Charming Brick Multifamily
For Sale
Contact for pricing
855 1st St SW, Rochester, MN 55902
Brick apartment building with 19 fully furnished, restored units and month-to-month leasing with 30-day cancellation notice.
Property SizeContact for details
Days on Market133
Property Features for 855 1st St SW
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Furnished
Yes
Multifamily Units
19
Building Details
Construction
brick
Listing Agency:
Realty Growth Incorporated
(507) 289-8000
Listed By:
Robert Bucky Beeman · License #MN 40149580
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:58PM
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 Realty Growth Incorporated
Investment Insights
Based on property information with market context.
This charming brick multifamily property offers 19 fully furnished apartments. The units have been restored, including new kitchen appliances and lots of storage, with original hardwood floors preserved where possible. The current owners emphasize hands-on management and report a well-kept property with few maintenance issues.
The building is located in Rochester’s Kutzky Park neighborhood, described as a quiet area with tree-lined streets and surrounding homes. It is approximately a three-minute walk to Mayo Clinics St Marys Campus, while downtown and the Mayo Clinic are less than a 10-minute walk.
Most units are rented on month-to-month leases with a 30-day cancellation notice. This sale is part of a portfolio that includes four other apartment buildings, with the owners preferring an all-at-once sale but willing to consider individual sales.
The building is located in Rochester’s Kutzky Park neighborhood, described as a quiet area with tree-lined streets and surrounding homes. It is approximately a three-minute walk to Mayo Clinics St Marys Campus, while downtown and the Mayo Clinic are less than a 10-minute walk.
Most units are rented on month-to-month leases with a 30-day cancellation notice. This sale is part of a portfolio that includes four other apartment buildings, with the owners preferring an all-at-once sale but willing to consider individual sales.
Key Highlights
- Brick apartment building with 19 fully furnished apartments in the Kutzky Park neighborhood
- Most units rented on month‑to‑month leases with 30‑day cancellation notice
- Apartments feature restored original hardwood floors and kitchens with new appliances and lots of storage
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
7,077
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick apartment building with 19 fully furnished, restored units and month-to-month leasing with 30-day cancellation notice.
Where is this apartment building located?
The property is located at 855 1st St SW Rochester, MN.
What are key features of this property?
This property features: Brick apartment building with 19 fully furnished apartments in the Kutzky Park neighborhood; Most units rented on month‑to‑month leases with 30‑day cancellation notice; Apartments feature restored original hardwood floors and kitchens with new appliances and lots of storage
