3240 18th Ave SW, Rochester, MN 55902 (MLS# 7065813)

3240 18th Ave SW, Rochester, MN 55902

$224,900
Property Type: Land Lot Size (sq. ft.): 138,085 Status: Active
Current Price: $224,900 List Date: 5/01/2026 Last Modified: 8/17/2026

Overview

Description

Don't miss this rare development opportunity! This expansive parcel, just over 3 acres, offers incredible potential with pre-approved plans already in place for an 8-lot subdivision. Whether you're a builder, investor, or developer, much of the groundwork has been done saving you time and accelerating your project timeline. The property provides ample space for thoughtfully designed homesites while maintaining privacy and flexibility in layout. With approvals secured, you can move forward with confidence and start bringing your vision to life right away. Conveniently located near local amenities, schools, and major roadways, this property combines the appeal of a peaceful setting with accessibility to everything buyers are looking for. A prime opportunity to develop in a growing area, reach out today for more details!

Listing Details MLS# 7065813

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Square Feet
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Lot
Lot Dimensions
370x370
Lot Size SqFt
138085
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: None Connected Development Status: Raw Land Improvements: None Land Inclusions: None Lock Box Type: None Lot Description: Tree Coverage - Medium Topography: Wooded

Contract Information

Contingency
None
Original List Price
239900
ListPrice
224900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3240
Street Name
18th Ave
Street Direction Suffix
SW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55902

Assessments

Tax With Assessments
874
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
SEMR

Location, Tax and Other Information

AssocFeeYN
No
High School
Mayo
Legal Description
SECT-22 TWP-106 RANGE-014
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Property ID Number
642213041912
Tax Year
2026
Tax Amount
874
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Don't miss this rare development opportunity! This expansive parcel, just over 3 acres, offers incredible potential with pre-approved plans already in place for an 8-lot subdivision. Whether you're a builder, investor, or developer, much of the groundwork has been done saving you time and accelerating your project timeline. The property provides ample space for thoughtfully designed homesites while maintaining privacy and flexibility in layout. With approvals secured, you can move forward with confidence and start bringing your vision to life right away. Conveniently located near local amenities, schools, and major roadways, this property combines the appeal of a peaceful setting with accessibility to everything buyers are looking for. A prime opportunity to develop in a growing area, reach out today for more details!
Directions
From Mayowood Rd SW turn south on 18th Ave SW and go about 1.5 miles- then take gravel rd (unmarked) just north of property sign. Lot of right (north side) adjacent to 3440 18th Ave SW property.

Development Status

Raw Land
Yes

Insurance Fee

Insurance Fee
0

Lock Box Type

None
Yes

Lot Description

Tree Coverage - Medium
Yes

Restriction/Covenants

None
Yes

Topography

Wooded
Yes

Available Utilities

None Connected
Yes

Improvements

None
Yes

Land Inclusions

None
Yes
IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: August - 17 - 2026
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