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Active NEW!
$395,900
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1925
2,032 sqft • 0.124 acres
Rochester schools
MLS# 7066664
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    Property Description

    Charming circa-1925 two-story triplex that blends classic early-20th-century proportions with practical multi-family functionality. The light-colored siding, hip roof with a centered dormer, and wide eaves create a balanced, timeless façade, while a covered front porch with simple round columns offers an inviting entrance. Mature shade trees, a neatly trimmed hedge, and a well-kept front lawn provide strong curb appeal, and a side driveway offers off-street parking. Inside, much of the original woodwork, doors, and railings have been preserved, lending the building rich vintage character throughout. The property has been privately managed and meticulously maintained, and tenants have been carefully screened to ensure respectful occupants and ongoing care of the home. The location is extremely convenient: a five-minute walk to St. Mary’s Hospital and the Link Bus Rapid Transit station, with numerous restaurants, coffee shops, parks, and trails just a few blocks away—an attractive setting for tenants and owner-occupants alike. The unit mix is versatile and tenant-friendly. On the main floor, there is a bright, sunny 375 sq ft studio with an efficiency kitchen and a bath with a combination tub/shower. Also on the main floor is a spacious 576 sq ft one-bedroom with a comfortable eat-in kitchen, living room, and a bath featuring a large shower. The second floor is a generous 960 sq ft 2-bedroom unit with separate living and dining rooms, an office, and a full bath with a combination tub/shower. The third-floor attic is a period feature but is not rentable due to low headroom. Coin-operated laundry in the basement for all tenants. With its historic charm, careful upkeep, excellent neighborhood location, and nearby amenities, this triplex delivers immediate rental potential and long-term value. Schedule a showing to experience the property in person.

    Listing

    Contingency: None
    Price per sq ft: $195
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Triplex
    Zip Code: 55901
    Subdivision Name: Kutzkys 2nd Add

    Interior

    Living Area: 2,032 ft2
    Refrigerators: Three
    Basement Details:
    • Full
    • Shared Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 960 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Shared Amenities: Laundry
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Frame
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.124
    Geolocation: 44.024045, -92.481697
    Lot Dimensions: 54 x 98
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Harriet Bishop
    Middle School: John Adams
    High School: John Marshall

    Expenses

    Annual Caretaker Expense: $13,744
    Annual Electric Expense: $1,455
    Annual Fuel Expense: $1,455
    Annual Insurance Expense: $1,807
    Annual Maintenance Expense: $777
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Broadband, Cable TV, Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,504
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,504

    Income

    Annual Gross Income: $31,353

    Rent

    Annual Net Income: $17,609

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of WightmanBrock Real Estate Advi.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.