Great location in historic Kutzke Park close to Mayo / St Mary’s complex and downtown with over 3000 ft.² This home has 5 bedrooms 3 baths and 2 kitchens currently used as an Airbnb short-term rental, but could easily be turned back to a single-family home or a duplex. Within the last year, a new roof, zero maintenance premium siding, high efficient HVAC/furnace and central air, also main floor kitchen has been completely remodeled. Convenient parking with a 2 car garage, and driveway parking for 3. Utilities run about $400 per month with $40,000+ a year Gross income this place could be a gold mine for Clinic residence, multigenerational families, investors, or owner occupants looking for a good long term rental.
Basement has full kitchen, bedroom, den, living room, 3/4 bath, and common utility / laundry area.. Main floor has 2 bedrooms, full bath, and common kitchen and living room. Upstairs has 2 bedrooms and 3/4 bath. Rooms rent for $650 - 1,200/month depending on the time of the year.
Active
$405,000
1316 2nd St NW, Rochester, MN 55901
5beds
3baths
3,186sqft
Est.:
Multi Family
Built in 1939
-- sqft lot
$402,700 Zestimate®
$127/sqft
$-- HOA
What's special
- 5 hours |
- 255 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: 10 hours ago
Listed by:
Jim Armstrong 507-288-3333,
Progressive Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7028516
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Laundry: In Basement, Common Area
Features
- Basement: Full,Partially Finished
Interior area
- Total structure area: 3,186
- Total interior livable area: 3,186 sqft
- Finished area above ground: 1,998
- Finished area below ground: 743
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Fencing: Chain Link
Lot
- Size: 7,492.32 Square Feet
- Dimensions: 50 x 150
- Features: Tree Coverage - Medium
Details
- Foundation area: 1062
- Parcel number: 743443003046
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: 150 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Cascade Manor
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $344,100
- Annual tax amount: $4,994
- Date on market: 3/1/2026
- Cumulative days on market: 32 days
- Tenant pays: None
Estimated market value
$402,700
$383,000 - $423,000
$2,961/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Listed for sale | $405,000+1.3%$127/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7028516 Report a problem | ||
| 4/14/2025 | Listing removed | $399,900$126/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6683903 Report a problem | ||
| 3/13/2025 | Listed for sale | $399,900+5.5%$126/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6683903 Report a problem | ||
| 8/15/2024 | Listing removed | -- |
Source:  FMARMLS #6502374 Report a problem | ||
| 5/23/2024 | Price change | $379,000-4%$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6502374 Report a problem | ||
| 5/7/2024 | Price change | $394,900-1%$124/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6502374 Report a problem | ||
| 3/21/2024 | Listed for sale | $399,000+110.6%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6502374 Report a problem | ||
| 9/17/2014 | Sold | $189,500$59/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5061017 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,994 +4.9% | $344,100 +16% |
| 2024 | $4,760 | $296,700 -4.6% |
| 2023 | -- | $311,100 +11.2% |
| 2022 | $4,066 +1.3% | $279,700 +15% |
| 2021 | $4,014 +2.4% | $243,200 +1.2% |
| 2020 | $3,920 +6.6% | $240,300 +13.1% |
| 2019 | $3,678 | $212,400 +8.1% |
| 2017 | $3,678 +21.4% | $196,400 +14.3% |
| 2016 | $3,030 | $171,800 +15.8% |
| 2015 | $3,030 +12.7% | $148,400 +19.2% |
| 2014 | $2,688 +61.9% | $124,500 +5.4% |
| 2012 | $1,660 | $118,100 -17.4% |
| 2011 | -- | $143,000 |
| 2010 | $1,584 +3.8% | $143,000 +3.3% |
| 2008 | $1,526 | $138,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,265/mo
Principal & interest
$1900
Property taxes
$365
Climate risks
Neighborhood: Kutzky Park
Nearby schools
GreatSchools rating
- 6/10Bishop Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10John Marshall Senior High SchoolGrades: 8-12Distance: 0.7 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Elton Hills
- Middle: John Adams
- High: John Marshall
Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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