1502 3rd Avenue Nw, Rochester, MN
$240,000
2,830
Square feet
0.14
Acres
About 1502 3rd Avenue Nw
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!
Features of 1502 3rd Avenue Nw
| MLS® # | 6796468 |
|---|---|
| Price | $240,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,830 |
| Acres | 0.14 |
| Year Built | 1926 |
| Type | Single Family |
| Sub-Type | Duplex |
| Style | Duplex Up and Down |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 1502 3rd Avenue Nw |
|---|---|
| Subdivision | Mill Reservation Sub |
| City | Rochester |
| County | Olmsted |
| State | MN |
| Zip Code | 55901 |
Amenities
| Amenities | Laundry |
|---|---|
| Garages | Gravel, Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Block |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Cedar, Stucco |
School Information
| District | Rochester |
|---|---|
| Elementary | Elton Hills |
| Middle | John Adams |
| High | John Marshall |
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $2,358 |
| Tax Year | 2025 |
| Office | Property Brokers of Minnesota |
Listing Details
| Office | Property Brokers of Minnesota |
|---|