917 3rd St NE Rochester, MN 55906
Eastside NeighborhoodEstimated payment $1,282/month
Highlights
- Very Popular Property
- No HOA
- Lower Floor Utility Room
- Jefferson Elementary School Rated A-
- Breakfast Area or Nook
- 4-minute walk to Three Links Park
About This Home
Turnkey Investment Opportunity & Charming North East Rochester Home Welcome to this beautifully updated and fully furnished North East Rochester gem. This property presents a rare opportunity to own a home that is move-in ready and operates as a highly profitable short- and mid-term rental. Ideally located just minutes from downtown Rochester and the Mayo Clinic, it offers exceptional appeal for both investors or homeowners . The interior features a bright, welcoming atmosphere with stylish updates, warm finishes, and an efficient layout. The modern kitchen includes updated cabinetry, butcher block countertops, and a breakfast nook, flowing seamlessly into inviting living spaces filled with natural light. The comfortable bedroom and updated bathroom with a titled
Shower provides a clean, modern aesthetic space. The lower level offers flexible space a second living area, a home office, a gym, perfect for the hobbyist and ample storage/ Outside, you will find a private backyard ideal for relaxing or entertaining. With its unbeatable location and turnkey condition, this home has established itself as a successful rental, generating consistent income.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,080
Year Built
- Built in 1948
Lot Details
- Lot Dimensions are 40x50
- Few Trees
Home Design
- Frame Construction
- Block Exterior
Interior Spaces
- 576 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Lower Floor Utility Room
Kitchen
- Breakfast Area or Nook
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Schools
- Jefferson Elementary School
- Kellogg Middle School
- Century High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Riess 2Nd Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 743631020120
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 | $2,080 | $148,800 | $30,000 | $118,800 |
| 2023 | $1,834 | $145,700 | $30,000 | $115,700 |
| 2022 | $924 | $108,600 | $30,000 | $78,600 |
| 2021 | $870 | $92,100 | $20,000 | $72,100 |
| 2020 | $834 | $88,100 | $16,000 | $72,100 |
| 2019 | $706 | $83,500 | $16,000 | $67,500 |
| 2018 | $640 | $74,600 | $16,000 | $58,600 |
| 2017 | $608 | $70,500 | $16,000 | $54,500 |
| 2016 | $920 | $37,600 | $5,600 | $32,000 |
| 2015 | $866 | $61,700 | $9,400 | $52,300 |
| 2014 | $856 | $61,700 | $9,400 | $52,300 |
| 2012 | -- | $61,900 | $9,400 | $52,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Rent | $1,550 | 0.0% | -- |
| 02/06/2026 02/06/26 | For Sale | $215,900 | 0.0% | $375 / Sq Ft |
| 01/30/2026 01/30/26 | Off Market | $1,550 | -- | -- |
| 11/24/2025 11/24/25 | For Rent | $1,550 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500 | None Listed On Document | |
| Deed | $160,000 | -- | |
| Warranty Deed | $125,000 | Trademark Title Services Inc | |
| Warranty Deed | $73,000 | Attorney | |
| Deed | $125,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $150,000 | Commercial | |
| Closed | $125,000 | No Value Available |
Source: NorthstarMLS
MLS Number: 7017991
APN: 74.36.31.020120
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Ask me questions while you tour the home.