NOT LISTED FOR SALE

1331 4th Ave SW Rochester, MN 55902

5 Beds
2 Baths
1,978 Sq Ft
6,970 Sq Ft Lot

Last Sold February 22, 2023

Last sale price $290,000 $147 Per Sq Ft

73 Days on Market

Highlights

  • Patio
  • Mayo Senior High School Rated A-
  • Baseboard Heating

About This Home

As of February 2023

Great opportunity to own a duplex conveniently located in SW Rochester close to shopping and downtown. Both units have active rental certificates and are ready for immediate occupancy. Full kitchen, bath and living room on both levels with access to laundry from each unit. Backyard faces an open area for additional privacy. Deck off the upper unit and large concrete patio off the lower. Detached 2-car garage. This property would be great as an investment or owner occupied unit with the 2nd unit rent offsetting monthly expenses. Both units in great condition.

Last Agent to Sell the Property

Thomas Meilander

Edina Realty, Inc. Listed on: 11/01/2022

Edina Realty, Inc.

Co-Listed By

Chris Drury

Edina Realty, Inc.

Last Buyer's Agent

Evan Graning

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1962

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bi-Level Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Ben Franklin Elementary School
  • Willow Creek Middle School
  • Mayo High School

Utilities

  • Baseboard Heating
  • Boiler Heating System

Additional Features

  • Patio
  • Lot Dimensions are 110x64
  • Basement

Community Details

  • 2 Units
  • Graham Add Torrens Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for fuel, insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 641112008617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,324

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1008
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 1978
  • Below Grade Finished Sq Ft: 970
  • Owner Pays: Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Deck
  • Total Rooms: 6
  • Amenities: Patio
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 440

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 110x64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 10560.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 641112008617
  • Tax Annual Amount: 3324
  • TaxWithAssessments: 3324.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Two

MLS Schools

  • Elementary School: Ben Franklin
  • HighSchool: Mayo

Range of Values:

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Average Value
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List Price
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 Change Sq Ft Price
02/22/2023 02/22/23 Sold $290,000 -9.3% $147 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
12/28/2022 12/28/22 Price Changed $319,900 -4.8% $162 / Sq Ft
11/01/2022 11/01/22 For Sale $335,900 -- $170 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6305244

NorthstarMLS

APN: 64.11.12.008617