- Date on market: 5/19/2023
- Cumulative days on market: 179 days
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $325,000-1.5%$104/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6373332 Report a problem | ||
| 11/14/2023 | Pending sale | $330,000$105/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 Report a problem | ||
| 7/25/2023 | Price change | $330,000-2.9%$105/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 Report a problem | ||
| 7/10/2023 | Price change | $340,000-2.9%$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 Report a problem | ||
| 5/19/2023 | Listed for sale | $350,000+40.1%$112/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6373332 Report a problem | ||
| 12/15/2017 | Sold | $249,900-3.8%$80/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5035124 Report a problem | ||
| 11/7/2017 | Pending sale | $259,900$83/sqft |
Source: Plaza Realty of Rochester, Inc. #4083714 Report a problem | ||
| 10/18/2017 | Listed for sale | $259,900$83/sqft |
Source: Plaza Realty of Rochester, Inc. #4083714 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,672 +18.5% | $337,100 |
| 2024 | $4,786 | $337,100 +7.7% |
| 2023 | -- | $312,900 +12.9% |
| 2022 | $3,278 +5.1% | $277,100 +41.3% |
| 2021 | $3,120 -4.2% | $196,100 +5% |
| 2020 | $3,256 +10.1% | $186,700 +9.3% |
| 2019 | $2,958 | $170,800 +2.1% |
| 2017 | $2,958 +0.3% | $167,300 |
| 2016 | $2,950 | $167,300 +10.7% |
| 2015 | $2,950 +7.8% | $151,100 +6.3% |
| 2014 | $2,736 +13% | $142,200 |
| 2012 | $2,422 | $142,200 -2.1% |
| 2011 | -- | $145,300 +122.9% |
| 2010 | $1,022 -6.1% | $65,200 -5.6% |
| 2008 | $1,088 | $69,100 |
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: 0.9 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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- Minnesota
- Olmsted County
- Rochester
- 55901
- Lowertown
- 721 2nd Ave NW
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