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Apartment Building with Historic Details
For Sale
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Pending

730 5th St SW, Rochester, MN 55902

Classic studio, one-, and two-bedroom units with original architectural features, positioned near major medical employers.

Property Size12,668 SF
Days on Market79

Property Features for 730 5th St SW

General Information

Standard status Pending
Size 12,668 SF
Property subtype Multifamily
Zoning R-1 Mixed Use Single Family
Investment Type Stabilized

Building Details

Year Built 1928
Buildings 1
Stories 3
Units 15
Tenancy Multi
Listing Agency: Realty Growth Incorporated
Listed By: Dylan Carty · License #MN 40372226
Source: Crexi
Added: Jun 4 Changed: Aug 8 Last Checked: Jul 24 at 7:42AM

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.

730 5th St SW is a classic apartment building with studio, one-, and two-bedroom layouts. Units feature hardwood floors, crown molding, large windows, and original architectural details that give the property a distinct character compared with newer construction.

The building is located in Rochester’s historic southwest “Pill Hill” neighborhood, with proximity to Mayo Clinic, St. Mary’s Hospital, and downtown Rochester. This positioning places the property near major healthcare and employment destinations.

As a residential income asset, the mix of studio through two-bedroom units supports a range of household needs while retaining the same period-inspired finishes throughout the building. For buyers and operators, the combination of classic interiors and a medically oriented location may appeal to tenants seeking established charm in a walkable part of Rochester close to prominent care providers.

Key Highlights

  • Built in 1928, this classic apartment building offers studio, one- and two‑bedroom units
  • Units feature hardwood floors, crown molding, large windows, and original architectural details
  • Located in Rochester’s historic southwest “Pill Hill” neighborhood

Property Analytics

Current Use

Pill Hill Apartments Real Estate Agency

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,668
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Classic studio, one-, and two-bedroom units with original architectural features, positioned near major medical employers.
Where is this apartment building located?
The property is located at 730 5th St SW Rochester, MN.
What are key features of this property?
This property features: Built in 1928, this classic apartment building offers studio, one- and two‑bedroom units; Units feature hardwood floors, crown molding, large windows, and original architectural details; Located in Rochester’s historic southwest “Pill Hill” neighborhood
(507) 272-8049 Call to check price and availability
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