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Rochester, MN Multifamily Homes & Duplexes for Sale

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  • /23

    $159,900

    • 2 Beds
    • 1.5 Baths
    • 906 Sq Ft

    4310 13th Ave NW, Rochester, MN 55901

    Enjoy a convenient location with a peaceful backdrop of green space in this 2-bedroom, 2-bath twin home. Whether you're looking for a place to make your own or a solid investment opportunity, this property has great potential. Add your personal touch to create a charming owner-occupied home, or take advantage of a strong rental market and turn it into an income-generating asset.

    Samantha Pyfferoen Dwell Realty Group LLC

    4310 13th Ave NW, Rochester, MN 55901
  • /29

    $325,000 Open Thu 11:45AM - 12:30PM

    • 4 Beds
    • 2 Baths
    • 2,021 Sq Ft

    2809 Northern Valley Dr NE, Rochester, MN 55906

    Welcome to this recently updated bright and spacious home offering over 2,000 square feet of comfortable living with accessibility and convenience in mind. This beautiful home features zero-entry access with an automatic door and quality low-maintenance flooring throughout. The open-plan main level includes a kitchen with stainless steel appliances, pantry, dining area and cozy living room. Also

    Ronnie Sokotoff Dwell Realty Group LLC

    2809 Northern Valley Dr NE, Rochester, MN 55906
  • /46

    $232,900

    • 3 Beds
    • 2 Baths
    • 1,592 Sq Ft

    15 8th Ave SE, Rochester, MN 55904

    Discover a fantastic investment or owner-occupant opportunity with this 2-unit rental property located just minutes from downtown. The main level features a 1-bedroom unit with great natural light, freshly pained kitchen, bath and living room. Ceiling freshly painted in bath and living room. Hardwood floors and full bath. Upstairs, the spacious 2-bedroom unit includes a full bath, large

    Tracie Fogelson Property Brokers of Minnesota

    15 8th Ave SE, Rochester, MN 55904
  • /24

    $239,900

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft

    207 14th St NE, Rochester, MN 55906

    Two story duplex nestled into a great location with good visibility for renting, off street parking and garage stall space for each tenant. Upstairs is currently not rented and would be a great space for an owner occupant! Separate laundry, furnaces & central air. Make this your first rental or add another to your portfolio! Call today for a showing.

    Eric Ruud Top Notch Properties & Realty Services

    207 14th St NE, Rochester, MN 55906
  • /20

    $290,000

    • 4 Beds
    • 2 Baths
    • 2,360 Sq Ft

    24 10th St NW, Rochester, MN 55901

    Don’t miss this unique chance to own an income-producing duplex just blocks from Downtown Rochester and the world-renowned Mayo Clinic. Located in the vibrant Lowertown neighborhood, this property features two units—one with a long-term lease in place and the other operating as a successful Airbnb, offering strong cash flow potential from day one. In addition to the duplex, the property features

    Matt Gove Realty Growth Inc.

    24 10th St NW, Rochester, MN 55901
  • /20

    $279,900

    • 3 Beds
    • 2 Baths
    • 1,427 Sq Ft

    1924 Greenfield Ln SW Unit 201, Rochester, MN 55902

    Lakeview Living at Its Finest on Lake George!Experience the perfect blend of comfort, style, and nature in this stunning 3-bedroom, 2-bath luxury condo/townhome boasting nearly 1,500 sq ft of beautifully updated living space. With breathtaking Lake George views right from your covered back deck, every day feels like a retreat.Step inside to discover luxury vinyl plank flooring, solid

    Rick Witt Homes Plus Realty

    1924 Greenfield Ln SW Unit 201, Rochester, MN 55902
  • /21

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    620 3rd Ave SE, Rochester, MN 55904

    Charming Up-and-Down Duplex with covered front porch-Ideal investment or owner-occupant opportunity! The main floor unit features 2 bedrooms, a full bathroom and a sunlit kitchen with a window over looking the yard. Hardwood flooring throughout, adding warmth and character. The upper unit is a cozy 1-bedroom space with its own full bathroom, ideal for a tenant or guest suite. Enjoy morning coffee

    Mercedes Castillo eXp Realty

    620 3rd Ave SE, Rochester, MN 55904
  • /26

    $269,900

    • 2 Beds
    • 3 Baths
    • 2,337 Sq Ft

    606 11th St SE, Rochester, MN 55904

    Welcome to this well-maintained tri-plex located in the heart of Rochester, MN – just minutes from downtown, the Mayo Clinic, and major transit routes. This versatile property features two studio units and one spacious two-bedroom unit, offering a great mix of rental income potential and tenant appeal.Whether you’re a seasoned investor or just entering the market, this tri-plex offers

    Travis Brevig Re/Max Results

    606 11th St SE, Rochester, MN 55904
  • /14

    $234,900

    • 3 Beds
    • 2 Baths
    • 1,430 Sq Ft

    306 10th Ave NE, Rochester, MN 55906

    We’re excited to share an up/down duplex located on a quiet street in Rochester, close to the city bus line and all the amenities the area has to offer. This well-positioned property is perfect for a first-time investor or a valuable addition to an existing portfolio.The main level unit features 2 bedrooms and 1 bathroom, with private basement access that includes a washer and dryer. It comes

    Alex Brainard Harbor Realty & Management Group LLC

    306 10th Ave NE, Rochester, MN 55906
  • /33

    $359,900

    • 4 Beds
    • 2 Baths
    • 2,016 Sq Ft

    926 2nd St NW, Rochester, MN 55901

    Great investment opportunity! Whether you are just starting your portfolio, looking to owner occupy a duplex, or growing your existing portfolio, this one is a must see! 2 two bedroom, 1 bath duplex with off street parking to add to the revenue stream with its proximity to Saint Marys and Mayo Clinic.

    Travis Brevig Re/Max Results

    926 2nd St NW, Rochester, MN 55901

Why Live in Rochester

Rochester's identity centers on the world-renowned Mayo Clinic campus, which brings a diverse international population and cutting-edge medical innovation to this mid-sized Minnesota city. Residents enjoy four distinct seasons with 85 miles of paved trails, including the Douglas State Trail connecting to neighboring towns. The downtown area features the Mayo Civic Center for concerts and shows, while Quarry Hill Nature Center provides hiking trails and cave exploration. Silver Lake Park attracts visitors with paddle boat rentals and walking paths, while the Rochester Art Center hosts contemporary exhibits and workshops. The housing market includes homes ranging from $177,000 to $1.76 million, with a median sale price of $335,500. Single-family homes in Historic Southwest command a median price of $509,900, while Kutzky Park homes have a median price of $402,700. Downtown Rochester single-family homes have a median price of $282,500. Townhomes across the city have a median price of $305,700. Rochester maintains competitive tax rates with an effective property tax rate of 1.09% in Olmsted County. The combined sales tax rate is 8.12%. A family with school-age children needs approximately $107,000 annually to live comfortably, while renters should aim for $65,000. Housing costs run about $2,400 monthly for homeowners and $2,700 for renters. The city's educational options include Mayo Senior High School and Century Senior High School, both rated A-minus by Niche. Private schools like Rochester Arts & Sciences Academy earned an A-plus rating. The University of Minnesota Rochester and Mayo Medical School add to the educational landscape. Rochester Public Transit provides regular bus service, complemented by downtown's skyway and underground pedestrian system. The Rochester International Airport connects to major hubs including Minneapolis-St. Paul, Chicago, and Atlanta.

Home Trends in Rochester, MN

Housing Trends

Median Sale Price
$340,000
Median Single Family Sale Price
$365,000
Median Townhouse Sale Price
$310,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
388
Last 12 months Home Sales
1,799
Months of Supply
2.60
Median List Price
$357,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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