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Active
    • $300,000

    603 23rd Ave SW, Rochester, MN 55902

    4beds
    2baths
    3,276sqft
    : 
    Duplex Up and Down
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $92/sqft
    $-- HOA

    What's special

    Two separate unitsNew appliancesCentral air conditioning
    Fantastic investment opportunity in a convenient southwest Rochester location just minutes from Mayo Clinic, shopping, dining, and major roadways. This licensed duplex offers strong rental potential for both owner-occupants and investors alike. This property features two separate units with central air conditioning and new appliances, providing excellent income-producing possibilities or flexible living arrangements. Ideal for long-term rentals, traveling professionals, or housed-hacking opportunities. Extensive repairs and improvements have recently been completed, with additional updates currently in progress, offering buyers added value and continued property Don't miss your chance to own a multi-family property in a highly desirable rental market with consistent demand.
    9 days
    |
    737
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James John Clark 507-259-2283,

    Keller Williams Premier Realty,

    Hailey Johnson 507-316-7955

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7049727MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Appliances
      • Laundry: In Basement, Common Area
      Features
      • Basement: Full
      Interior area
      • Total structure area: 3,276
      • Total interior livable area: 3,276 sqft
      • Finished area above ground: 1,638
      • Finished area below ground: 0

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Covered, Porch
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 4,748.04 Square Feet
      • Dimensions: 132 x 91
      • Features: Near Public Transit, Tree Coverage - Medium
      • Topography: Rolling
      Details
      • Foundation area: 819
      • Parcel number: 640414042631
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Up and Down
      Materials
      • Frame
      • Roof: Age 8 Years or Less,Asphalt
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: Circuit Breakers, 150 Amp Service
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Hillcrest Sub
      HOA
      • Amenities included: Laundry, Deck, Porch
      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $92/sqft
      • Tax assessed value: $220,800
      • Annual tax amount: $3,740
      • Date on market: 4/6/2026
      • Tenant pays: Cable TV, Trash Collection
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/6/2026Listed for sale$300,000+614.3%$92/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7049727 Report a problem
        8/1/2003Sold$42,000$13/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,585 +10%$220,800 +3.7%
        2024$3,258 $213,000
        2023-- $213,000 +6.8%
        2022$2,408 -0.4%$199,500 +38.4%
        2021$2,418 -1.2%$144,100 -0.4%
        2020$2,448 +8.7%$144,700 +11.2%
        2019$2,252 $130,100 +11.7%
        2017$2,252 +24.3%$116,500 +13.4%
        2016$1,812 $102,700 -9.4%
        2015$1,812 -11.7%$113,300 +2.7%
        2014$2,052 +11.2%$110,300 +1.7%
        2012$1,846 $108,500
        2011-- $108,500 -2.6%
        2010$1,748 -0.3%$111,400
        2008$1,754 $111,400

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,739/mo
        Principal & interest
        $1469
        Property taxes
        $270
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          Climate risks

          Neighborhood: 55902

          Getting around

          49 / 100
          Car-Dependent
          45 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Folwell
          • Middle: John Adams
          • High: Mayo

          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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