# 1316 2nd Street NW, Rochester, MN 55901

> **TL;DR:** 5bd/0ba other, $399,900 ($146/sqft), built 1939, 2,741 sqft. Est. $1,733/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $399,900 |
| Price/sqft | $146 |
| Bedrooms | 5 |
| Square Feet | 2,741 |
| Year Built | 1939 |
| Lot Size | 7,492 sqft (0.17 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 40 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,733 |
| **Total** | **$1,733** |

## Nearby Schools

- **Elementary:** Elton Hills
- **High:** John Marshall

## Property Highlights

- Built in 1939
- 0.17 acre lot

## Description

### Agent Description
Great location in historic Kutzke Park close to Mayo / St Mary’s complex and downtown with over 3000 ft.² This home has 5 bedrooms 3 baths and 2 kitchens currently used as short-term rental, but could easily be turned back to a single-family home or a duplex. Within the last year, a new roof, zero maintenance premium siding, high efficient HVAC/furnace and central air,  also main floor kitchen has been completely remodeled. Convenient parking with a 2 car garage, and driveway parking for 3. Utilities run about $400 per month with $45,840+ a year Gross income this place could be a gold mine for Clinic residence, multigenerational families, investors, or owner occupants looking for a good long term rental.
Basement has full kitchen, bedroom, den, living room, 3/4 bath, and common utility / laundry area.. Main floor has 2 bedrooms, full bath, and common kitchen and living room. Upstairs has 2 bedrooms and 3/4 bath. Rooms rent for $700 - 1,200/month depending on the time of the year.

## Location

- **Address:** 1316 2nd Street NW, Rochester, MN 55901
- **County:** Olmsted
- **Neighborhood:** Cascade Manor
- **Coordinates:** 44.025084, -92.484316
- **Google Maps:** https://www.google.com/maps?q=44.025084,-92.484316

## Listing Agent

- **Name:** Jim Armstrong
- **Brokerage:** Progressive Real Estate
- **Phone:** 5072883333
- **Email:** jim@searchprogressive.com

## Primary Photo

![1316 2nd Street NW - Primary Photo](http://lh.rdcpix.com/85def3e3406dca92ebc85f57638a5aedl-f3263501447r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/1316-2nd-street-nw-rochester-mn-55901-7028516)*

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**MLS#:** 7028516 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1316-2nd-street-nw-rochester-mn-55901-7028516)

---

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