26 21st Street SW, Rochester, MN 55902

New Listing
$550,000
Property Type: Multi-Family Bedrooms: 4 Baths: 3 Square Footage: 3,855 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $550,000 List Date: 7/13/2026 Last Modified: 7/13/2026

Overview

Description

One of kind triplex which has been meticulously maintained. You must see it to appreciate it and there is a lot to see! With four levels and a lovely landscaped backyard with a private in ground heated pool and a low maintenance yard. Two decks, three porches, large patio around the pool. The owner has lived in the basement unit. This unit could be finished, inspected and add to the rent roll. Two car garage and 2 parking places by the garage and one to two more places in back. Lots of recent upgrades. This has been a easy place to rent and has commanded high rents along with renters paying for their own utilities. So much potential for a creative owner. Look in supplements for more information and descriptions.

Listing Details MLS# 7106679

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1914
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1112
Above Ground SqFt
2943
Below Grd Total SqFt
912
Total SqFt
3855
Foundation Size
912
Style
(MF) Triplex
Total Finished Sqft
2031.00
Power Company
Rochester Public Utilities
Garage Stalls
2
Lot Dimensions
70x150
Acres
0.24
Assessment Pending
Unknown

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Deck; Patio Basement: Concrete Block; Full; Kitchenette; Owner Access; Storage Space; Unfinished Construction Materials: Frame Construction Status: Previously Owned Exterior: Steel Siding Fencing: Privacy Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Common Area Lock Box Type: Supra Parking Characteristics: Garage Door Opener Pool Description: Below Ground; Heated; Shared Rental License Type: Standard Road Frontage: City Street Roof: Age Over 8 Years; Asphalt Shingles Sewer: City Sewer/Connected Tenant Pays: Electricity; Fuel; Heat; Sewer; Water Unit 1 Amenities: Countertops-Granite; Deck; Kitchen Center Island; Main Floor Primary Bedroom; Patio; Sun Room Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Cooling: Central Unit 1 Fireplace Char: Electric Unit 1 Special Search: Main Floor Laundry Unit 2 Amenities: Ceiling Fan(s); Kitchen Window; Porch Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Cooling: Central Unit 3 Appliances: Range; Refrigerator Unit 3 Cooling: Central Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
550000
ListPrice
550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
26
Street Name
21st
Street Suffix
Street
Street Direction Suffix
SW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55902
Complex/Dev/Subdivision
Knollwood Acres

Assessments

Tax With Assessments
2530
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2031

More Information

Income and Expenses

Annual Electric Expense
1000
Annual Fuel Expense
400
Annual Gross Expenses
6649
Annual Gross Income
35400
Annual Insurance Expense
2062
Annual Maintenance Expense
2062
Annual Net Income
28751
Annual Repair Expense
500
Annual Trash Expense
425
Annual Water/Sewer Expense
200
Total Annual Expenses
6649
Annual Caretaker Expense
0

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
484
Garage Door Opener
Yes

Public Survey Info

Range#
14
Section#
14
Township#
106

Unit 1

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
17400
Finished SqFt
1016
Full Baths
Yes
Monthly Rent
1450
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit 2

Furnished?
No
Lease Expiration Date
2027-04-30
Leased?
Yes
Unit Number
2
Annual Rent
18000
Finished SqFt
1015
Full Baths
Yes
Monthly Rent
1500
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
3/4 Baths
Yes
Finished SqFt
912
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit Details

Total Units
3

Office/Member Info

Association
SEMR

Location, Tax and Other Information

High School
Mayo
Legal Description
SECT-14 TWP-106 RANGE-014 REPL PT BLK 3 KNOLLWOOD ACRES LOT-004 BLOCK-001 LOT 4 BLK 1
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
2323
Property ID Number
641411019854
Tax Year
2026
Tax Amount
2530
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
One of kind triplex which has been meticulously maintained. You must see it to appreciate it and there is a lot to see! With four levels and a lovely landscaped backyard with a private in ground heated pool and a low maintenance yard. Two decks, three porches, large patio around the pool. The owner has lived in the basement unit. This unit could be finished, inspected and add to the rent roll. Two car garage and 2 parking places by the garage and one to two more places in back. Lots of recent upgrades. This has been a easy place to rent and has commanded high rents along with renters paying for their own utilities. So much potential for a creative owner. Look in supplements for more information and descriptions.
Directions
Broadway Ave to West on 21st ST SW, 2nd property on the left

Accessible

None
Yes

Amenities Shared

Common Laundry Facility
Yes
Deck
Yes
Patio
Yes

Basement

Concrete Block
Yes
Full
Yes
Kitchenette
Yes
Owner Access
Yes
Storage Space
Yes
Unfinished
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Steel Siding
Yes

Fencing

Privacy
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Common Area
Yes

Patio, Porch and Deck Features

Deck
Yes
Front Porch
Yes
Patio
Yes
Rear Porch
Yes

Pool Description

Below Ground
Yes
Heated
Yes
Shared
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Three
Yes

Tenant Pays

Electricity
Yes
Fuel
Yes
Heat
Yes
Sewer
Yes
Water
Yes

Unit 1 Amenities

Countertops-Granite
Yes
Deck
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Patio
Yes
Sun Room
Yes

Unit 1 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Fireplace Char

Electric
Yes

Unit 1 Special Search

Main Floor Laundry
Yes

Unit 2 Amenities

Ceiling Fan(s)
Yes
Kitchen Window
Yes
Porch
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Cooling

Central
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Cooling

Central
Yes

Documents

IDX
Listing Office: Real Estate Directory
Last Updated: July - 13 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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