Renovated Multifamily with Furnished
For Sale
Contact for pricing
1600 Marion Rd SE, Rochester, MN 55904
Renovated into 12 furnished units with kitchens, plus off-street parking and a 936-SF garage for added utility.
Property SizeContact for details
Days on Market124
Property Features for 1600 Marion Rd SE
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Furnished
Yes
Multifamily Units
12
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 22 at 5:05AM
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 renovated motel has been converted into a 12-unit multifamily property. The mix includes nine studios, two micro units, and one two-bedroom apartment. Each unit is fully furnished, with utilities and WiFi included in the monthly rent, and each unit features a kitchen with an apartment-size refrigerator and range. The two-bedroom unit also offers a large lower-level living space.
The building provides front-door off-street parking. A 936-SF garage is included on-site and can support maintenance items or be rented for additional income. The property is described as being on a bus line, and downtown Rochester is about a 10-minute drive.
Operationally, the property is described as being easily managed, with a well-built block basement providing access to plumbing and electrical. Tenants currently have the option of month-to-month leases or traditional lease agreements. The sale is part of a portfolio that includes four other apartment buildings, with a preference for selling all together.
The building provides front-door off-street parking. A 936-SF garage is included on-site and can support maintenance items or be rented for additional income. The property is described as being on a bus line, and downtown Rochester is about a 10-minute drive.
Operationally, the property is described as being easily managed, with a well-built block basement providing access to plumbing and electrical. Tenants currently have the option of month-to-month leases or traditional lease agreements. The sale is part of a portfolio that includes four other apartment buildings, with a preference for selling all together.
Key Highlights
- Renovated motel converted into 12 furnished apartment units: 9 studios, 2 micro units, and 1 two‑bedroom
- Monthly rent includes utilities and WiFi for each unit; kitchens include an apartment‑size refrigerator and range
- Two‑bedroom unit includes a large lower level living space
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 55904, MN
29,813
Population
12,984
Households
2.3
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
60.1 sq mi
ZIP Area
496
Density / Sq Mi
$76,434
Median Household Income
$47,250
Median Earnings
$1,253
Median Rent
$237,200
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 - Renovated into 12 furnished units with kitchens, plus off-street parking and a 936-SF garage for added utility.
Where is this apartment building located?
The property is located at 1600 Marion Rd SE Rochester, MN.
What are key features of this property?
This property features: Renovated motel converted into 12 furnished apartment units: 9 studios, 2 micro units, and 1 two‑bedroom; Monthly rent includes utilities and WiFi for each unit; kitchens include an apartment‑size refrigerator and range; Two‑bedroom unit includes a large lower level living space
