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Two-Unit Duplex with Outdoor Deck
For Sale
$285,000

215 6th Street NW, Rochester, MN 55901

Residential Income, Rochester, MN

Property Size1,366 SF
Lot Size0.13 Acres
Price / SF$208.64
Days on Market94

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, Laundry Room, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3
Parking features Driveway, Garage - Detached, Covered
Patio and Porch features Porch
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
off street parking

Building Details

Year built 1900
Building materials Stone
Listing Agency: Re/Max Results · RE/MAX International
Listed By: Robin Gwaltney
Added: Jul 19 Changed: Oct 17 Last Checked: Oct 20 at 3:06PM
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.

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Investment Insights

Based on property information with market context.

This 1,366-square-foot duplex contains two residences on a 0.13-acre parcel. The main-floor and upper-level units each have two bedrooms and one bathroom. An enclosed front porch serves the property, and the upper residence also has an outdoor deck. Basement laundry is shared. Parking includes a detached garage, driveway, and covered spaces. The stone building dates to 1900, with a new roof, siding, windows, and furnace installed in 2025.

At 215 6th Street NW in Rochester, the property is near downtown and Mayo Clinic. The configuration places one unit on each of the building’s two residential levels.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,366 square feet on a 0.13‑acre parcel
  • 2025 improvements: roof, siding, windows, and furnace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,716
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,320 $294.3K
Cap Rate 7%
$210,229 $210.2K
Cap Rate 9%
$163,511 $163.5K
Market Conditions
NOI Build-Up for 1,366 SF
Gross rent
$22.1K $16.20/SF
− Vacancy
−$1.1K −$0.81/SF
EGI
$21.0K $15.39/SF
− OpEx
−$6.3K −$4.62/SF
NOI
$14.7K $10.77/SF
Area
Rochester, MN
Vacancy
5.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,320
Cap Rate 7%
$210,229
Cap Rate 9%
$163,511

Alternative Uses

Best Use
Multifamily LT 5
$210.2K
$184.0K – $245.3K (±1% cap)
NOI $14,716 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$184.5K
$161.4K – $215.3K (±1% cap)
NOI $12,915 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$526.1K
$460.4K – $613.8K (±1% cap)
NOI $36,828 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,160
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate upper- and main-floor residences share basement laundry, with detached garage and driveway parking.
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 $285,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,366 square feet on a 0.13‑acre parcel; 2025 improvements: roof, siding, windows, and furnace
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