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223 10th Avenue SE

Rochester, MN 55904

– beds
– baths
2,557 sqft
$169 per sqft
1925 build
– on site

Price reduction! Owner of this investment property is moving out of State and this tri-plex is now priced to sell FAST! If you are looking for the perfect property to complete your investment portfolio or if you plan on doing a 1031 exchange before year's end, this FURNISHED tri-plex might be just what you are looking for! 3 solid leases already in place, offer a rare chance to own a cash-flowing asset in a prime location near downtown! Each unit seamlessly blends modern amenities with the timeless charm of a classic home. All three units have been remodeled under current ownership, providing updated living space for tenants. Features include a shared coin-operated laundry, a 2-stall garage, and plenty of parking options with both driveway and street availability. This property is poised to deliver solid returns - explore the MLS listing now to see this property, and give us a call to arrange a private showing!

Listing courtesy of NORTHSTAR / Kathy Rohlik / Montgomery Holst Realty

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# 6617061 —

The Building

Year Built:

1925
New Construction:

false
Age Of Property:

99
Construction Materials:

Metal Siding, Wood Siding
Construction Materials Desc:

Frame
Roof:

Age Over 8 Years, Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

949.0000
Basement:

Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Shared Access, Sump Pump
Basement:

true
Foundation Area:

759
Foundation Dimensions:

1898
Building Area Total:

2657
Above Grade Finished Area:

1898
Below Grade Finished Area:

659

Room Dimensions

Living Area:

2557

Location

Directions:

Broadway to 4th Street SE. East on 4th Street to 10th Avenue SE. Left (north) on 10th Avenue. Home will be on the left.
Latitude:

44.020936
Longitude:

-92.450424

The Property

Parcel Number:

640121015149
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Features:

Tree Coverage - Medium
Lot Size Area:

0.12
Lot Size Dimensions:

41x132
Lot Size Units:

Acres
Topography:

Level
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Fencing:

Partial
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3592
Tax With Assessments:

3592.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

100 Amp Service, Other
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Three

Schools

Elementary School:

Riverside Central
Middle Or Junior School:

Kellogg
High School:

Century
High School District:

Rochester

The Community

Subdivision Name:

Morse & Sargeants Add
Association Amenities:

Common Laundry, Coin-op Laundry Owned, Common Garden, Porch
Assessment Pending:

No

Parking

Parking Features:

Detached, Concrete
Garage Spaces:

2
Garage SqFt:

480

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/9/24 Nov 9, 2024	Price Changed	NORTHSTAR	$434,000	-3.3%
10/14/24 Oct 14, 2024	Listed / Active	NORTHSTAR	$449,000	161.0% (24.2% / YR)
2/16/18 Feb 16, 2018		NORTHSTAR	$172,000

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This multifamily located in Mayo Run, Rochester, MN 55904 is currently for sale for $434,000. 223 10th Avenue SE is a 2,557 square foot multifamily with – beds and – baths that has been on Estately for 38 days. 223 10th Avenue SE is in the Mayo Run neighborhood of Rochester and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Century Senior High School, Kellogg Middle School, and Riverside Central Elementary School.

Listing Courtesy of: NORTHSTAR and Montgomery Holst Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.