712 8th Avenue SE, Rochester, MN 55904 (MLS# 7079895)

Overview

Description

Turnkey duplex with strong rental history, low owner expenses, and timeless character. Built in 1920, this property blends original hardwood floors and classic charm with practical updates tenants actually want — including updated kitchens and bathrooms, dishwashers, separate laundry for each unit, and separately metered electric. The lower unit is currently rented at $1,160/month, while the upper unit is vacant and was previously rented at $955/month, offering immediate upside for an owner-occupant or investor looking to place their own tenant at current market rent. Both units offer comfortable layouts with a warm, lived-in feel that stands out from generic rentals. Owner expenses are minimal with tenants paying their own electric and the owner responsible for only water/sewer averaging approximately $65/month. Easy to manage, easy to rent, and full of character, this duplex is a solid opportunity for someone looking for dependable income without taking on a heavy renovation proje ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1920
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1428
Above Ground SqFt: 1428
Below Grd Total SqFt: 612
Total SqFt: 2040
Foundation Size: 612
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1428.00
Garage Stalls: 2
Lot Dimensions: 50x132
Acres: 0.15
Assessment Pending: No

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Aluminum Siding Foundation: Stone Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Owner Pays: Sewer; Water Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas; Lawn; Snow Removal; Trash Collection Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 221999
ListPrice: 221999
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 712
Street Name: 8th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55904
Complex/Dev/Subdivision: East Rochester Add-Part Torrens

Assessments

Tax With Assessments: 3816
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1428

More Information

Income and Expenses

Annual Gross Income: 25380
Annual Insurance Expense: 1400
Annual Maintenance Expense: 1250
Annual Repair Expense: 1250
Annual Water/Sewer Expense: 780
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Trash Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 400

Public Survey Info

Range#: 14
Section#: Yes
Township#: 106

Unit 1

Furnished?: No
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 13920
Finished SqFt: 816
Full Baths: Yes
Monthly Expense: 45
Monthly Rent: 1160
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 11460
Finished SqFt: 600
Full Baths: Yes
Monthly Expense: 20
Monthly Rent: 955
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: SEMR

Location, Tax and Other Information

High School: Mayo
Legal Description: SECT-01 TWP-106 RANGE-014 EAST ROCHESTER ADD-PART TORREN LOT-008 BLOCK-020 LOT 8 BLK 20
Listing City: Rochester
Map Page: 999
Municipality: Rochester
School District: Rochester
School District Phone: 507-328-3000
Zip Plus 4: 1150
Property ID Number: 640124005760
Tax Year: 2025
Tax Amount: 3816
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Turnkey duplex with strong rental history, low owner expenses, and timeless character. Built in 1920, this property blends original hardwood floors and classic charm with practical updates tenants actually want — including updated kitchens and bathrooms, dishwashers, separate laundry for each unit, and separately metered electric. The lower unit is currently rented at $1,160/month, while the upper unit is vacant and was previously rented at $955/month, offering immediate upside for an owner-occupant or investor looking to place their own tenant at current market rent. Both units offer comfortable layouts with a warm, lived-in feel that stands out from generic rentals. Owner expenses are minimal with tenants paying their own electric and the owner responsible for only water/sewer averaging approximately $65/month. Easy to manage, easy to rent, and full of character, this duplex is a solid opportunity for someone looking for dependable income without taking on a heavy renovation project.
Directions: turn left on 8th ave

Accessible

None: Yes

Basement

Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Aluminum Siding: Yes

Foundation

Stone: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Owner Pays

Sewer: Yes
Water: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Lawn: Yes
Snow Removal: Yes
Trash Collection: Yes