926 2nd Street NW, Rochester, MN 55901
MULTI_FAMILY - Rochester, MN
- Added:
- Mar 20, 2026
- Days on Market:
- 104
- Last Refresh:
- Jul 1 at 6:06 am
Property Features for 926 2nd Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4
- Parking features
- Garage - Detached
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 743533005235
- Size
- 2,016 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4846
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1915
Listing agent Travis Brevig (952) 829-2900
Listing office Re/Max Results 4123 26th St NW, Eden Prairie, MN (507) 288-1111
Listing date Mar 20, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2 two‑bedroom, one‑bath duplex units
- Off‑street parking available
- Detached garage for parking
- Forced‑air heating
- Vinyl exterior
- Built in 1915
Overview
Located in Rochester, Minnesota, the property at 926 2nd Street NW places tenants close to Saint Marys and Mayo Clinic. The surrounding area includes established residential and healthcare-driven demand, which can be practical for tenants who want convenient access to major employment and medical destinations.
This duplex can fit a range of ownership strategies, including owner-occupying one unit while leasing the other, or acquiring as part of an existing rental portfolio. The two-unit structure and on-site parking are commercially useful fundamentals for residential income buyers seeking a manageable multi-family asset in Rochester. For anyone evaluating residential income property in Olmsted County, this offering provides an uncomplicated duplex format with two-bedroom living space and dedicated off-street parking for day-to-day tenant convenience.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.7k | $16.20 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $31.0k | $15.39 |
| − OpEx | −$9.3k | −$4.62 |
| NOI | $21.7k | $10.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.47753
- Latitude
- 44.025101
