Rochester Duplex with Two
215 6th Street NW Rochester, MN 55901
New
215 6th Street NW, Rochester, MN, 55901
$295,000
For Sale
$295,000
MULTI_FAMILY - Rochester, MN
Property Size1,366 SF
Lot Size0.13 Acres
Price / SF$215.96
Days on Market3
Property Features for 215 6th Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Basement, Bedroom 3, Bathroom 1
- Parking features
- Garage - Detached, Driveway, Covered
- Exterior features
- Wood
- 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
Building Details
- Year built
- 1900
- Building materials
- Stone
Listing agency
Re/Max Results
(507) 288-1111
Listed by
Robin Gwaltney
(952) 829-2900
Added: Jul 19 Updated: Jul 21 at 12:49AM Checked: Jul 21 at 10:06PM
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.
Investment Insights
Based on property information with market context.
This Rochester duplex offers two separate units, each with 2 bedrooms and 1 bathroom. The main-floor unit provides interior living space with an enclosed front porch, while the upper unit includes access to an outdoor deck. Shared laundry is available in the basement, and off-street parking is located behind the property.
The property is situated near downtown and Mayo Clinic in Rochester, MN.
Recent improvements completed in 2025 include a new roof, siding, windows, and furnace, updating key exterior and mechanical components.
The property is situated near downtown and Mayo Clinic in Rochester, MN.
Recent improvements completed in 2025 include a new roof, siding, windows, and furnace, updating key exterior and mechanical components.
Key Highlights
- 1900‑built Rochester duplex with 2 separate units, each with 2 bedrooms and 1 bathroom
- Significant 2025 improvements: new roof, siding, windows, and furnace
- Enclosed front porch, plus upper unit access to an outdoor deck
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 | $22.1k | $16.20 |
| − Vacancy | −$1.1k | −$0.81 |
| EGI | $21.0k | $15.39 |
| − OpEx | −$6.3k | −$4.62 |
| NOI | $14.7k | $10.77 |
1,366 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$210.2K
$184.0K – $245.3K
NOI $14,716 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$184.5K
$161.4K – $215.3K
NOI $12,915 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$526.1K
$460.4K – $613.8K
NOI $36,828 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex features two separate 2-bedroom, 1-bath units with shared basement laundry and off-street 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 $295,000.
What are key features of this property?
This property features: 1900‑built Rochester duplex with 2 separate units, each with 2 bedrooms and 1 bathroom; Significant 2025 improvements: new roof, siding, windows, and furnace; Enclosed front porch, plus upper unit access to an outdoor deck
