Turnkey Investment Opportunity & Charming North East Rochester Home
Welcome to this beautifully updated and fully furnished North East Rochester gem. This property presents a rare opportunity to own a home that is move-in ready and operates as a highly profitable short- and mid-term rental. Ideally located just minutes from downtown Rochester and the Mayo Clinic, it offers exceptional appeal for both investors or homeowners .
The interior features a bright, welcoming atmosphere with stylish updates, warm finishes, and an efficient layout. The modern kitchen includes updated cabinetry, butcher block countertops, and a breakfast nook, flowing seamlessly into inviting living spaces filled with natural light. The comfortable bedroom and updated bathroom with a titled
Shower provides a clean, modern aesthetic space.
The lower level offers flexible space a second living area, a home office, a gym, perfect for the hobbyist and ample storage/ Outside, you will find a private backyard ideal for relaxing or entertaining. With its unbeatable location and turnkey condition, this home has established itself as a successful rental, generating consistent income.
Active
$215,900
917 3rd St NE, Rochester, MN 55906
1beds
576sqft
Est.:
Single Family Residence
Built in 1948
1,960.2 Square Feet Lot
$215,200 Zestimate®
$375/sqft
$-- HOA
What's special
Warm finishesBright welcoming atmosphereHome officeButcher block countertopsBreakfast nookUpdated cabinetryModern kitchen
- 19 days |
- 1,759 |
- 74 |
Zillow last checked: 8 hours ago
Listing updated: February 16, 2026 at 08:03am
Listed by:
Heidi Novak 507-358-0821,
Re/Max Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017991
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X8
Dining room
- Level: Main
- Area: 60 Square Feet
- Dimensions: 10X6
Kitchen
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9X9
Living room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18X11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Lower Level
Features
- Basement: Block,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 576
- Total interior livable area: 576 sqft
- Finished area above ground: 576
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 1,960.2 Square Feet
- Dimensions: 40 x 50
- Features: Tree Coverage - Light
Details
- Foundation area: 576
- Parcel number: 743631020120
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Power Company: Rochester Public Utilities
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Riess 2nd Sub
HOA
- Has HOA: No
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $160,400
- Annual tax amount: $2,080
- Date on market: 2/6/2026
- Road surface type: Paved
Estimated market value
$215,200
$204,000 - $226,000
$1,305/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for rent | $1,450+0.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/15/2026 | Listing removed | $1,440$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/6/2026 | Listed for sale | $215,900+34.9%$375/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7017991 Report a problem | ||
| 2/1/2026 | Price change | $1,440-7.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2025 | Listed for rent | $1,550$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/12/2025 | Listing removed | $1,550$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/22/2025 | Price change | $1,550-26.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2025 | Listed for rent | $2,100+13.5%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/13/2023 | Listed for rent | $1,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/7/2023 | Price change | $1,850+12.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2023 | Price change | $1,650-5.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/20/2023 | Price change | $1,750-10.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2023 | Listed for rent | $1,950+8.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/9/2023 | Price change | $1,800+9.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/25/2022 | Listed for rent | $1,650-10.8%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/17/2022 | Listed for rent | $1,850$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/6/2022 | Sold | $160,000+28%$278/sqft |
Source: Public Record Report a problem | ||
| 6/23/2021 | Sold | $125,000+71.2%$217/sqft |
Source: Public Record Report a problem | ||
| 11/30/2016 | Sold | $73,000-7.5%$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5101067 Report a problem | ||
| 10/7/2016 | Listed for sale | $78,900$137/sqft |
Source: Westwood Realty, Inc. #4074999 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,080 +13.4% | $160,400 +7.8% |
| 2024 | $1,834 | $148,800 +2.1% |
| 2023 | -- | $145,700 +34.2% |
| 2022 | $924 +6.2% | $108,600 +71.8% |
| 2021 | $870 +4.3% | $63,200 +7.5% |
| 2020 | $834 +18.1% | $58,800 +31.3% |
| 2019 | $706 | $44,800 -36.5% |
| 2017 | $706 +16.1% | $70,500 +87.5% |
| 2016 | $608 | $37,600 -39.1% |
| 2015 | $608 -33.9% | $61,700 |
| 2014 | $920 +7.5% | $61,700 -0.3% |
| 2012 | $856 | $61,900 -3.7% |
| 2011 | -- | $64,300 -2.4% |
| 2010 | $842 -0.2% | $65,900 |
| 2008 | $844 | $65,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,307/mo
Principal & interest
$1113
Property taxes
$194
Climate risks
Neighborhood: East Side
Nearby schools
GreatSchools rating
- 7/10Jefferson Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Kellogg Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Century Senior High SchoolGrades: 8-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Jefferson
- Middle: Kellogg
- High: Century
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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