Renovated Furnished Apartment
For Sale
Contact for pricing
431 3rd Ave SE, Rochester, MN 55904
Updated, furnished units include utilities and WiFi, with transit and trails nearby.
Property SizeContact for details
Days on Market143
Property Features for 431 3rd Ave SE
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
19 x studio, 6 x Micro apartment
Multifamily Units
25
Additional Details
Furnished
Yes
Public Transit
Yes
Amenities
enclosed grassy area
Building Details
Year Renovated
2019
Buildings
1
Listing Agency:
Realty Growth Incorporated
(507) 289-8000
Listed By:
Robert Bucky Beeman · License #MN 40149580
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:43AM
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.
The Beacon is a 25-unit apartment building at 431 3rd Ave SE in Rochester, Minnesota, comprising 19 studios and 6 micro apartments. Every residence is furnished and was renovated in 2019, with refreshed flooring, bathrooms, kitchens, appliances, countertops, and tile backsplashes. Utility service and WiFi are included with rent. A fenced grassy area provides shared outdoor space.
The property is within one mile of downtown, multiple parks, and bike and walking trails. Mayo Clinic Park and Ride is nearby, and a bus stop is located directly at the front entrance. The sale is part of a five-property apartment portfolio, with individual or combined acquisition under consideration.
The property is within one mile of downtown, multiple parks, and bike and walking trails. Mayo Clinic Park and Ride is nearby, and a bus stop is located directly at the front entrance. The sale is part of a five-property apartment portfolio, with individual or combined acquisition under consideration.
Key Highlights
- 25‑unit apartment building with 19 studios and 6 micro apartments
- All units furnished and renovated in 2019
- Renovated kitchens include new appliances, countertops, and tile backsplashes
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
Location Intelligence
Trade Area within ½ mile
7,379
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated, furnished units include utilities and WiFi, with transit and trails nearby.
Where is this apartment building located?
The property is located at 431 3rd Ave SE Rochester, MN.
What are key features of this property?
This property features: 25‑unit apartment building with 19 studios and 6 micro apartments; All units furnished and renovated in 2019; Renovated kitchens include new appliances, countertops, and tile backsplashes
