403 8 1/2 Avenue NW, Rochester, MN 55901 (MLS# 7072069)

403 8 1/2 Avenue NW, Rochester, MN 55901

$369,000
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 2,252 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $369,000 List Date: 9/17/2026 Last Modified: 10/14/2026

Overview

Description

Location excels in this duplex income producing property. Upper level - 3 bedrooms, full bath, spacious living room with wood plank floors, dining room, kitchen and wrap around deck. Lower level features - 2 bedrooms, full bath, new flooring, plank flooring, patio, drain tiled and sump pump. Each unit has separate utility meters for electric. Community laundry area in lower level, tenants share usage. Roof 4 years old. Owner pays gas and rubbish.

Listing Details MLS# 7072069

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1968
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1146
Above Ground SqFt
1146
Below Grd Total SqFt
1106
Total SqFt
2252
Foundation Size
1146
Style
(MF) Duplex Up and Down
Total Finished Sqft
2250.00
Power Company
Rochester Public Utilities
Garage Stalls
2
Lot Dimensions
60x90
Acres
0.12
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Concrete Block; Full; Sump Pump Construction Materials: Frame Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Conventional Exterior: Vinyl Fencing: Partial; Privacy Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Boiler; Hot Water Internet Options: Cable; Fiber Optic Laundry: Common Area; Gas Dryer Hookup; Laundry Room; Lower Level; Washer Hookup Lock Box Type: Supra Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light; Underground Utilities Owner Pays: Gas; Trash Collection Parking Characteristics: Garage Door Opener Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Tenant Pays: Cable TV; Electricity; Sewer; Water Topography: Level Unit 1 Amenities: Cable; Ceiling Fan(s); Deck; Kitchen Window; Local Area Network; Main Floor Primary Bedroom; Natural Woodwork; Washer/Dryer Hookup Unit 1 Appliances: Disposal; Exhaust Fan/Hood; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Eat In Kitchen Unit 1 Family Room Characteristics: Family Room; Main Level Unit 1 Special Search: 3 BR on One Level Unit 2 Amenities: Cable; Ceiling Fan(s); Deck; Kitchen Window; Local Area Network; Main Floor Primary Bedroom; Natural Woodwork; Patio; Washer/Dryer Hookup Unit 2 Appliances: Disposal; Exhaust Fan/Hood; Range; Refrigerator Unit 2 Bath Description: Full Basement; Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Eat In Kitchen Unit 2 Family Room Characteristics: Family Room; Lower Level; Main Level Unit 2 Special Search: 3 BR on One Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
375000
ListPrice
369000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
403
Street Name
8 1/2
Street Suffix
Avenue
Street Direction Suffix
NW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55901
Complex/Dev/Subdivision
Kreters Rep

Assessments

Tax With Assessments
5458

Building Information

Finished SqFt Above Ground
1146
Finished SqFt Below Ground
1104

More Information

Income and Expenses

Annual Fuel Expense
1000
Annual Gross Expenses
4711
Annual Gross Income
30800
Annual Insurance Expense
1851
Annual Maintenance Expense
1500
Annual Net Income
22377
Annual Trash Expense
360
Total Annual Expenses
7923

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
528

Public Survey Info

Range#
14
Section#
35
Township#
107

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
15300
Finished SqFt
1146
Full Baths
Yes
Monthly Expense
780
Monthly Rent
1275
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
6

Unit 2

Furnished?
No
Leased?
Yes
Level
Below Ground
Unit Number
2
Annual Rent
15000
Finished SqFt
1104
Full Baths
Yes
Monthly Expense
780
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2
IDX
Listing Office: Edina Realty Rochester
Last Updated: October - 14 - 2026
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