Property for Sale in Rochester
123 11th SE Avenue
Rochester, MN 55904
Property Details
Year Built
1910
Square Feet
5,650
Parking Features
Asphalt,Parking Lot
Zoning
Residential-Multi-Family
2025 Property Taxes
$5,138
School District
Rochester
County
Olmsted
Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential. This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio. With rents continuing to rise in the area, there is additional opportunity for increased returns over time. The property offers a solid investment foundation with stable tenants already in place and immediate income from day one. For developers, this lot is approved to build a 19 unit complex by the city. Conveniently located near area amenities, employment opportunities, and continued community growth, this is a great chance to secure a turnkey multifamily investment in an expanding market.
Take Hwy 52 to the 11th Ave SE exit, head east on 11th Ave SE, and continue to 123 11th Ave SE in Rochester.
Features
Utilities
Electric Common,Hot Water Common
Heating
Boiler
Sewer
City Sewer/Connected
Water
Public
Foundation
Combination
Additional Info
Listed By
Alex Brainard of Harbor Realty & Management Gro
Listed
05/13/26 and last updated 05/29/26
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
