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1316 2nd Street Nw, 
Rochester, MN 55901

$405,000


5

Beds


3

Baths


2,741

Sq Ft


Multi-Family

Active

Listed by

Jim Armstrong

Progressive Real Estate

507-288-3333

Last updated:

March 4, 2026, 02:04 PM

MLS#

7028516

Source:

NSMLS

About This Home

1316 2nd Street Nw

Great location in historic Kutzke Park close to Mayo / St Mary’s complex and downtown with over 3000 ft.² This home has 5 bedrooms 3 baths and 2 kitchens currently used as an Airbnb short-term rental, but could easily be turned back to a single-family home or a duplex. Within the last year, a new roof, zero maintenance premium siding, high efficient HVAC/furnace and central air, also main floor kitchen has been completely remodeled. Convenient parking with a 2 car garage, and driveway parking for 3. Utilities run about $400 per month with $40,000+ a year Gross income this place could be a gold mine for Clinic residence, multigenerational families, investors, or owner occupants looking for a good long term rental. Basement has full kitchen, bedroom, den, living room, 3/4 bath, and common utility / laundry area.. Main floor has 2 bedrooms, full bath, and common kitchen and living room. Upstairs has 2 bedrooms and 3/4 bath. Rooms rent for $650 - 1,200/month depending on the time of the year.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1939

Price Summary

405,000

$147 per Sq. Ft.

MLS #:

7028516

Last Updated:

March 4, 2026, 02:04 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,741 Sq. Ft.


Structure

Structure

Building Area:

3,186 Sq. Ft.

Year Built:

1939


Lot

Lot Size (Sq. Ft):

7,492


Finances & Disclosures

Finances

Price:

$405,000

Price per Sq. Ft:

$147 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.