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Lowertown Home for Sale

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    $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

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%
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