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Active NEW!
$330,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1955
1,838 sqft • 0.172 acres
Rochester schools
MLS# 7157539
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    Property Description

    Fantastic investment opportunity in Northwest Rochester! Conveniently located near downtown, this well-maintained duplex offers two separate living units and an impressive list of updates! The spacious main-level unit features 3 bedrooms and 1 bathroom, while the lower-level unit offers 1 bedroom and 1 bathroom, with shared laundry facilities. Numerous improvements include new doors, windows, and siding in 2008, basement egress windows in 2010, furnace and central air in 2013, and extensive updates in 2022, including electrical, updated bathrooms, main-level kitchen cabinets, flooring, and a 14x14 concrete patio. Brand-new carpeting throughout in October 2026 adds a fresh finishing touch! An exceptional bonus is the off-street parking with room for up to 8 vehicles! Whether you're looking to expand your investment portfolio or explore owner-occupancy opportunities, this property offers flexibility, convenience, and plenty to love. Don't miss this opportunity!

    Listing

    Contingency: None
    Price per sq ft: $180
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55901
    Subdivision Name: Goodings Add

    Interior

    Living Area: 1,838 ft2
    Basement Details:
    • Finished
    • Full
    • Single Tenant Access

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 528 ft2
    Foundation Size: 912 ft2
    Foundation Dimensions: 912
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Road Frontage: City Street
    Roof Details: Asphalt

    Rooms

    Laundry: Common Area

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.172
    Geolocation: 44.0324574386, -92.4809577116
    Lot Dimensions: Irreg
    Zoning: Residential-Multi-Family

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Harriet Bishop
    Middle School: John Adams
    High School: John Marshall

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,680
    Annual Fuel Expense: $860
    Annual Insurance Expense: $2,200
    Annual Maintenance Expense: $500
    Annual Trash Expense: $249
    Annual Water/Sewer Expense: $360

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,464
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,464

    Income

    Annual Gross Income: $25,200

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty Rochester.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.