1502 3rd AVE NW Rochester, MN 55901
1,894 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Pending
Purchase Type For Sale
Square Footage 1,894 sqft
Price per Sqft $126
Subdivision Mill Reservation Sub
MLS Listing ID 6796468
Year Built 1926
Annual Tax Amount $2,358
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50 x120
Property Sub-Type Duplex Up and Down
Property Description
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!
Location
State MN
County Olmsted
Zoning Residential-Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Gravel, Concrete
Roof Type Asphalt
Building
Story One and One Half
Foundation 936
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Cedar,Stucco
New Construction false
Schools
Elementary Schools Elton Hills
Middle Schools John Adams
High Schools John Marshall
School District Rochester