For Sale: Rochester MLS# 6789944
Active
NEW!
$379,900
Multi-family: Duplex Up and Down
Built 1949
2,195 sqft • 0.18 acres
Rochester schools
MLS# 6789944
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Property Description
Welcome to 839 5th Ave SE in the heart of Rochester’s Slatterly Park neighborhood. This well-maintained pre inspected duplex offers a unique opportunity with flexible living and investment options. The main floor unit features three bedrooms and two bathrooms with hardwood floors, granite countertops, stainless appliances with gas stove, and updated windows. Upstairs, the fully furnished unit is currently operating as a successful, well-established Airbnb, providing immediate income potential.
An oversized two-car garage offers plenty of storage and convenience, while the outdoor space includes a fire pit for entertaining and additional garden space behind the garage. The property’s versatile layout allows for multiple possibilities: an owner-occupied home with a mother-in-law suite, a house-hack arrangement with rental income from the upper unit, or a full investment property with both levels rented out.
Located just minutes from downtown, parks, and trails, this property combines charm, updates, and income potential in a prime Rochester location. This is a unique opportunity you don’t want to miss.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$379,900
Price per sq ft:
$173
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
2
County:
Olmsted
Year Built:
1949
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55904
Subdivision Name:
Brackenridge Add
Interior
Finished Area:
2,195 ft2
Living Area:
2,195 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Full
- Sump Pump
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
26x28
Garage Size:
728 ft2
Foundation Size:
1,032 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.18
Geolocation:
44.013634, -92.456611
Lot Dimensions:
60 x 129 x 60 x 128
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Irregular Lot
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Riverside Central
Middle School:
Kellogg
High School:
Mayo
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,880
Annual Fuel Expense:
$1,200
Annual Insurance Expense:
$3,200
Annual Maintenance Expense:
$350
Annual Gross Expense:
$9,300
Annual Trash Expense:
$456
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,494
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,494
Income
Annual Gross Income:
$24,000
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Dwell Realty Group LLC.
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.