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  • $550,000

    510 7th St SW, Rochester, MN 55902

    5beds
    4baths
    2,940sqft
    Quadruplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $187/sqft
    $2,121 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,121/mo

    Zestimate® history
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    What's special

    Welcome to this well-kept 4-plex, perfectly situated in a stellar location within walking distance to downtown and Saint Mary's. This property offers both convenience and potential for a lucrative investment Each tenant will enjoy the convenience of a dedicated garage stall, providing secure parking and storage. The original oak hardwood flooring, in excellent shape, adds character and durability throughout a significant portion of the building. Several units have undergone updates, including cabinets, baths, and flooring, enhancing the overall appeal and modernizing the living spaces. These improvements contribute to tenant satisfaction and rental demand. The dual set coin-op laundry units serve as an additional income generator to the property's revenue stream. Mechanical updates such as the furnace, air conditioning, and electrical systems have been modernized, ensuring efficiency and reliability.

    Zillow last checked: 8 hours ago

    Listing updated: July 27, 2024 at 07:03pm

    Listed by:

    Robert Bucky Beeman 507-951-7130,

    Realty Growth Inc.,

    Matt Gove 507-951-1147

    Bought with:

    Non-MLS

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6380775MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air
    Features
    • Basement: Partially Finished
    Interior area
    • Total structure area: 2,940
    • Total interior livable area: 2,940 sqft
    • Finished area above ground: 2,352
    • Finished area below ground: 588

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    • Details: Garage Dimensions (26x44)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Front Porch
    Lot
    • Size: 8,276 sqft
    • Dimensions: 152 x 55
    • Features: Near Public Transit
    • Topography: Level
    Details
    • Foundation area: 588
    • Parcel number: 640224009195

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Metal Siding
    • Roof: Asphalt
    Condition
    • Age of Property: 104
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Rochester
    • Subdivision: Head & Mcmahon Add

    Price history

    DateEventPrice
    7/26/2023Sold$550,000+5.8%$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6380775
    7/20/2023Listed for sale$519,900$177/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6380775
    7/11/2023Pending sale$519,900$177/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6380775
    6/25/2023Price change$519,900-5.5%$177/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6380775
    6/7/2023Price change$550,000+0%$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6380775

    Public tax history

    YearProperty taxesTax assessment
    2024$5,358 $381,100 +8.8%
    2023-- $350,200 +17%
    2022$3,102 +0.3%$299,300 +61.3%

    Find assessor info on the county website

    Neighborhood: Historic Southwest

    Nearby schools

    GreatSchools rating
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