Back to search
306 7th Street NW Rochester, MN $ 339,000
Share Save
$ 339,000 Get more info
306 7th Street NW
$ 339,000
Back to search
Recently Listed
Share Save

306 7th Street NW

Rochester, MN, 55901
$ 339,000
Bedrooms4 Baths3.0 Sq 2,016

Monthly Estimate*

$ 2,341

306 7th Street NW, Rochester, MN 55901 - Image 1
306 7th Street NW, Rochester, MN 55901 - Image 2
306 7th Street NW, Rochester, MN 55901 - Image 3
306 7th Street NW, Rochester, MN 55901 - Image 4
306 7th Street NW, Rochester, MN 55901 - Image 5
306 7th Street NW, Rochester, MN 55901 - Image 6
306 7th Street NW, Rochester, MN 55901 - Image 7
306 7th Street NW, Rochester, MN 55901 - Image 8
306 7th Street NW, Rochester, MN 55901 - Image 9
306 7th Street NW, Rochester, MN 55901 - Image 10
306 7th Street NW, Rochester, MN 55901 - Image 11
306 7th Street NW, Rochester, MN 55901 - Image 12
306 7th Street NW, Rochester, MN 55901 - Image 13
306 7th Street NW, Rochester, MN 55901 - Image 14
306 7th Street NW, Rochester, MN 55901 - Image 15
306 7th Street NW, Rochester, MN 55901 - Image 16
306 7th Street NW, Rochester, MN 55901 - Image 17
306 7th Street NW, Rochester, MN 55901 - Image 18
306 7th Street NW, Rochester, MN 55901 - Image 19

Multi-Family Home for sale in Rochester, MN

for $339,000 with 4 bedrooms and 3 full baths. This 2,016 square foot home was built in 1916 on a lot size of 0.145.

Don’t miss this rare opportunity to own a triplex just blocks from Downtown Rochester and the world-renowned Mayo Clinic. This classic triplex features three separate units and offers immediate flexibility for leasing, repositioning, or owner occupancy. It’s an ideal option for owner-occupants looking to offset housing expenses while building long-term equity or for an investor. Whether you’re seeking a strategic addition to your investment portfolio or a live-in/income property, 306 7th St NW delivers on walkability, diversified income potential, and long-term growth on the doorstep on Downtown Rochester.

See more
Multi-Family Active

Price

$ 339,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,500

Style

Triplex

Lot Size

0.145

Year Built

1916

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

7166522
Features
General
Living Area 2016
Sewer City Sewer/Connected
Heating Forced Air
Roof Asphalt
Garage Spaces 0
Construction Materials Block Frame
Year Built 1916
Electric Circuit Breakers
Tenant Pays Electricity Fuel Gas Heat Hot Water Sewer See Remarks Water
Topography Level
Levels Two
Property Subtype Triplex
Tax Year 2026
Gross Income 35400
Accessibility None
County Olmsted
Net Operating Income 22740
Operating Expense 12660
Insurance Expense 3000
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 1950
Subdivision Name Northern Add
Directions From Broadway Ave. N turn West on to 7th ST. NW home will be on the South side of the road at the SE corner of 7th ST. NW and 4th Ave. NW
High School John Marshall
City Rochester
High School District Rochester
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Carport Spaces 0
Elementary School Washington
Land Lease Y/N N
Tax Annual Amount 3500
Electric Expense 350
Fuel Expense 500
Middle/Junior High School John Adams
Trash Expense 360
Water Sewer Expense 150
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
See more
Interior
Basement Egress Window(s) Finished Single Tenant Access
Basement (Y/N) Y
Above Grade Finished Area 1344
Laundry Features None
Total Bedrooms 4
Below Grade Finished Area 672
Total Baths 3
Foundation Dimensions 24x28
Fuel Natural Gas
Garage Square Feet 0
See more
Exterior
Parking Features Gravel
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.145
Building Area Total 2016
Lot Dimensions 126x50
Waterfront Y/N N
Foundation Area 672
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
See more
Internal Only
Street Number 1 306
See more
* Excluded Features
List By
Realty Growth Inc.

Broker

matt@rgi-group.com

Email

Affordability Calculator

$2,633
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,341
Monthly Property Taxes
$292
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
5440958 Elementary School
3065241 Middle School
John Marshall High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/30/2026$339,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

306 7th Street NW, Rochester, MN, 55901 is a Multi-Family Home for sale at $339,000 with 2,016 sqft and a lot size of 0.145. 306 7th Street NW has 4 bedrooms, 3.0 baths, and was built in 1916. The property's zip code is 55901 which is in Rochester, MN

Get more info