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Lowertown Home for Sale

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    $285,000

    • 4 Beds
    • 1.5 Baths
    • 1,134 Sq Ft

    16 10th St NE, Rochester, MN 55906

    I am thrilled to show this fantastic investment opportunity to you all. This house is located in a prime business location, close to Mayo Clinic, Silver Lake and in the heart of downtown. With shopping and grocery stores within walking distance, this property is a dream for investors looking to capitalize on the bustling market. Don't miss out on this great chance to add a valuable asset to your

    Raquel Gossman Coldwell Banker Realty

    16 10th St NE, Rochester, MN 55906

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 $255,000. If you put a 20% down payment of $51,000 and had a 30-year fixed mortgage with an interest rate of 6.1%, your estimated principal and interest payment would be $1,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K 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 55906, 55901, 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
$250,000
Median Single Family Sale Price
$255,000
Average Price Per Sq Ft
$154
Number of Homes for Sale
1
Last 12 months Home Sales
17
Months of Supply
0.70
Median List Price
$255,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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