For Sale: Rochester MLS# 6737117
Active
NEW!
$290,000
Multi-family: Duplex Up and Down
Built 1923
2,360 sqft • 0.14 acres
Rochester schools
MLS# 6737117
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Property Description
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 a detached two-car garage currently utilized as shop space by a local business, generating additional rental income. With solid tenants, a prime location, and flexible rental options, this is an ideal opportunity for investors or owner-occupants looking to offset expenses.
Whether you’re looking for a smart addition to your portfolio or a hybrid investment/live-in property, 24 10th St NW checks all the boxes: walkability, income diversity, and long-term growth potential Rochester’s fast emerging Lowertown neighborhood.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$290,000
Price per sq ft:
$123
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
2
County:
Olmsted
Year Built:
1923
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55901
Subdivision Name:
Northern Add
Interior
Finished Area:
2,360 ft2
Living Area:
2,360 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Egress Window(s)
- Partially Finished
- Single Tenant Access
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
30x28
Garage Size:
840 ft2
Garage Door Height:
8
Garage Door Width:
8
Foundation Size:
780 ft2
Foundation Dimensions:
30x26
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached
- Shared Driveway
- Unassigned
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Vinyl Siding
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.14
Geolocation:
44.032925, -92.464241
Lot Dimensions:
51 x 126
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Elton Hills
Middle School:
John Adams
High School:
John Marshall
Expenses
Annual Caretaker Expense:
$2,000
Annual Electric Expense:
$2,000
Annual Fuel Expense:
$1,500
Annual Insurance Expense:
$2,750
Annual Maintenance Expense:
$1,250
Annual Gross Expense:
$18,000
Annual Trash Expense:
$360
Annual Water/Sewer Expense:
$1,500
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,944
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,818
Income
Annual Gross Income:
$40,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Realty Growth Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.