$394,900

305 5th Ave NW Rochester, MN 55901

$4,689
Closing credit¹
4 beds
1 full
1,854 sqft
$213 / sqft
House

Property details

About 305 5th Ave NW

Location, Location, Location!? Just five walking blocks from Mayo Clinic and one block from the subway system, this charming 4-bedroom, 2-bath home is the perfect place to call home—or an ideal investment opportunity! Whether you're looking to move in or rent it out, this property offers versatility and prime positioning. All four bedrooms are conveniently located on one level, and the home features main floor laundry and an attached heated 2-car garage for year-round comfort. And don’t miss the detached workshop—ready to become your dream man cave, cozy she-shed, or the ultimate gathering space. This is a rare opportunity in a highly sought-after location. You'll find plenty of storage space with a full basement and a third-floor attic. This home is full of personality, showcasing curved archways, vintage glass doorknobs, and whimsical touches that add charm and character throughout. This great location provides two additional income producing parking spots and the home has been pre-inspected for your peace of mind!

Highlights

Home typeSingle Family Residence
HeatingHot Water
StatusActive
Size1,854 sqft
BasementYes
Year built1933
ParkingAttached Garage
MLS #6685237
Attached garage2 spaces

Summary

  • Full Bathrooms: 1
  • Appliances: Cooktop, Gas Water Heater, Refrigerator
  • Basement: Yes
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage
  • Heating: Hot Water
  • Cooling: None
  • List Price: $394,900
  • Price/SqFt: $213
  • Annual Tax Amount: $3,804
  • Tax Year: 2023
  • Lot: Irregular Lot
  • Directions: Head south on N Broadway Ave toward 9th St NW. Turn right onto 7th St NW. Turn left onto 4th Ave NW. Turn right onto 3rd St NW. Turn right onto 5th Ave NW. Destination will be on the left.
  • Year Built: 1933
  • Living Area: 1,854 SqFt
  • MLS Number: 6685237
  • MLS Name: NORTHSTAR
  • Office Name: Dwell Realty Group LLC

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rear view of house featuring roof with shingles, fence, and a chimney

$394,900

305 5th Ave NW

$4,689

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$333,800$3,804
2021$259,800$3,804
2020$255,300$3,348
2019$240,200$3,258
2017$208,000$2,994

History based on county public records data.

Nearby schools

9

Byron Intermediate School

Public District 3-5

8.0 mi

501 10th Ave NE

7

Bear Cave Intermediate School

Public District 3-5

11.3 mi

1021 10th St NW

8

Dover-Eyota Elementary School

Public District PK-5

12.4 mi

27 Knowledge Rd SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,709. The majority of Rochester, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

29%
<35k
53%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
11%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
4%
12-17 yrs old
42%
18-34 yrs old
30%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NBA/WNBANBA/WNBA
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • PontiacPontiac
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 305 5th Ave NW

The listing price of 305 5th Ave NW property is $394,900.

The property 305 5th Ave NW is a house located in Rochester, Minnesota, 55901.

Active Listing: 305 5th Ave NW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 305 5th Ave NW are: Byron Intermediate School (GreatSchools Rating 9/10), Bear Cave Intermediate School (GreatSchools Rating 7/10), Dover-Eyota Elementary School (GreatSchools Rating 8/10), Rochester Math and Science Academy (GreatSchools Rating 5/10), Byron Middle School (GreatSchools Rating 7/10), Stewartville Middle School (GreatSchools Rating 5/10), John Marshall High School (GreatSchools Rating 5/10), Rochester STEM Academy (GreatSchools Rating 3/10), Mayo High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $3,804 (source: MLS/based on county public records data).

The property at 305 5th Ave NW has 4 bedrooms and 2 bathrooms.

The property 305 5th Ave NW is 1,854 SqFt (source: MLS/tax record).

The year of construction for 305 5th Ave NW is 1933.

This home is located at 305 5th Ave NW in Rochester, MN and zip code 55901 in the Downtown neighborhood. This 1,854 square foot home was built in 1933. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $394,900.

While more than 57 listings in Rochester, MN in April 2025 were sold above asking price, there were more than 35 listings sold at asking price, and more than 43 were sold below. The number of homes for sale in Rochester, MN increased by 19% between March and April 2025. In April 2025 median list price was $329,729 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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