730 5th Street SW, Rochester, MN 55902 - Photo 1

1/1

$1,940,000

Sold
Closed
Commercial
0.12 Acres

1/1

Property Description

Located in Rochester's Historic Southwest "Pill Hill" neighborhood, 730 5th St SW is a classic apartment building offering timeless character in one of the city's most walkable and supply-constrained submarkets. The property features studio, one- and two-bedroom units highlighted by hardwood floors, crown molding, large windows, and original architectural details that differentiate it from newer construction. Positioned just steps from Mayo Clinic, St. Mary's Hospital, and downtown Rochester, the property benefits from consistent rental demand driven by one of the strongest healthcare economies in the country. Rochester's continued population growth and the ongoing Destination Medical Center initiative further reinforce long-term housing stability and upside potential. With its irreplaceable location, historic charm, and durable demand drivers, 730 5th St SW represents a stable multifamily asset in the heart of a growing medical hub.

Full Property Details

Full Property Details for 730 5th St SW

General

Sold For: $1,940,000
Taxes: $25,254 (2025)
Status: Closed
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 7087050
Added to Site: 80 day(s) ago

Parking

Garage: Yes
Garage Spaces: 5
Parking Features: Parking Garage

School Information

School District: 535 - Rochester
High School District: Rochester

Heating & Cooling

Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)
Utility Description: Electric Separate, Heating Separate, Hot Water Separate

Financial Considerations

Tax Amount: $25,254
Tax Year: 2025

Disclosures and Reports

Legal Description: SECT-02 TWP-106 RANGE-014 HEAD AND MCMAHON ADD LOT-001 BLOCK-025 N52FT LOTS 1 AND 2 BLK 25
Inclusions: Building
Property ID: 640222009639

Listed by Realty Growth Inc.
Sold by Progressive Real Estate

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Listing agents

— 730 5th St SW —

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Schools

Schools serving 730 5th St SW

School District:Rochester Public School District

Name	Grades	Distance
Folwell Elementary School 603 15th Avenue Southwest, Rochester, MN 55902	PK-5	0.6 mi
Mayo Senior High School 1420 11th Avenue Southeast, Rochester, MN 55904	9-12	1.7 mi
John Adams Middle School 1525 31st Street Northwest, Rochester, MN 55901	6-8	2.7 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 730 5th St SW

Date

Details

Price

Change

Source

7/20/2026

Sold

$1,940,000

-1.77%

MLS

6/04/2026

Listed

$1,975,000

—

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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Beds
6
Total Baths
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Sq. Ft.

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Sold

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6
Beds
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Total Baths
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Sq. Ft.

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730 5th Street SW, Rochester, MN 55902 (MLS# 7087050) is a Commercial property that was sold at $1,940,000 on July 20, 2026. Want to learn more about 730 5th Street SW? Do you have questions about finding other Commercial real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.

730 5th St SW Rochester, MN 55902