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Image 1 - 725 7th St NW, Rochester, Minnesota, 55901 - House for sale

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Home For Sale In Rochester, Minnesota

725 7th St NW, Rochester, Minnesota, 55901

Home For Sale In Rochester, Minnesota

house for sale

Listed: 06/18/24

725 7th St NW, Rochester, Minnesota, 55901

2 Bed:

1 Bath:

796 Sq Ft Living Area:

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Price

$ 174,900

Price: Lower

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About This House

Fantastic opportunity to own an investment property in the heart of Rochester for under$200, 000! The property is occupied as of1/31/24on a 2-year term. Handicap accessible, newer appliances, and quick access to Rochesters trail system. To obtain the rental certificate, the owner had to demolish the garage shown in the property photos. As a result, there is currently no garage on the property. The rental certificate is valid.

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Rochester Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$284,534 (+2.7%)
Apr 2024	$277,072 (0%)
Mar 2024	$277,072 (0%)
Feb 2024	$277,072 (0%)
Jan 2024	$277,072 (+14.9%)
Dec 2023	$241,100 (-7%)

In May 2024, the asking price for 2 bed houses for sale in/near Rochester, United States averaged $284,534, an increase of 2.7% from the previous month.

Median price trends for properties for sale in Rochester, United States as of May 2024.

Household Income

Median household income: $68,574

Number of households: 45,056

The average household income in Rochester, MN grew from $65,195 to $68,574 in the past year. This data is an estimate based upon 45,056 households in Rochester, MN.
The chart below presents how household income is distributed in Rochester, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rochester, MN compared to median property taxes around the country. The prevalent amount of property taxes in Rochester, MN equals $3k+ , which is less than the national average.