115 6th Street NW, Rochester, MN 55901
- Added:
- May 19, 2026
- Days on Market:
- 44
- Last Refresh:
- Jul 1 at 7:06 am
Property Features for 115 6th Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 3, Basement, Bedroom 3, Bathroom 1, Bathroom 2
- Parking features
- Garage - Detached
- Exterior features
- Metal
- Standard status
- Pending
- APN
- 743513015818
- Size
- 1,550 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3668
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Roof type
- Shingle
Listing agent Jason Carey (952) 829-2900
Listing office Re/Max Results 4123 26th St NW, Eden Prairie, MN (507) 288-1111
Listing date May 19, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with two separate units in Rochester’s Lowertown district
- Detached 2‑car garage with off‑street parking
- Forced‑air heating and shingle roof
- Built in 1900 (metal exterior)
- Includes basement plus 3 bedrooms and 3 bathrooms across the property
Overview
Located at 115 6th Street NW in Rochester, the property is described as being in the Lowertown District, with downtown Rochester accessible by a short walk. The remarks also reference nearby restaurants and boutique shopping, as well as a newly planned Mayo Hospital in the area.
For tenants seeking independent living within a duplex configuration, the two-unit layout can support privacy and separate household needs. For buyers, the property’s duplex structure provides flexibility to live in one unit and lease the other, supported by the presence of two separate units and dedicated off-street parking via the detached garage.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $16.20 |
| − Vacancy | −$1.3k | −$0.81 |
| EGI | $23.9k | $15.39 |
| − OpEx | −$7.2k | −$4.62 |
| NOI | $16.7k | $10.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.465321
- Latitude
- 44.02977
