712 8th Ave SE Rochester, MN 55904
Slatterly Park NeighborhoodEstimated payment $1,520/month
Highlights
- Forced Air Heating System
- Mayo Senior High School Rated A
- Baseboard Heating
About This Home
Turnkey duplex with strong rental history, low owner expenses, and timeless character. Built in 1920, this property blends original hardwood floors and classic charm with practical updates tenants actually want — including updated kitchens and bathrooms, dishwashers, separate laundry for each unit, and separately metered electric. The lower unit is currently rented at $1,160/month, while the upper unit is vacant and was previously rented at $955/month, offering immediate upside for an owner-occupant or investor looking to place their own tenant at current market rent. Both units offer comfortable layouts with a warm, lived-in feel that stands out from generic rentals. Owner expenses are minimal with tenants paying their own electric and the owner responsible for only water/sewer averaging approximately $65/month. Easy to manage, easy to rent, and full of character, this duplex is a solid opportunity for someone looking for dependable income without taking on a heavy renovation project.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,816
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 50x132
Parking
- 2 Car Garage
Home Design
- Duplex
- Aluminum Siding
Interior Spaces
- 1,428 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Riverside Central Elementary School
- Willow Creek Middle School
- Mayo High School
Utilities
- Forced Air Heating System
- Baseboard Heating
Community Details
- 2 Units
- East Rochester Add Part Torrens Subdivision
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 640124005760
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $3,816 | $223,800 | $35,000 | $188,800 |
| 2023 | $3,589 | $234,600 | $35,000 | $199,600 |
| 2022 | $2,722 | $204,400 | $35,000 | $169,400 |
| 2021 | $2,578 | $162,900 | $30,000 | $132,900 |
| 2020 | $2,572 | $154,300 | $25,000 | $129,300 |
| 2019 | $2,242 | $147,500 | $25,000 | $122,500 |
| 2018 | $1,962 | $129,400 | $20,000 | $109,400 |
| 2017 | $1,888 | $116,900 | $20,000 | $96,900 |
| 2016 | $2,112 | $107,000 | $13,400 | $93,600 |
| 2015 | $2,008 | $116,600 | $13,400 | $103,200 |
| 2014 | $1,980 | $116,600 | $13,400 | $103,200 |
| 2012 | -- | $116,300 | $13,400 | $102,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2026 05/23/26 | For Sale | $221,999 | -- | $155 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7079895
APN: 64.01.24.005760
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Ask me questions while you tour the home.