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Duplex with Two Two-Bed Units
For Sale
$295,000

215 6th Street NW, Rochester, MN 55901

MULTI_FAMILY - Rochester, MN

Property Size1,366 SF
Lot Size0.13 Acres
Price / SF$215.96
Days on Market14

Property Features for 215 6th Street NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1
Parking features Covered, Garage - Detached, Driveway
Exterior features Wood
Subdivision Northern Add
Lot features Tree Coverage - Light
Elementary school Harriet Bishop
Middle school John Adams
High school John Marshall
High school district Rochester
Directions Follow US-52 S to Civic Center Dr NW in Rochester. Take exit 56A from US-52 S Continue on Civic Center Dr NW. Drive to 6th St NW
Standard status Active
APN 743513015691
Size 1,366 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3592

Utilities

Heating system Forced Air

Amenities

enclosed front porch
outdoor deck
shared laundry

Building Details

Year built 1900
Building materials Stone
Listing Agency: Re/Max Results · RE/MAX International
Listed By: Robin Gwaltney
Added: Jul 19 Changed: Aug 1 Last Checked: Aug 1 at 12:06PM
MLS# 7111855

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.

Investment Insights

Based on property information with market context.

This duplex offers two separate units, each configured with two bedrooms and one bathroom. One unit is set on the main floor, and the second occupies the upper level. An enclosed front porch provides usable seasonal space, and the upper unit includes access to an outdoor deck.

Shared laundry is available in the basement, and off-street parking is located behind the property with covered parking and a detached garage, along with driveway access. The exterior features include wood construction materials with stone noted in the construction materials, and heating is forced air.

Recent significant improvements completed in 2025 include a new roof, siding, windows, and furnace, supporting a low-maintenance ownership approach for either an owner-occupant or a rental-focused buyer. The property is situated on a 0.13-acre lot and includes 1,366 square feet.

Key Highlights

  • Two separate units in a duplex setup: one on the main floor and one on the upper level
  • Each unit offers two bedrooms and one bathroom
  • Enclosed front porch plus upper‑level outdoor deck

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 $22.1k $16.20
− Vacancy −$1.1k −$0.81
EGI $21.0k $15.39
− OpEx −$6.3k −$4.62
NOI $14.7k $10.77
1,366 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$210.2K
$184.0K – $245.3K (±1% cap)
NOI $14,716 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$184.5K
$161.4K – $215.3K (±1% cap)
NOI $12,915 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$526.1K
$460.4K – $613.8K (±1% cap)
NOI $36,828 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Catering Service Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

892
Businesses Nearby

Demographics for 55901, MN

58,046
Population
24,852
Households
2.3
Avg Household Size
36
Median Age
50%
College-Educated
94%
High-School Grad
33.1 sq mi
ZIP Area
1,754
Density / Sq Mi
$90,430
Median Household Income
$52,778
Median Earnings
$1,321
Median Rent
$290,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two separate units each with two bedrooms and one bath, plus an enclosed front porch and shared basement laundry.
Where is this duplex located?
The property is located at 215 6th Street NW Rochester, MN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two separate units in a duplex setup: one on the main floor and one on the upper level; Each unit offers two bedrooms and one bathroom; Enclosed front porch plus upper‑level outdoor deck
More about this property
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