712 8th Avenue SE, Rochester, MN 55904
MULTI_FAMILY - Rochester, MN
- Added:
- May 23, 2026
- Days on Market:
- 40
- Last Refresh:
- Jul 1 at 7:06 am
Property Features for 712 8th Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4
- Exterior features
- Aluminum Siding
- Standard status
- Active
- APN
- 640124005760
- Size
- 1,428 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3816
Utilities
- Heating system
- Forced Air, Baseboard
Building Details
- Year built
- 1920
Listing agent Jason Zubay (612) 600-6000
Listing office Real Broker, LLC. 2355 Hwy 36 W, St. Paul, MN (646) 859-2368
Listing date May 23, 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
- Turnkey duplex built in 1920 with aluminum siding and forced‑air and baseboard heat
- Lower unit currently rented for $1,160/month
- Upper unit is vacant; previously rented for $955/month
- Updated kitchens and bathrooms in both units
- Separate laundry for each unit and separately metered electric
- Owner pays water/sewer averaging about $65/month; tenants pay their own electric
Overview
The duplex is located at 712 8th Avenue SE in Rochester, MN (Olmsted County). The lot size is 0.151 acres, and the total property size is 1,428 square feet.
From an ownership-management standpoint, operating costs are designed to stay light. Tenants pay their own electric, while the owner is responsible for water/sewer, reported to average approximately $65 per month. With a manageable two-unit layout and unit-level utilities and laundry, this property can suit an owner-occupant looking to place a tenant in the vacant unit or an investor seeking a duplex with existing rental history and practical, tenant-friendly updates.
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 | $23.1k | $16.20 |
| − Vacancy | −$1.2k | −$0.81 |
| EGI | $22.0k | $15.39 |
| − OpEx | −$6.6k | −$4.62 |
| NOI | $15.4k | $10.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.452111
- Latitude
- 44.015559
