1502 3rd Nw Avenue, Rochester, Minnesota 55901

MN, Rochester
$240,000
  • Residential Income Property Type
  • 1926 Year Built
  • Active Status
See All 17 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Well-Maintained, Fully Occupied with great tenants, Duplex in a Prime Rochester Location!

Rare opportunity to own a meticulously cared-for duplex with a strong rental history, ideally situated next to Rochester’s walking trails and just minutes from downtown. Enjoy a peaceful, private setting bordered by city-owned land on two sides and the Zumbro River nearby.

The main-floor unit features updated flooring and modernized kitchen cabinets and countertops. The upper-level unit includes a brand new bathroom (2025) and updated flooring throughout. Additional building improvements include newer vinyl windows and exterior doors, plus a newly rebuilt exterior staircase to the second level (Spring 2025).

Tenants appreciate the convenience of a shared coin-operated laundry and extra storage space located in the clean, basement.

Whether you’re expanding your portfolio or looking for an owner-occupant opportunity, this property delivers long-term value in a highly desirable location!

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6796468
  • Price: $240,000
  • Year Built: 1926
  • Listing Status: Active
  • Office Name: Property Brokers of Minnesota
  • Property Sub Type: Duplex Up and Down
  • Roof: Asphalt
Features
  • Heating System Forced Air
  • Basement Block
  • Parking Gravel,Concrete
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Olmsted
  • City Rochester
  • Zipcode 55901
  • Street: 3rd
  • Street Number: 1502
  • Street Suffix: Avenue
  • Longitude: W93° 31' 59.8''
  • Latitude: N44° 2' 17.5''
  • Directions: From Hwy 52 take the Elton Hills Exit. Turn South onto 3rd Ave NW
  • Street Dir Suffix: NW
Neighborhood
  • Elementary School: Elton Hills
  • High School: John Marshall
  • High School District: Rochester
  • Middle School: John Adams
MLS Addon
  • Office Name: Property Brokers of Minnesota
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Laundry
  • Building Size: 2830
  • Construction Materials: Stucco,Cedar
  • Levels: One and One Half
  • Lot Size Dimensions: 50 x120
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 2358
Listing Information
  • List Agent Mls Id: 503500765
  • List Office Mls Id: 26955
  • Modification Timestamp: 2025-10-09T20:12:03Z
  • Originating System Name: NorthStar
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