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$259,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,540 Sq. Ft.
  • 1 Car Garage
  • Updated 8 hours ago
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Turnkey Investment and Charming Place to Call Home! This exceptionally well-cared-for home offers complete peace of mind with major structural updates already taken care of-including a NEW ROOF SHINGLES AND GUTTERS(2023), NEW FURNACE (2025) and NEW A/C (2026), NEW WATER HEATER(2026). FULL BASEMENT REMODEL(2019) INCLUDES ANOTHER BATHROOM W/ SHOWER Designed to be low-maintenance and easy to care for, this property is ideal for effortless living. Equipped with an active rental license and home to conscientious, long-term tenants, it presents a seamless, ready-to-go opportunity for investors. Whether you are looking to expand your rental portfolio or searching for a solid, comfortable home of your own, this move- in-ready property is a fantastic find. Situated in an ideal SW location with easy access to downtown. A short walk to the City Trails with scenic views along the river to Maywood or to Silver Lake Park and the downtown area. Walk to the grocery stores, coffee shops and some of the best local restaurants in town. A great find at an affordable price.

Full Property Details for 1438 2nd Ave SW

General

  • Price: $259,900
  • Taxes: $2,904 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7148328
  • Updated: 9/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen
  • Formal Dining Room: Eat In Kitchen
  • Laundry: In Basement, In Basement

Additional Information

  • Amenities: Ceiling Fan(s), Kitchen Window, Natural Woodwork, Washer/Dryer Hookup

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Location

  • County: Olmsted
  • Township: Rochester
  • Subdivision: Grahams 2nd Add
  • Driving Directions: 16th St SW to 2nd Ave SW, home on right

School Information

  • School District: 535 - Rochester
  • High School District: Rochester
  • Elementary School: Ben Franklin
  • Middle School: Willow Creek
  • High School: Mayo

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Finished, Full, Storage Space
  • Foundation Size: 952
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 1,540
  • Above Ground: 952 Sq. Ft.
  • Below Ground: 952 Sq. Ft.
  • Finished Down/Base.: 1,904 Sq. Ft.
  • Year Built: 1958

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: Irregular
  • Frontage: City Street, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Irregular Lot, Medium Tree Coverage
  • Fencing (Description): Partial, Privacy

Financial Considerations

  • Tax Amount: $2,904
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: SECT-11 TWP-106 RANGE-014 GRAHAMS 2ND ADD LOT-003 BLOCK-002 LOT 3 BLK 2
  • Property ID: 641113008741

Listed by Re/Max Results

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— 1438 2nd Ave SW —

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Schools serving 1438 2nd Ave SW

School District:Rochester Public School District
NameGradesDistance
Franklin Elementary School, Rochester, MN
1801 9th Avenue Southeast, Rochester, MN 55904
PK-50.9 mi
Mayo Senior High School
1420 11th Avenue Southeast, Rochester, MN 55904
9-120.9 mi
Willow Creek Middle School
2425 11th Avenue Southeast, Rochester, MN 55904
6-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1438 2nd Ave SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2026
Listed
$259,900
167.94%
MLS
11/20/2014
Sold
$97,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1438 2nd Ave SW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,904
24%
$207,700
2%
2024
$2,344
9%
$203,400
—
2023
$2,148
—
$202,500
35%
2023
$2,148
31%
$150,100
7%
2021
$1,642
8%
$140,200
10%
2020
$1,516
7%
$127,600
5%
2019
$1,412
—
$121,100
4%
2019
$1,412
8%
$116,800
38%
2017
$1,302
—
$84,800
19%
2017
$1,302
16%
$71,000
3%
2016
$1,120
—
$69,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1438 2nd Avenue SW, Rochester, MN 55902 (MLS# 7148328) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1438 2nd Avenue SW is currently listed for $259,900 and was received on September 23, 2026. Want to learn more about 1438 2nd Avenue SW? Do you have questions about finding other Single Family real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.

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