$405,000

1316 2nd Street NW, Rochester, MN 55901

  • 5 beds |
  • 3 baths |
  • 2,741 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon7,492sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Great location in historic Kutzke Park close to Mayo / St Mary’s complex and downtown with over 3000 ft.² This home has 5 bedrooms 3 baths and 2 kitchens currently used as an Airbnb short-term rental, but could easily be turned back to a single-family home or a duplex. Within the last year, a new roof, zero maintenance premium siding, high efficient HVAC/furnace and central air, also main floor kitchen has been completely remodeled. Convenient parking with a 2 car garage, and driveway parking for 3. Utilities run about $400 per month with $40,000+ a year Gross income this place could be a gold mine for Clinic residence, multigenerational families, investors, or owner occupants looking for a good long term rental. Basement has full kitchen, bedroom, den, living room, 3/4 bath, and common utility / laundry area.. Main floor has 2 bedrooms, full bath, and common kitchen and living room. Upstairs has 2 bedrooms and 3/4 bath. Rooms rent for $650 - 1,200/month depending on the time of the year.

Listing Status:
Active
Data Last Updated:
March 19, 2026 at 12:18PM
Listing Office:
Progressive Real Estate : 507-288-3333
MLS ID:
7028516
  • Laundry: In BasementCommon Area
  • Basement: FullPartially Finished
  • Heating: Forced Air
  • Roofing: Asphalt
  • General: One and One Half
  • Originating MLS: northstar
  • School District: Rochester
  • County: Olmsted
  • Zoning: 743443003046
  • Fencing: Chain Link
  • Utilities: 150 Amp Service
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Progressive Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Folwell Elementary School

603 15th Ave SW, Rochester, MN, 55902

Grades PK-5

0.60 miles away

F

Friedell Middle School

1200 Broadway Ave S, Rochester, MN, 55904

Grades 6-8

1.72 miles away

J

John Marshall High School

1510 14th St NW, Rochester, MN, 55901

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.