1

Lowertown Home for Sale

Section Image
  • /17

    $240,000

    • 4 Beds
    • 2 Baths
    • 1,536 Sq Ft

    304 7th St NW, Rochester, MN 55901

    Don’t miss this rare opportunity to own a duplex just blocks from Downtown Rochester and the world-renowned Mayo Clinic. This classic up/down duplex features two separate units and will be delivered vacant, offering immediate flexibility for leasing, repositioning, or owner occupancy. It’s an ideal option for owner-occupants looking to offset housing expenses while building long-term equity.

    Matt Gove Realty Growth Inc.

    304 7th St NW, Rochester, MN 55901

Why Live in Lowertown

Lowertown in Rochester, MN, is a predominantly residential neighborhood just north of Downtown Rochester, known for its historic homes and community events. The area features bungalows, cottages, and American Foursquares, many over 100 years old, with some properties available for rent to Mayo Clinic patients and their families. Streets are lined with sidewalks, and driveways are often shared due to compact lot sizes. Broadway Avenue is the main commercial strip, offering a mix of dining options like Cheap Charlies and Taco Mi Pueblo, as well as consignment shops and multi-story apartment complexes. Local businesses cater to both year-round residents and transient Mayo Clinic visitors. For groceries, Silver Lake Foods is less than a mile away. Lowertown boasts several parks, including Goose Egg Park, which hosts the annual LoToFest, and Silver Lake Park, where residents enjoy kayaking, canoeing, and paddle boating. The neighborhood also has a skate park, public swimming pool, and pickleball courts. Cultural activities are abundant, with venues like the Rochester Repertory Theatre and Pop's Art Theater offering live performances and film screenings. Downtown Rochester, connected by skywalks and underground tunnels, provides additional amenities and is a short walk or bike ride away for Mayo Clinic employees. Students in Lowertown attend Churchill Elementary, which has a high rating, before moving on to other schools in the Rochester Public Schools system. The neighborhood is safer than the national average, making it a practical choice for families. Rochester's international airport is 10 miles away, and the Twin Cities are accessible within an hour and a half via U.S. Highway 52.

Frequently Asked Questions

Is Lowertown a good place to live?
Lowertown is a good place to live. Lowertown is considered fairly walkable and very bikeable. Lowertown is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lowertown has 5 parks for recreational activities. It has a median age of 37. The average household income is $67,692 which is below the national average. College graduates make up 22.1% of residents. A majority of residents in Lowertown are renters, with 67.1% of residents renting and 32.9% of residents owning their home. A local real estate agent serving Lowertown can help you decide if this neighborhood is the right one for you. Learn more on our Lowertown neighborhood guide.
Is Lowertown, MN a safe neighborhood?
Lowertown, MN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lowertown?
The median home price in Lowertown is $235,750. If you put a 20% down payment of $47,200 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Lowertown. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lowertown is $68K.
What are the best public schools in Lowertown?
The best public schools that serve Lowertown are:
What are the best private schools in Lowertown?
The best private schools that serve Lowertown are:
What are the most popular zip codes in Lowertown, Rochester, MN?
The most popular zip codes in Lowertown, Rochester, MN include 55901, 55906, 55904, 55902 and 55920.
What are the most popular neighborhoods near Lowertown, Rochester, MN?
The most popular neighborhoods near Lowertown, Rochester, MN are Washington, Downtown Rochester, Eastside, Historic Southwest and Kutzky Park.

Home Trends in Lowertown, MN

Housing Trends

Median Sale Price
$235,750
Median Single Family Sale Price
$235,750
Average Price Per Sq Ft
$150
Number of Homes for Sale
0
Last 12 months Home Sales
18
Months of Supply
0.00
Median List Price
$235,750
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
How to Buy a Home How to Finance a Home How to Sell a Home