$485,000
SOLD APR 18, 2025

118 9 1 2 St SE Rochester, MN 55904

6 Beds
3 Baths
2,549 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

3% Below List Price

169 Days on Market

Highlights

  • Guest Parking
  • Forced Air Heating System
  • Baseboard Heating
  • Mayo Senior High School Rated A-

About This Home

As of April 2025

Introducing The Blue Ox Triplex - an investor's dream! This fully furnished turnkey rental property is located in a desirable area, approximately one mile from a world-renowned medical campus. It features stylish and trendy decor, with many recent updates! The property was completely renovated in 2019, including all mechanicals, windows, drainage systems, kitchens, bathrooms, furnishing, and brand new fresh paint throughout. A new kitchen and laundry room were recently added to unit #2. The property is conveniently situated within walking distance of two major medical facilities, a golf course, parks, trails, dining, shops, and a shuttle lot. This prime location makes it particularly attractive for traveling medical professionals. Currently operating as a short-term rental property primarily through Furnished Finder, there is significant potential to expand rental opportunities by utilizing additional platforms such as Airbnb and VRBO.

Last Agent to Sell the Property

Heidi Horstmann-Novak

Re/Max Results Listed on: 10/01/2024

Re/Max Results

Last Buyer's Agent

Heidi Horstmann-Novak

Re/Max Results Listed on: 10/01/2024

Re/Max Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 44x110
  • Irregular Lot

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Schools

  • Riverside Central Elementary School
  • Willow Creek Middle School
  • Mayo High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 3 Units
  • Sunnyside Add Subdivision

Listing and Financial Details

  • The owner pays for electricity, fuel, janitorial service, grounds care, repairs, sewer, snow removal, taxes, trash collection
  • Assessor Parcel Number 640241021804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,050

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1728
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Full, Single Tenant Access
  • Living Area: 2549
  • Below Grade Finished Sq Ft: 821
  • Owner Pays: Electricity, Fuel, Janitorial Service, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Total Rooms: 2
  • Total Rooms: 3
  • Total Rooms: 1

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached, Concrete, Guest Parking
  • Garage Square Feet: 576

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Willow Creek
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Lot Size: 44x110
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Steel Siding
  • Units Total: 3

Rental Info

  • Expenses: 9522.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 640241021804
  • Tax Annual Amount: 4050
  • TaxWithAssessments: 4050.0000

Multi Family

  • ElectricExpense: 3162.83
  • FuelExpense: 1654.91
  • Resident Manager Expense: 900
  • Number Of Refrigerators: Three

MLS Schools

  • Elementary School: Riverside Central
  • HighSchool: Mayo

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2025 04/18/25 Sold $485,000 0.0% $190 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
01/15/2025 01/15/25 Off Market $485,000 -- --
11/09/2024 11/09/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $499,900 +42.8% $196 / Sq Ft
12/30/2022 12/30/22 Sold $350,000 +6.1% $137 / Sq Ft View Prior Sale
10/11/2022 10/11/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $330,000 -- $129 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Ulland

    Seller's Agent in 2022

    Matt Ulland

    RE/MAX

    (507) 288-1111

    220 Total Sales

    Matt Ulland
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Map

Source: NorthstarMLS

MLS Number: 6611592

NorthstarMLS
Minnesota Olmsted County Rochester 55904

118 9 1 2 St SE, Rochester, MN

This home is located at 118 9 1 2 St SE, Rochester, MN 55904 and is currently priced at $485,000, approximately $190 per square foot. This property was built in 1948. 118 9 1 2 St SE is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.

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