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9-Unit Apartment Building
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904 E Center St, Rochester, MN 55904

Fully occupied multifamily property with controlled entry, off-street parking, laundry facilities, and updated building systems.

Property Size5,785 SF
Lot Size0.26 Acres
Days on Market143

Property Features for 904 E Center St

General Information

Standard status Active
Size 5,785 SF
Lot size 0.26 Acres
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x Studio, 5 x 1BR/1BA, 2 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units 9

Additional Details

Public Transit Yes

Amenities

off-street parking
laundry
controlled access entrance
energy efficient windows

Building Details

Buildings 1
Listing Agency: Hamilton Real Estate Group
Listed By: Ari Kolas · License #MN MN
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:27PM

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 Group

Investment Insights

Based on property information with market context.

This 9-unit apartment building contains a mix of 1 studio, 5 one-bedroom/one-bath apartments, 2 two-bedroom/one-bath apartments, and 1 two-bedroom/two-bath apartment. The building measures 5,785 SF, while the total site encompasses 11,138 SF. Apartments are individually metered for electricity, with 10 meters serving the nine units and the building. Heating is provided by a hot water boiler system, and the electrical and plumbing systems have been upgraded to meet code.

Recent improvements include a new roof and energy-efficient boiler completed in 2019, parking lot paving and a new retaining wall completed in 2021, and new common-area flooring completed in 2023. Additional features include controlled access, laundry facilities, off-street parking, energy-efficient windows, and regularly updated flooring and appliances. The property is fully occupied and located near a bus stop, city parks, walking and biking trails, and Silver Lake.

Key Highlights

  • 9‑unit building with 1 studio, 5 one‑bedroom, and 3 two‑bedroom apartments
  • 5,785 SF building on an 11,138 SF site
  • Fully occupied with controlled‑access entrance, laundry, and off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Nail Salon Garden Center

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

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby

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

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

What type of property is this?
Apartment building - Fully occupied multifamily property with controlled entry, off-street parking, laundry facilities, and updated building systems.
Where is this apartment building located?
The property is located at 904 E Center St Rochester, MN.
What are key features of this property?
This property features: 9‑unit building with 1 studio, 5 one‑bedroom, and 3 two‑bedroom apartments; 5,785 SF building on an 11,138 SF site; Fully occupied with controlled‑access entrance, laundry, and off‑street parking
(507) 281-1002 Call to check price and availability
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