Date
Details
Price
Change
Source
4/06/2026
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Fantastic investment opportunity in a convenient southwest Rochester location just minutes from Mayo Clinic, shopping, dining, and major roadways. This licensed duplex offers strong rental potential for both owner-occupants and investors alike. This property features two separate units with central air conditioning and new appliances, providing excellent income-producing possibilities or flexible living arrangements. Ideal for long-term rentals, traveling professionals, or housed-hacking opportunities. Extensive repairs and improvements have recently been completed, with additional updates currently in progress, offering buyers added value and continued property Don't miss your chance to own a multi-family property in a highly desirable rental market with consistent demand.
Full Property Details
Full Property Details for 603 23rd Ave SW
General
- Price: $300,000
- Taxes: $3,740 (2026)
- Status: Active
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7049727
- Updated: 4/7/2026
- Added to Site: 5 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement, Common Area, In Basement, Common Area
Additional Information
- Shared Amenities: Laundry, Deck, Porch
Exterior
- Porch/Patio/Deck: Covered, Porch
Location
- County: Olmsted
- Township: Rochester
- Subdivision: Hillcrest Sub
- Driving Directions: From west 2nd Street SW turn left (South) on 23rd Ave, home near top of hill on right side of street.
School Information
- School District: 1929 - Rochester
- High School District: Rochester
- Elementary School: Folwell
- Middle School: John Adams
- High School: Mayo
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Full
- Foundation Size: 819
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 1,638
- Above Ground: 1,638 Sq. Ft.
- Below Ground: 1,638 Sq. Ft.
- Finished Down/Base.: 3,276 Sq. Ft.
- Year Built: 1900
Unit Information
- Units w/Refrigerators: 2
Lot Features
- Lot Size (Acres): 0.109
- Lot Dimensions: 132 x 91
- Frontage: City Street, Paved Streets
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage
Financial Considerations
- Operating Expenses: $10,108
- Tax Amount: $3,740
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: All Utilities
- Tenant Pays: Cable TV, Trash Collection
- Pays Cable: Tenant Pays
- Pays Trash: Tenant Pays
Disclosures and Reports
- Legal Description: SECT-04 TWP-106 RANGE-014 HILLCREST SUB LOT-023 BEG AT A PT IN N LINE LOT 23 WH IS 139.3FT E OF NWCOR SD LOT TH E171.3FT TO CEN RD TH SWLY AL CEN RD 92.2FT TH W150.9FT TH N90FT TO BEG
- Property ID: 640414042631
Listed by Keller Williams Premier Realty
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Schools
Schools serving 603 23rd Ave SW
School District:Rochester Public School District
| Name | Grades | Distance |
|---|---|---|
Folwell Elementary School 603 15th Avenue Southwest, Rochester, MN 55902 | PK-5 | 0.7 mi |
Mayo Senior High School 1420 11th Avenue Southeast, Rochester, MN 55904 | 9-12 | 2.8 mi |
John Adams Middle School 1525 31st Street Northwest, Rochester, MN 55901 | 6-8 | 2.8 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 603 23rd Ave SW
Tax History
Tax History for 603 23rd Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,258
6%
$213,000
—
2023
$3,076
—
$213,000
48%
2023
$3,076
27%
$144,100
—
2021
$2,418
-1%
$144,700
3%
2020
$2,448
9%
$140,400
8%
2019
$2,252
—
$130,100
12%
2019
$2,252
24%
$116,500
13%
2017
$1,812
—
$102,700
-9%
2017
$1,812
-12%
$113,300
3%
2016
$2,052
—
$110,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 603 23rd Ave SW
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- Single Family
- Active
- Updated 2 days ago
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- Lots/Land
- Active
- Updated 2 days ago
- 13.35Acres
Listed by PlatLabs, LLC
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- Updated 4 days ago
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Listed by Re/Max Results
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- Single Family
- Closed
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- 3Total Baths
- 2,056Sq. Ft.
Listed by Property Brokers of Minnesota
Sold by Real Broker, LLC.
Sold by Real Broker, LLC.
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,808Sq. Ft.
Listed by Hanan Absah
Sold by Goodir Realty Inc
Sold by Goodir Realty Inc
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- Closed
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- 3Total Baths
- 2,358Sq. Ft.
Listed by Bjorklund Realty, Inc.
Sold by Re/Max Results
Sold by Re/Max Results
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,080Sq. Ft.
Listed and Sold by Father Son Realty Team, LLC
603 23rd Avenue SW, Rochester, MN 55902 (MLS# 7049727) is a Duplex property with 4 bedrooms and 0 full bathrooms. 603 23rd Avenue SW is currently listed for $300,000 and was received on April 06, 2026. Want to learn more about 603 23rd Avenue SW? Do you have questions about finding other Duplex real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.