1502 3rd Avenue Nw, Rochester, MN 55901

Local realty services provided by:ERA Gillespie Real Estate
1502 3rd Avenue Nw,Rochester, MN 55901
$240,000
  • - Beds
  • - Baths
  • 1,894 sq. ft.
  • Multi-family
  • Pending
Listed by: brian rossow
Office: property brokers of minnesota
MLS#:6796468
Source:NSMLS

Price summary

  • Price:$240,000
  • Price per sq. ft.:$84.81

About this home

Well-Maintained, Fully Occupied with great tenants, Duplex in a Prime Rochester Location! Rare opportunity to own a meticulously cared-for duplex with a strong rental history, ideally situated next to Rochester’s walking trails and just minutes from downtown. Enjoy a peaceful, private setting bordered by city-owned land on two sides and the Zumbro River nearby. The main-floor unit features updated flooring and modernized kitchen cabinets and countertops. The upper-level unit includes a brand new bathroom (2025) and updated flooring throughout. Additional building improvements include newer vinyl windows and exterior doors, plus a newly rebuilt exterior staircase to the second level (Spring 2025). Tenants appreciate the convenience of a shared coin-operated laundry and extra storage space located in the clean, basement. Whether you're expanding your portfolio or looking for an owner-occupant opportunity, this property delivers long-term value in a highly desirable location!

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Home facts

  • Year built:1926
  • Listing ID #:6796468
  • Added:46 day(s) ago
  • Updated:November 15, 2025 at 09:25 AM

Rooms and interior

  • Living area:1,894 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1926
  • Building area:1,894 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:John Marshall
  • Middle school:John Adams
  • Elementary school:Elton Hills

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$240,000
  • Price per sq. ft.:$84.81
  • Tax amount:$2,358 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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