1316 2nd Street Nw, Rochester, MN 55901

Local realty services provided by:CENTURY 21 FM Realty
1316 2nd Street Nw,Rochester, MN 55901
$399,900
  • 5 Beds
  • 3 Baths
  • 3,186 sq. ft.
  • Multi-family
  • Active
Listed by: james armstrong
Office: progressive real estate
MLS#:7028516
Source:ND_FMAAR

Price summary

  • Price:$399,900
  • Price per sq. ft.:$125.52

About this home

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 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 $45,840+ 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 $700 - 1,200/month depending on the time of the year.

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Home facts

  • Year built:1939
  • Listing ID #:7028516
  • Added:84 day(s) ago
  • Updated:May 24, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Living area:3,186 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1939
  • Building area:3,186 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:John Marshall

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$125.52
  • Tax amount:$4,994

Parking

  • Garage spaces:2