Rare mixed-use investment opportunity in the heart of downtown Rushford! Fully renovated in 2013, including major updates to the plumbing, electrical, bathrooms, and utilities, this well-maintained property offers exceptional versatility and income potential. The main level features a vacant commercial space that was most recently operated as a coffee shop and café, complete with a kitchen, drive through, pressed-tin ceilings, beautiful inside seating area, and sidewalk café seating, making it ready for your next business venture or tenant.
The property also includes three residential units: a one-bedroom, one-bath unit, a two-bedroom, one-bath unit, and a three-bedroom, one-bath unit, providing immediate rental income from three occupied residential units while you lease or occupy the commercial space. Whether you're an investor or an entrepreneur, this is a rare opportunity to own a character-filled, income-producing property in the heart of downtown Rushford.
Active
$330,000
116 W Jessie St, Rushford, MN 55971
6beds
4baths
3,929sqft
:
Get pre-qualified$2,156/mo
Triplex
Built in 1890
-- sqft lot
$322,000 Zestimate®
$84/sqft
$-- HOA
What's special
Beautiful inside seating areaThree-bedroom one-bath unitTwo-bedroom one-bath unitOne-bedroom one-bath unitPressed-tin ceilings
- 8 days |
- 280 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Trein Benbenek 715-401-0848,
Mosaic Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7111035
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: Other
Interior area
- Total structure area: 3,929
- Total interior livable area: 3,929 sqft
- Finished area above ground: 3,929
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Reduced Height Counters, Partially Wheelchair
Features
- Levels: Two
Lot
- Size: 6,882 Square Feet
- Dimensions: 50 x 140
Details
- Foundation area: 2200
- Parcel number: TBD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Stevens Add
Location
- Region: Rushford
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $94,900
- Annual tax amount: $1,182
- Date on market: 7/16/2026
- Cumulative days on market: 6 days
Estimated market value
$322,000
$306,000 - $338,000
$2,287/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $330,000+441%$84/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7111035 Report a problem | ||
| 1/16/2014 | Sold | $61,000$16/sqft |
Source: Public Record Report a problem | ||
| 7/29/2013 | Sold | $61,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,182 -0.3% | $94,900 +43.8% |
| 2024 | $1,186 -0.7% | $66,000 -0.3% |
| 2023 | $1,194 -23.8% | $66,200 -0.2% |
| 2022 | $1,568 -0.9% | $66,300 -21.5% |
| 2021 | $1,582 +3.3% | $84,500 +3.9% |
| 2020 | $1,532 -1.3% | $81,300 +9.3% |
| 2019 | $1,552 +45.9% | $74,400 |
| 2018 | $1,064 | $74,400 -0.8% |
| 2017 | $1,064 | $75,000 |
| 2016 | $1,064 | $75,000 +6.7% |
| 2015 | $1,064 | $70,300 -2.1% |
| 2014 | $1,064 | $71,800 +65.8% |
| 2013 | $1,064 -1.8% | $43,300 |
| 2012 | $1,084 | $43,300 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55971
Nearby schools
GreatSchools rating
- 6/10Rushford-Peterson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Rushford-Peterson Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Rushford-Peterson Senior High SchoolGrades: 9-12Distance: 0.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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