18 days on rocket

Sale Pending

842 7th Ave SW, Rochester, MN, 55902

$399,900

Home List Price

$4,749*

Closing Credit

0 Baths
2,048 SqFt
$195/SqFt
Multi
Schools Nearby

Location

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842 7th Ave SW, Rochester$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete
Garage2 spaces
Year Built1949
HeatingForced Air
BasementYes
MLS #6515444
StatusSale Pending
(Pending)

About 842 7th Ave SW

Welcome to this fantastic opportunity to own a side-by-side duplex conveniently located just minutes from downtown, Mayo Clinic, and St. Mary's Hospital. Situated in a peaceful and quiet neighborhood, this property offers two beautifully remodeled units, each featuring 2 bedrooms and 1 bathroom. Unit Features: 2 bedrooms, 1 bathroom in each unit Remodeled interiors with hardwood floors Large windows allowing ample natural light Quiet and serene neighborhood setting Close proximity to downtown, Mayo Clinic, and St. Mary's Hospital This duplex is an excellent investment opportunity, whether you're looking to generate rental income or live in one unit while renting out the other. Don't miss out on this chance to own a prime piece of real estate in a highly sought-after location.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: Realty Growth Management Inc.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Mayo Senior High School, Public District Grades 8-12
  • Friedell Middle School, Public District Grades 6-8
  • Lincoln K-8 Choice Elementary School, Public District Grades KG-8
  • Willow Creek Middle School, Public District Grades 6-8
  • Folwell Elementary School, Public District Grades PK-5
  • Washington Elementary School, Public District Grades KG-5
  • Longfellow Choice Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head south on Broadway Ave S toward 6th St SW Turn right onto 6th St SW Turn left onto 7th Ave SW Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $195/SqFt

Tax Information:

  • Annual Amount: $4,074
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rochester, MN.

Map thumbnail provided by MapBox

Rochester, MN

City

Med. Sold Price

$314.3K

Med. Price/SqFt

$166

Avg. Days On Market

46

# of Sold Homes

120

842 7th Ave SW vs Rochester

18 DAYS ON ROCKET

-28 Days

$399,900

+$85.5K More

$195/SqFt

+$29 More

KEY TAKEAWAY

This property is $85.5K more than the Median Sold Price and $29/SqFt more than other homes in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6515444

Listing Office:

  • Office Name: Realty Growth Management Inc.

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Last updated on: 4/29/2024, 4:22:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 2010Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,074$243,800
2019$4,072$233,600
2017$3,802$211,300

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3217981
7
/10

  • Folwell Elementary School

  • 603 15th Ave SW

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-3217982
6
/10

  • Washington Elementary School

  • 1200 11th Ave NW

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-3217983
6
/10

  • Longfellow Choice Elementary School

  • 1615 Marion Rd SE

  • 2.13 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3217984
5
/10

  • Friedell Middle School

  • 1200 S Broadway

  • 0.73 miles

  • Public District Grades 6-8

school-card-donut-3217985
7
/10

  • Lincoln K-8 Choice Elementary School

  • 1122 8th Ave SE

  • 1.09 miles

  • Public District Grades KG-8

school-card-donut-3217986
1
/10

  • Willow Creek Middle School

  • 2425 11th Ave SE

  • 2.34 miles

  • Public District Grades 6-8

High School

school-card-donut-3217987
6
/10

  • Mayo Senior High School

  • 1420 11th Ave SE

  • 1.48 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,345. The most common annual income of people living in Rochester, MN is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Olmsted County›Rochester›55902›842 7th Ave SW

This home is located at 842 7th Ave SW in Rochester, MN and zip code 55902 in the Historic Southwest neighborhood. This 2,048 square foot home was built in 1949. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $399,900.

While more than 48 listings in Rochester, MN in March 2024 were sold above asking price, there were more than 31 listings sold at asking price, and more than 41 were sold below. The number of homes for sale in Rochester, MN increased by 23.1% between February 2024 and March 2024. In March 2024 median list price was $314,304 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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