Welcome to your very own downtown condo! This charming 2-bedroom, 1-bathroom condo spans 988 square feet of comfortable living space, perfect for those seeking both a cozy home or a solid rental income potential.
The thoughtfully designed layout maximizes every square foot, featuring a spacious primary bedroom and additional bedroom ideal for guests or a home office. The single bathroom serves the unit efficiently, while the open living areas create a welcoming atmosphere that you or your tenants will love.
Location is everything, and this property delivers. You're just steps away from convenient public transportation at the nearby bus station, making commutes effortless. Grocery shopping is a breeze with stores close by, while Rochester Parks and Recreation offers endless outdoor activities and green spaces for relaxation.
The downtown setting provides excellent walkability and access to Rochester's vibrant dining, entertainment, and cultural scene.
This condo represents an excellent entry point into Rochester's real estate market. Whether you're a first-time investor, expanding your portfolio, or needing a place to call "home", the combination of prime location, reasonable size, and strong rental demand makes this property a smart financial move. Don't miss this opportunity to own in one of Rochester's most desirable neighborhoods.
Active
$174,900
728 1st Ave SW APT 401, Rochester, MN 55902
2beds
988sqft
Est.:
High Rise
Built in 1979
-- sqft lot
$171,600 Zestimate®
$177/sqft
$275/mo HOA
What's special
Cozy homeComfortable living spaceSpacious primary bedroomThoughtfully designed layout
- 12 days
- on Zillow |
- 444 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 06:52am
Listed by:
Luke Ihde 507-272-7960,
Homes Plus Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6757106

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom
Bedroom 1
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bathroom
- Level: Main
Dining room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Living room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 14x17
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 988
- Total interior livable area: 988 sqft
- Finished area above ground: 988
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Covered, Guest
- Carport spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, River View, Waterfront Num(S9990635)
- Body of water: Zumbro River - South Fork
Lot
- Size: 871.2 Square Feet
Details
- Foundation area: 988
- Parcel number: 640214025309
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Stucco, Concrete, Frame
- Roof: Flat
Condition
- Age of Property: 46
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Rochester Public Utilities
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: 728 First Ave Sw
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fire Sprinkler System, Lobby Entrance
- Services included: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Snow Removal
- HOA fee: $275 monthly
- HOA name: Infinity Real Estate and Management
- HOA phone: 507-550-1052
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $132,900
- Annual tax amount: $1,674
- Date on market: 7/18/2025
- Road surface type: Paved
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