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For Sale:  Rochester MLS# 7080386

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$425,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1977
2,496 sqft • 0.191 acres
Rochester schools
MLS# 7080386
763-576-8286
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    Property Description

    First time ever offered for sale, this original-owner duplex presents a rare opportunity for both owner-occupants and investors alike. Built in 1977 and thoughtfully maintained through private ownership and management, the property reflects years of consistent care and pride of ownership. Each side-by-side unit offers approximately 1, 200 square feet, with private exterior entrances and a detached single-car garage space, creating a desirable setup for tenants seeking privacy and convenience. The functional floor plan features the living room, dining area, and kitchen on the upper level, while the lower level includes two bedrooms, a full bath, and in-unit laundry. Separately metered utilities allow tenants to pay all utilities directly, simplifying management and reducing owner expenses. Flexible current lease terms provide options for future occupancy or investment strategy. Conveniently located in the NW Crescent Park neighborhood, it is on the bus line. This property offers strong rental appeal and long-term potential, with a proven layout that continues to attract reliable tenants.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $425,000
    Price per sq ft: $170
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 2
    County: Olmsted
    Year Built: 1977
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55901
    Subdivision Name: Crescent Park 10th

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,496 ft2
    Living Area: 2,496 ft2
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 1,280 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material: Frame
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • In Unit
    • Laundry Closet
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.191
    Geolocation: 44.054722, -92.488443
    Lot Dimensions: 110 x 76
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Elton Hills
    Middle School: John Adams
    High School: John Marshall

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,310
    Annual Maintenance Expense: $2,400
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,172
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,172

    Income

    Annual Gross Income: $22,200

    Rent

    Annual Net Income: $17,490

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Rochester Public Utilities

    Mortgage Calculator

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    Payment:  /mo

    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 WightmanBrock Real Estate Advi.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.