R-4 Multifamily Development
For Sale
Contact for pricing
615 3rd Ave SW, Rochester, MN 55902
Zoned R-4 multifamily site with approval for two six-plex apartment buildings.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market59
Property Features for 615 3rd Ave SW
General Information
Standard status
Active
Lot size
0.15 Acres
Property subtype
LAND
Listing Agency:
Hamilton Real Estate
(507) 261-4516
Listed By:
George Bayrd
(507) 261-4516
Source:
Moodyscre
Added: Jun 26
Changed: Aug 8
Last Checked: Jul 24 at 8:33AM
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 Hamilton Real Estate
Investment Insights
Based on property information with market context.
This 6,600 SF development site is zoned R-4 Multifamily and has approval for two (2) six-plex apartment buildings. The property is positioned for immediate development based on the approved project status.
The site is located just steps from Soldiers Field, with access to Downtown Rochester and Mayo Clinic just minutes away.
Utilities are indicated as available to the site (if applicable), supporting development planning for the approved multifamily configuration.
The site is located just steps from Soldiers Field, with access to Downtown Rochester and Mayo Clinic just minutes away.
Utilities are indicated as available to the site (if applicable), supporting development planning for the approved multifamily configuration.
Key Highlights
- 6,600 SF development site zoned R‑4 multifamily
- Approved for two (2) six‑plex apartment buildings
- Located just steps from Soldiers Field
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,358
Businesses Nearby
Explore this area
Business Placement
Demographics for 55902, MN
25,878
Population
11,954
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
41.1 sq mi
ZIP Area
630
Density / Sq Mi
$111,879
Median Household Income
$68,869
Median Earnings
$1,580
Median Rent
$430,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned R-4 multifamily site with approval for two six-plex apartment buildings.
Where is this residential land & home lot located?
The property is located at 615 3rd Ave SW Rochester, MN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 6,600 SF development site zoned R‑4 multifamily; Approved for two (2) six‑plex apartment buildings; Located just steps from Soldiers Field
