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    Rochester, MN
    Apartment Building

    Rochester, MN Apartment Buildings for Sale

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    Byron, MN Oronoco, MN Mazeppa, MN Zumbro Falls, MN Kasson, MN Pine Island, MN Elgin, MN Mantorville, MN
    Spacious Multifamily Investment Opportunity
    Updated: May 26
    Spacious Multifamily Investment Opportunity

    897 16th Avenue Southeast, Rochester, MN 55904

    Contact for pricing
    37,800 sqft 3.47 AC lot
    Renovated in 2025 with updated kitchens, new flooring, and window replacements, minimizing immediate capital expenditures.
    Unique unit mix consisting entirely of four‑bedroom residences, offering larger floor plans than typical market offerings.
    Located near Rochester Community and Technical College, a key driver of renter demand.
    Situated on a large 3.47‑acre site with ample parking (104 spaces).
    Strong rental market in Rochester, driven by the Mayo Clinic and consistent population growth.
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    Apartment Building with Historic Details
    Updated: Jun 4
    Apartment Building with Historic Details

    730 5th St SW, Rochester, MN 55902

    Contact for pricing
    12,668 sqft
    Built in 1928, this classic apartment building offers studio, one- and two‑bedroom units
    Units feature hardwood floors, crown molding, large windows, and original architectural details
    Located in Rochester’s historic southwest “Pill Hill” neighborhood
    Just steps from Mayo Clinic and St. Mary’s Hospital
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    Downtown Rochester Redevelopment Opportunity
    Downtown Rochester Redevelopment Opportunity

    323 S Broadway Ave, Rochester, MN

    Contact for pricing
    29,108 sqft 0.07 AC lot

    Prime location near Mayo Clinic and University of Minnesota Rochester.

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    See what stands out in Olmsted County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    20 8th St NE, Rochester, MN 55906

    Contact for pricing

    Multifamily property positioned near downtown Rochester.

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    Creekside Apartment Buildings
    Creekside Apartment Buildings

    1405-1505 Marion Road SE, Rochester, MN 55904

    Contact for pricing

    Three-building apartment property with on-site laundry, parking, and private outdoor space for every apartment.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Rochester, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with 11 Spaces
    Mixed-Use Property with 11 Spaces

    272 E 3rd St, Winona, MN 55987

    $695,000
    11,264 sqft

    Downtown building combines residential, office, and retail uses with parking positioned behind the property.

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    5-Unit Apartment Building with Updated Systems
    5-Unit Apartment Building with Updated Systems

    815 W 4th Street, Red Wing, MN 55066

    $370,000
    2,829 sqft 0.23 AC lot

    Fully leased multifamily property with four one-bedroom units, a studio, assigned parking, and recent mechanical updates.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    815 W 4th St, Red Wing, MN 55066

    $370,000
    2,829 sqft

    Fully leased multifamily property with a diversified unit mix, updated interiors, and parking available on-site and along the street.

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    Historic Apartment Building with Campus Facilities
    Historic Apartment Building with Campus Facilities

    457 Gould Street, Winona, MN 55987

    Contact for pricing
    8,278 sqft

    Large former university residence with classrooms, offices, apartments, recreation areas, and food service facilities.

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    Off-Market Properties in Rochester, MN

    Consider similar Off-Market properties in Rochester, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    110 6Th Ave
    Multifamily properties

    110 6Th Ave, Rochester, MN 55904

    Value Estimation by Request
    4,552 sqft 0.16 AC lot
    View details
    810 2Nd St
    Multifamily properties

    810 2Nd St, Rochester, MN 55901

    Value Estimation by Request
    View details
    904 Center St
    Multifamily properties

    904 Center St, Rochester, MN 55904

    Value Estimation by Request
    View details
    2008 8 1/2 St
    Multifamily properties

    2008 8 1/2 St, Rochester, MN 55904

    Value Estimation by Request
    93,600 sqft 6.55 AC lot
    View details
    1902 1/2 St
    Residential income properties

    1902 1/2 St, Rochester, MN 55904

    Value Estimation by Request
    93,600 sqft 5.45 AC lot
    View details
    5231 Frontage Rd
    Residential income properties

    5231 Frontage Rd, Rochester, MN 55901

    Value Estimation by Request
    8,934 sqft 1.00 AC lot
    View details
    540 Northern Hills Dr
    Residential income properties

    540 Northern Hills Dr, Rochester, MN 55906

    Value Estimation by Request
    800 sqft
    View details
    1901 26Th Ave
    Multifamily properties

    1901 26Th Ave, Rochester, MN 55901

    Value Estimation by Request
    25,000 sqft 2.04 AC lot
    View details

    Rochester, MN Apartment Buildings Market Trends and Statistics

    Explore 13 apartment buildings for sale in Rochester, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 79,576 square feet of properties for sale.

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    Demographics Overview

    Population 134K
    Population Growth (5Y) +6.8%
    Median Household Income $93,545
    College Educated 50.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $34.32 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Olmsted County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Rochester fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Rochester, MN

    • 55904
    • 55902
    • 55906

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