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For Sale:  Rochester MLS# 7063355

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Active NEW!
$219,900
/mo Edit
Single Family:  1 Story
2 br • 1 ba • Built 1925
692 sqft • 0.101 acres
Rochester schools
MLS# 7063355
763-576-8286
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    Property Description

    Turnkey investment opportunity in the heart of Rochester! Welcome to 16 12th St NW—one of the city’s top-rated Airbnb properties, offering a rare blend of immediate income potential and flexible living options. Whether you're looking for a fully furnished, hands-off short-term rental or a move-in ready home for owner occupancy, this property delivers. With an average monthly Airbnb income of approximately $2, 150 and average expenses around $2, 000, this is an excellent opportunity for investors seeking a proven, operational asset. The home’s prime location—just blocks from downtown and Rochester’s trail system—adds to its consistent guest appeal. Looking ahead, the upside is just as exciting. The backyard is approved for a future accessory dwelling unit (ADU) or mother-in-law suite, opening the door for additional income or multi-generational living. Inside, the basement is already plumbed for a second bathroom, making future expansion even more seamless. Whether you're expanding your investment portfolio or stepping into homeownership with income potential, this property is ready to perform from day one.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $219,900
    Price per sq ft: $318
    Property Type: Single Family
    City: Rochester
    Garage Spaces: 0
    County: Olmsted
    Year Built: 1925
    State: MN
    Property Style: 1 Story
    Zip Code: 55901
    Subdivision Name: Northern Add

    Interior

    Bedrooms: 2
    Bathrooms: 1
    Finished Area: 692 ft2
    Total Fireplaces: 0
    Living Area: 692 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Gas Water Heater
    • Range
    • Refrigerator
    • Water Softener Owned
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 648 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Gravel
    Road Frontage: City Street
    Roof Details:
    • Age Over 8 Years
    • Metal

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath
    Laundry: In Basement

    Lot & Land

    Acres: 0.101
    Geolocation: 44.034752, -92.463825
    Lot Dimensions: 35 x 125
    Zoning: Residential-Single Family

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Elton Hills
    Middle School: John Adams
    High School: John Marshall

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,060
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,060
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

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    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.