926 2nd Street NW, Rochester, MN 55901

$364,900
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,736 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $364,900 List Date: 3/24/2026 Last Modified: 4/08/2026

Overview

Description

Great investment opportunity! Whether you are just starting your portfolio, looking to owner occupy a duplex, or growing your existing portfolio, this one is a must see! 2 two bedroom, one bath duplex with off street parking to add to the revenue stream with its proximity to Saint Marys and Mayo Clinic.

Listing Details MLS# 7038954

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1915
Yearly/Seasonal
Yearly
Main Floor Total SqFt
816
Above Ground SqFt
2016
Below Grd Total SqFt
720
Total SqFt
2736
Foundation Size
720
Style
(MF) Duplex Up and Down
Total Finished Sqft
2016.00
Garage Stalls
2
Lot Dimensions
49x146
Acres
0.17
Assessment Pending
Unknown

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Vinyl Foundation: Other Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
364900
ListPrice
364900
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
926
Street Name
2nd
Street Suffix
Street
Street Direction Suffix
NW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55901
Complex/Dev/Subdivision
Cummings Outlot

Assessments

Tax With Assessments
4846
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2016

More Information

Income and Expenses

Annual Caretaker Expense
3600
Annual Gross Expenses
6200
Annual Gross Income
36300
Annual Insurance Expense
2000
Annual Maintenance Expense
300
Annual Repair Expense
300
Total Annual Expenses
8884
Annual Electric Expense
0
Annual Fuel 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
400

Public Survey Info

Range#
14
Section#
35
Township#
107

Unit 1

Furnished?
No
Lease Expiration Date
2027-01-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
17400
Finished SqFt
816
Full Baths
Yes
Monthly Expense
145
Monthly Rent
1450
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
17700
Finished SqFt
1200
Full Baths
Yes
Monthly Expense
147
Monthly Rent
1475
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
John Marshall
Legal Description
SECT-35 TWP-107 RANGE-014 CUMMINGS OUTLOT OUTLOT 14 W50FT N149 1/2FT OUTLOT 14
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
8068
Property ID Number
743533005235
Tax Year
2025
Tax Amount
4846
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Great investment opportunity! Whether you are just starting your portfolio, looking to owner occupy a duplex, or growing your existing portfolio, this one is a must see! 2 two bedroom, one bath duplex with off street parking to add to the revenue stream with its proximity to Saint Marys and Mayo Clinic.
Directions
Take 2nd st sw exit off hwy 52, head east on 2nd st sw, then north on 11th ave sw, and turn east on 2nd st nw, and the duplex will be on the south side of the road.

Accessible

None
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

Combo
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes
Listing Office: Re/Max Results
IDX
Last Updated: April - 08 - 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.