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Three-Unit Multifamily Property
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11 11th Avenue Southwest, Rochester, MN 55902

Triplex near downtown with rentable rear parking and documented demand from Mayo employees.

Property SizeContact for details
Days on Market49

Property Features for 11 11th Avenue Southwest

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 2BR/1BA, 1 x studio
Multifamily Units 3

Building Details

Buildings 1
Units 3
Listing Agency: LOAM Commercial Real Estate
Listed By: Jay Christenson · License #MN 8272275
Source: Crexi
Added: Jul 15 Changed: Aug 30 Last Checked: Aug 30 at 9:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LOAM Commercial Real Estate

Investment Insights

Based on property information with market context.

This three-unit residential income property includes a top-floor apartment with three bedrooms and one-and-a-half baths, plus a main-level apartment offering two bedrooms and one bath. A lower-level studio is also part of the configuration, with additional unit details not specified here.

The property is located near downtown Rochester, Minnesota, and includes rentable parking spaces at the rear of the building. Six of the eight spaces are currently rented, and the parking is sought after by Mayo employees. The address is 11 11th Avenue Southwest, Rochester, MN 55902.

Key Highlights

  • Three‑unit property near downtown Rochester
  • Top unit has 3 bedrooms and 1 1/2 baths
  • Main‑level unit includes 2 bedrooms and 1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic Locksmith Tech Support Center Restaurant

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,278
Businesses Nearby

Demographics for 55902, MN

25,878
Population
11,954
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
41.1 sq mi
ZIP Area
630
Density / Sq Mi
$111,879
Median Household Income
$68,869
Median Earnings
$1,580
Median Rent
$430,100
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?
Triplex - Triplex near downtown with rentable rear parking and documented demand from Mayo employees.
Where is this triplex located?
The property is located at 11 11th Avenue Southwest Rochester, MN.
What are key features of this property?
This property features: Three‑unit property near downtown Rochester; Top unit has 3 bedrooms and 1 1/2 baths; Main‑level unit includes 2 bedrooms and 1 bath
(507) 251-4853 Call to check price and availability
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