$315,000
$15K PRICE DROP

116 W Jessie St Rushford, MN 55971

Estimated payment $1,828/month

Total Views 2,555
6 Beds
4 Baths
3,929 Sq Ft
$80 Price per Sq Ft

About This Home

Rare mixed-use investment opportunity in the heart of downtown Rushford! Fully renovated in 2013, including major updates to the plumbing, electrical, bathrooms, and utilities, this well-maintained property offers exceptional versatility and income potential. The main level features a vacant commercial space that was most recently operated as a coffee shop and café, complete with a kitchen, drive through, pressed-tin ceilings, beautiful inside seating area, and sidewalk café seating, making it ready for your next business venture or tenant.
The property also includes three residential units: a one-bedroom, one-bath unit, a two-bedroom, one-bath unit, and a three-bedroom, one-bath unit, providing immediate rental income from three occupied residential units while you lease or occupy the commercial space. Whether you're an investor or an entrepreneur, this is a rare opportunity to own a character-filled, income-producing property in the heart of downtown Rushford.

Listing Agent

Trein Benbenek

Mosaic Real Estate Listed on: 07/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1890

Home Design

  • Triplex
  • Stone Foundation
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 3,929 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Open Parking
  • Parking Lot

Additional Features

  • Lowered Countertops
  • Lot Dimensions are 50x140
  • Forced Air Heating System

Community Details

  • 4 Units
  • Stevens Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,182

Year Built

Built in 1890

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Outside Features: Stone
  • Accessibility Features: Reduced Height Counters, Partially Wheelchair
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 3929
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Living Area: 3929
  • Basement YN: No
  • Total Rooms: 7
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Metal
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Parking Lot, Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Rushford-Peterson
  • SchoolDistrictPhone: 5078647785

Lot Info

  • Waterfront YN: No
  • Lot Size: 50x140
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 1182
  • TaxWithAssessments: 2030

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,364 $97,700 $14,100 $83,600
2025 $2,364 $94,900 $14,100 $80,800
2024 $2,030 $66,200 $14,200 $52,000
2023 $1,582 $66,200 $14,200 $52,000
2022 $1,582 $84,500 $8,400 $76,100
2021 $1,582 $80,300 $8,400 $71,900
2020 $1,532 $80,300 $8,400 $71,900
2019 $1,552 $74,400 $8,400 $66,000
2018 $1,630 $74,400 $8,400 $66,000
2017 -- $75,000 $8,400 $66,600
2016 $1,748 $75,000 $8,400 $66,600
2015 $1,064 $70,300 $8,400 $61,900
2014 $1,064 $71,800 $8,400 $63,400
2013 $1,064 $43,300 $8,200 $35,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2026 08/04/26 Price Changed $315,000 -4.5% $80 / Sq Ft
07/15/2026 07/15/26 For Sale $330,000 -- $84 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Contract Of Sale $61,000 None Available
Warranty Deed $61,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $117,000 Commercial
Source: Public Records

Source: NorthstarMLS

MLS Number: 7111035

NorthstarMLS

APN: 06.0262.000

Your Personal Tour Guide

Ask me questions while you tour the home.