702 9th Street SE, Rochester, MN 55904

New Listing
$345,000
Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 2,936 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $345,000 List Date: 6/27/2026 Last Modified: 6/28/2026

Overview

Description

Well-maintained triplex in a prime location! This property is easy to manage and perfect for investors or owner-occupants alike. Enjoy the convenience of being within walking distance to Mayo Clinic, schools, parks, and shopping. A solid opportunity in a highly desirable area with consistent rental appeal.

Listing Details MLS# 7100460

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1924
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1052
Above Ground SqFt
1884
Below Grd Total SqFt
1052
Total SqFt
2936
Foundation Size
1052
Style
(MF) Triplex
Total Finished Sqft
2710.00
Garage Stalls
Yes
Lot Dimensions
44x120
Acres
0.12
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Concrete Block; Egress Windows; Partially Finished; Shared Access Construction Materials: Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lot Description: Corner Lot; Public Transit (w/in 6 blks) Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 1 Bath Description: Full Basement; Main Floor Full Bath; Upper Level Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Living/Dining Room Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Living/Dining Room Unit 3 Appliances: Cooktop; Dishwasher; Microwave; Range; Refrigerator Unit 3 Bath Description: Upper Level Full Bath Unit 3 Dining Room Description: Kitchen/Dining Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
345000
ListPrice
345000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
702
Street Name
9th
Street Suffix
Street
Street Direction Suffix
SE
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55904
Complex/Dev/Subdivision
Subdivision Lt 90

Assessments

Tax With Assessments
4806
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1884
Finished SqFt Below Ground
826

More Information

Income and Expenses

Annual Gross Expenses
5883
Annual Gross Income
35520
Total Annual Expenses
5883
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
308

Public Survey Info

Range#
14
Section#
Yes
Township#
106

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
12540
Finished SqFt
836
Full Baths
Yes
Monthly Rent
1045
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
4

Unit 2

Furnished?
No
Lease Expiration Date
2027-06-01
Leased?
Yes
Level
Main Level
Unit Number
2
Annual Rent
10980
Finished SqFt
1052
Full Baths
Yes
Monthly Rent
915
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
Annual Rent
12000
Finished SqFt
1052
Full Baths
Yes
Monthly Rent
1000
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
3

Office/Member Info

Association
SEMR

Location, Tax and Other Information

High School
Mayo
Legal Description
SECT-01 TWP-106 RANGE-014 SUBDIVISION LOT 90 LOT-027 BLOCK-002 LOT 27 BLK 2
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
203
Property ID Number
640131021756
Tax Year
2025
Tax Amount
4806
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Well-maintained triplex in a prime location! This property is easy to manage and perfect for investors or owner-occupants alike. Enjoy the convenience of being within walking distance to Mayo Clinic, schools, parks, and shopping. A solid opportunity in a highly desirable area with consistent rental appeal.
Directions
North on 3rd Ave SE from 12th St. Right on 9th Ave SE, house is on the right.

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Basement

Concrete Block
Yes
Egress Windows
Yes
Partially Finished
Yes
Shared Access
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lot Description

Corner Lot
Yes
Public Transit (w/in 6 blks)
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Three
Yes

Unit 1 Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Full Basement
Yes
Main Floor Full Bath
Yes
Upper Level Full Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Living/Dining Room
Yes

Unit 2 Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Living/Dining Room
Yes

Unit 3 Appliances

Cooktop
Yes
Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Bath Description

Upper Level Full Bath
Yes

Unit 3 Dining Room Description

Kitchen/Dining Room
Yes
IDX
Listing Office: Coldwell Banker Realty
Last Updated: June - 28 - 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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