Don’t miss this rare opportunity to own a triplex just blocks from Downtown Rochester and the world-renowned Mayo Clinic. This classic triplex features three separate units and offers immediate flexibility for leasing, repositioning, or owner occupancy. It’s an ideal option for owner-occupants looking to offset housing expenses while building long-term equity or for an investor. Whether you’re seeking a strategic addition to your investment portfolio or a live-in/income property, 306 7th St NW delivers on walkability, diversified income potential, and long-term growth on the doorstep on Downtown Rochester.
Active
$339,000
306 7th St NW, Rochester, MN 55901
4beds
3baths
2,016sqft
Triplex
Built in 1916
-- sqft lot
$-- Zestimate®
$168/sqft
$-- HOA
What's special
Three separate units
- 1 day
- 228
- 22
Zillow last checked:
Listing updated:
Listed by:
Matt Gove 507-951-1147,
Realty Growth Inc.,
Dylan Carty 507-272-8049
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7166522
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Laundry: None
Features
- Basement: Egress Window(s),Finished,Single Tenant Access
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area above ground: 1,344
- Finished area below ground: 672
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
Lot
- Size: 6,316 Square Feet
- Dimensions: 126 x 50
- Features: Corner Lot
- Topography: Level
Details
- Foundation area: 672
- Parcel number: 743513015685
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Rochester Public Utilities
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Northern Add
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $210,100
- Annual tax amount: $3,500
- Date on market: 10/30/2026
- Tenant pays: Electricity, Fuel, Gas, Heat, Hot Water, Sewer, See Remarks, Water
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Listed for sale | $339,000+249.5%$168/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7166522 Report a problem | ||
| 6/12/2015 | Sold | $97,000+21.3%$48/sqft |
Source: Public Record Report a problem | ||
| 11/13/2009 | Sold | $80,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,114 +4.8% | $210,100 +13.6% |
| 2024 | $2,972 | $185,000 -4.8% |
| 2023 | -- | $194,300 +8.4% |
| 2022 | $2,538 +1.5% | $179,300 +18.1% |
| 2021 | $2,500 +3.6% | $151,800 +1.5% |
| 2020 | $2,412 +7.9% | $149,600 +15.9% |
| 2019 | $2,236 | $129,100 +7.2% |
| 2017 | $2,236 -27.6% | $120,400 +15.3% |
| 2016 | $3,088 | $104,400 +4.8% |
| 2015 | $3,088 +7.7% | $99,600 -0.6% |
| 2014 | $2,866 -32% | $100,200 -1.3% |
| 2012 | $4,212 | $101,500 +1.4% |
| 2011 | -- | $100,100 -2.4% |
| 2010 | $1,610 -0.3% | $102,600 |
| 2008 | $1,615 | $102,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lowertown
Nearby schools
Schools provided by the listing agent
- Elementary: Washington
- Middle: John Adams
- High: John Marshall
Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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