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Paul Erickson

paul@erickson.realestate +1(507) 430-2343

$ 279,900

Est. payment | -/mo

4 Beds

3 Baths

1,865 SqFt

Save

$ 279,900

Est. payment | -/mo

Save

4 Beds

3 Baths

1,865 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,865 sqft

Price per Sqft $150

Subdivision Durand Sub

MLS Listing ID 7053419

Bedrooms 4

Year Built 1952

Annual Tax Amount $3,610

Tax Year 2026

Contingent None

Lot Dimensions 37x122

Property Sub-Type Triplex

Property Description

Well-maintained and thoughtfully updated triplex offering a strong investment opportunity or ideal owner-occupant setup. This property features three units: two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. All units were remodeled between 2022–2023 with modern updates throughout, including refreshed kitchens, newer stoves and refrigerators, countertops, sinks, updated bathrooms with new tubs/showers, toilets. Units were also freshly painted and new flooring. Metal roof 2012. Updated water heater and water softener 2022. The improvements provide a clean, contemporary feel that appeals to today's renters. Each unit has its own separate electrical meter, adding convenience for management and tenant billing. Tenants will also appreciate the added value of the detached garage stalls—one per unit—offering secure parking. With solid updates already completed and desirable amenities in place, this triplex is a turnkey property with strong rental potential. Rental certificate expires 8/1/29. Units 2 and 3 have leases expiring 2/28/27. Unit 1 available May 15th 2026. Unit 3 has laundry – new washer/dryer 2022. Close to downtown.

Location

State MN

County Olmsted

Zoning Residential-Multi-Family

Rooms

Basement Block, Finished

Interior

Heating Baseboard

Fireplace No

Laundry In Basement

Exterior

Parking Features Detached Garage, Concrete

Garage Spaces 4.0

Fence None

Pool None

Roof Type Age Over 8 Years,Metal

Building

Story Split Entry (Bi-Level)

Foundation 960

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Frame

New Construction false

Schools

Elementary Schools Riverside Central

Middle Schools Kellogg

High Schools Mayo

School District Rochester

Listed by Tracie Fogelson • Property Brokers of Minnesota

Schools and Properties Nearby

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+1(507) 430-2343

paul@erickson.realestate

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414 12th AVE SE Rochester, MN 55904