Sold
Last Sold Price
3,135 sqft$96/sqft
1229 4 1/2 St NW, Rochester, MN 55901
ApartmentProperty Type
1959Year Built
$96/sq ftPrice per sq ft

Description

Great investment opportunity in this 6 unit commercial rental! 5 units are 1 bedroom and the last one is an efficiency. Unit 3 is pictured and includes new carpet and paint! Off street parking and secure entry.Great investment opportunity in this 6 unit commercial rental! 5 units are 1 bedroom and the last one is an efficiency. Unit 3 is pictured and includes new carpet and paint! Off street parking and secure entry.
Listing closed: 01/31/2020 12:00 AM • Source: NorthStar, MLS#: 5348850

Recent comparable sales

Median sold price

$325,000

Avg days on market

56

Sale-to-list ratio

93.1%

Rochester, MN

9 comparable properties found

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Bathrooms
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Square Feet
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Acres
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$362,000 | 1015 12th Street Northwest, Rochester, MN 55901
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Unavailable
Bedrooms
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Square Feet
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Acres

Location

Sold By Realty Growth Management Inc.

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Principal and Interest

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Property Taxes

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Property Information for 1229 4 1/2 Street Northwest

Property Details
  • Taxes: $4,570 / year
  • MLS Type: Commercial Sale / Apartment
  • Lot Size: 0.13 AC / 5,662 SF
  • Subdivision Name: Cascade Plaza-Torrens
  • Zoning Jurisdiction: Business/Commercial
Building Information
  • Residences: 6
  • Year Built: 1959
  • Lot Size: 0.13 AC / 5,662 SF
Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: Off of Civic Center Drive going West turn left onto 11th Ave NW, and then turn right at the 1st cross street onto 1 1/2 St NW.
  • Latitude: 44.02785479
  • Longitude: -92.48157636
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Rochester
  • City and Location Text: Rochester(MN)
  • Postal Code: 55901
  • State Or Province: MN
  • Public Survey Township: 107
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 743441003113
  • Tax Annual Amount: $4,570.00
  • Tax Legal Description: SECT-34 TWP-107 RANGE-014 CASCADE PLAZA-TORRENS LOT-009 BLOCK-001 LOT 9 BLK 1
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2019
  • Tax With Assessments: 4570.0000
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 0.13
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 3135.0
Property and Assessments
  • Age Of Property: 65
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1140.0
  • Fuel: Natural Gas
  • Roof: Composition
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Type: Finished
  • Amenities Unit: Kitchen Window,Walk-In Closet
  • Cooling: Wall Unit(s)
  • Heating: Hot Water
  • Number of Refrigerator: One Per Unit
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 4
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Number: 5
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 4
  • Unit Type Actual Rent: $625.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Number: 6
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 4
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: BEGND
  • Unit Number: 2
Unit 4
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 0
  • Unit Level: MAIN
  • Unit Number: 4
Unit 5
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Is Leased: 0
  • Unit Level: BEGND
  • Unit Number: 1
Unit 6
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 4
  • Unit Type Actual Rent: $450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 0
  • Unit Level: MAIN
  • Unit Number: 3

Property History for 1229 4 1/2 Street Northwest

DateEvent & SourcePriceAppreciation
Jan 31, 2020

Sold

NorthStar #5348850

$300,000
Jan 22, 2020

Sold (Public Record)

Public Record #1367196499

$300,000

+8.3% / yr

Jan 17, 2020

Pending

NorthStar #5348850

DateEvent & SourcePrice
01/31/2020

Sold

NorthStar #5348850

$300,000
01/22/2020

Sold (Public Record)

Public Record #1367196499

$300,000

+8.3% / yr

01/17/2020

Pending

NorthStar #5348850

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1229 4 1/2 Street Northwest

Taxable ValueLand$81,000Additions$349,600Total$430,600
Tax Record2026$1,490 ($124 / month)
Home Facts
Total Finished SqFt4,275 SqFtAbove Grade Finished SqFt3,420 SqFtFinished Basement SqFt855 SqFtLot Size5,576 SqFtStyleMulti-Family Res (5+ Units)Year Built1959Year Renovated1985CountyOLMSTEDAPN74.34.41.003113

Schools near 1229 4 1/2 Street Northwest

This home is within Rochester Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bishop Elementary School
PublicPK to 5

John Adams Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Washington Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 01/30/2024 11:24 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.