2920 18 Avenue NW Rochester, MN $ 384,000
2920 18 Avenue NW
$ 384,000
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2920 18 Avenue NW

Rochester, MN, 55901
$ 384,000
Bedrooms2 Baths1.0 Sq 2,496

Monthly Estimate*

$ 2,652

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Multi-Family Home for sale in Rochester, MN

for $384,000 with 2 bedrooms and 1 full bath. This 2,496 square foot home was built in 1977 on a lot size of 0.191.

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.

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Multi-Family Active

Price

$ 384,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 5,172

Style

Duplex Side by Side

Lot Size

0.191

Year Built

1977

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

7080386

Features
General
Living Area 2496
Sewer City Sewer/Connected
Heating Baseboard Boiler
Roof Age Over 8 Years Asphalt
Garage Spaces 2
Construction Materials Frame
Year Built 1977
Electric 100 Amp Service
Tenant Pays All Utilities
Levels Split Entry (Bi-Level)
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 22200
Accessibility None
County Olmsted
Net Operating Income 17490
Operating Expense 4710
Insurance Expense 2310
New Construction N
Property Type Residential Income
Association Amenities None
Contingency None
MaintenanceExpense 2400
Subdivision Name Crescent Park 10th
Directions Hwy 52. Take 37th St exit EAST. Right on 18th Ave NW. Duplex is on the left.
High School John Marshall
City Rochester
High School District Rochester
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Elementary School Elton Hills
Land Lease Y/N N
Tax Annual Amount 5172
Electric Expense 0
Fuel Expense 0
Middle/Junior High School John Adams
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Daylight/Lookout Windows Finished Full
Basement (Y/N) Y
Above Grade Finished Area 1280
Laundry Features Electric Dryer Hookup Laundry Closet In Unit Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 1216
Total Baths 2
Fuel Natural Gas
Garage Square Feet 440
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Exterior
Fencing None
Parking Features Detached Garage Concrete
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.191
Building Area Total 2560
Lot Dimensions 110x76
Waterfront Y/N N
Foundation Area 1280
Road Frontage Type City Street Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2920
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* Excluded Features
List By
Wightmanbrock Real Estate Advi

Broker

ron@wightmanbrock.com

Email

Affordability Calculator

$3,083
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3065247 Elementary School
3065241 Middle School
John Marshall High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$384,000 -3.76% Price Down
6/25/2026$399,000 -6.12% Price Down
5/28/2026$425,000 Listed Price

Map


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2920 18 Avenue NW, Rochester, MN, 55901 is a Multi-Family Home for sale at $384,000 with 2,496 sqft and a lot size of 0.191. 2920 18 Avenue NW has 2 bedrooms, 1.0 baths, and was built in 1977. The property's zip code is 55901 which is in Rochester, MN