1033 3rd Avenue SE

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Address: 1033 3rd Ave SE, Rochester, MN 55904, USA
Chicago & Midwest + Apartment Buildings
Created date: October 1, 2026
Date last updated: October 1, 2026
Price: $246,900Investment Analyzer NEW!

Property Description

This well-maintained Rochester duplex is a great way to start building your investment portfolio-or try your hand at the "house hacking" strategy by living in one unit while the other helps with the mortgage. The main-floor unit offers two bedrooms, hardwood floors throughout, an updated kitchen with maple cabinets and an bathroom featuring maple vanity, full tub/shower and tile flooring. Upstairs, the second unit gives you flexibility with a layout that can work as either two bedrooms or a bedroom plus living room. There's also a small, efficient kitchen, full bathroom with tile flooring and pedestal sink, new carpet in the bedroom and hardwood floors in the other living space. Both units have access to the shared basement with plenty of storage plus the washer and dryer. Each unit has its own 100-amp electrical service panel, making this property practical for both investors and owner-occupants. And some of the big-ticket items are already checked off the list: new roof in 2026 and new furnace in 2021. Whether you're looking for your first Rochester investment property, adding another rental to the portfolio, or looking for a home where your tenant can help pay the mortgage, this duplex deserves a spot on your list!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $246,900
Year Built: 1941
Lot Size: 1,572.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 1033 3rd Avenue SE, Rochester, MN 55904, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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