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    24 10Th St NW Rochester, MN 55901

    For Sale
    $290,000

    Duplex near downtown Rochester with long-term lease and Airbnb.

    Property size:
    2,360 SF
    Lot size:
    0.14 Acres

    Property Features for 24 10Th St NW

    General Information

    Size
    2,360 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1923

    Source: Keller Williams Premier Realty Agent Matthew Gove

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex Near Mayo Clinic

    This income-producing duplex is located blocks from Downtown Rochester and the Mayo Clinic, in the Lowertown neighborhood. The property includes two units: one with a long-term lease and the other operating as an Airbnb, offering cash flow potential. The property also features a detached two-car garage, currently utilized as shop space by a local business, generating additional rental income. The property is suitable for investors or owner-occupants looking to offset expenses, offering walkability, income diversity, and long-term growth potential in Rochester’s Lowertown neighborhood. The property size is 2360 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4642151
    Latitude
    44.0330123

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    FAQs

    What type of property is this?
    Duplex - Duplex near downtown Rochester with long-term lease and Airbnb.
    Where is this duplex located?
    The property is located at 24 10Th St NW Rochester, MN.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Prime location blocks from Downtown Rochester and Mayo Clinic.; - Income-producing duplex with one unit leased long-term and the other operating as a successful Airbnb.; - Additional rental income from a detached two-car garage utilized as shop space.
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    24 10Th St NW Rochester, MN 55901
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    Rochester, MN 55901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 10Th St NW Rochester, MN 55901
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