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403 8 1/2 Avenue NW Rochester, MN $ 369,000
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$ 369,000 Get more info
403 8 1/2 Avenue NW
$ 369,000
Back to search
Share Save

403 8 1/2 Avenue NW

Rochester, MN, 55901
$ 369,000
Bedrooms5 Baths2.0 Sq 2,250

Monthly Estimate*

$ 2,549

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Multi-Family Home for sale in Rochester, MN

for $369,000 with 5 bedrooms and 2 full baths. This 2,250 square foot home was built in 1968 on a lot size of 0.12.

Location excels in this duplex income producing property. Upper level - 3 bedrooms, full bath, spacious living room with wood plank floors, dining room, kitchen and wrap around deck. Lower level features - 2 bedrooms, full bath, new flooring, plank flooring, patio, drain tiled and sump pump. Each unit has separate utility meters for electric. Community laundry area in lower level, tenants share usage. Roof 4 years old. Owner pays gas and rubbish.

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Multi-Family Active

Price

$ 369,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,458

Style

Duplex Up and Down

Lot Size

0.12

Year Built

1968

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

7072069
Features
General
Living Area 2250
Sewer City Sewer/Connected
Heating Baseboard Boiler Hot Water
Roof Age 8 Years or Less Asphalt
Garage Spaces 2
Construction Materials Frame
Year Built 1968
Electric Circuit Breakers
Tenant Pays Cable TV Electricity Sewer Water
Topography Level
Levels Split Entry (Bi-Level)
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 30800
Accessibility None
County Olmsted
Net Operating Income 22377
Operating Expense 7923
Insurance Expense 1851
New Construction N
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 1500
Subdivision Name Kreters Rep
Directions Heading east from Hwy 52 onto Civic Center Dr NW head south (right) on 9th Ave NW to 8 1/2 Ave NW property is on the corner of 8 1/2 Ave and 9th Ave NW.
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 Harriet Bishop
Land Lease Y/N N
Tax Annual Amount 5458
Electric Expense 0
Fuel Expense 1000
Middle/Junior High School John Adams
Trash Expense 360
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Daylight/Lookout Windows Finished Full Sump Basket Sump Pump
Basement (Y/N) Y
Above Grade Finished Area 1146
Laundry Features Common Area Gas Dryer Hookup Lower Level Laundry Room Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 1104
Total Baths 2
Fuel Natural Gas
Garage Square Feet 528
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Exterior
Fencing Partial Privacy
Parking Features Detached Garage Concrete Garage Door Opener
Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Light Underground Utilities
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 2252
Lot Dimensions 60x90
Waterfront Y/N N
Foundation Area 1146
Road Frontage Type City Street Curbs Paved Streets
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Edina Realty Rochester

Broker

anndoring-archer@edinarealty.com

Email

Affordability Calculator

$3,003
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,549
Monthly Property Taxes
$455
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
3065228 Elementary School
3065241 Middle School
John Marshall High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2026$369,000 -1.60% Price Down
9/17/2026$375,000 Listed Price

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403 8 1/2 Avenue NW, Rochester, MN, 55901 is a Multi-Family Home for sale at $369,000 with 2,250 sqft and a lot size of 0.12. 403 8 1/2 Avenue NW has 5 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 55901 which is in Rochester, MN

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