#6721076, Listing office: Edina Realty, Inc.
$174,900 List price
728 1st Ave SW Unit 401 Rochester, MN 55902
2 beds
1 full
988 sqft
$177 / sqft
Condo
Property details
About 728 1st Ave SW Unit 401
Welcome to your very own downtown condo! This charming 2-bedroom, 1-bathroom condo spans 988 square feet of comfortable living space, perfect for those seeking both a cozy home or a solid rental income potential. The thoughtfully designed layout maximizes every square foot, featuring a spacious primary bedroom and additional bedroom ideal for guests or a home office. The single bathroom serves the unit efficiently, while the open living areas create a welcoming atmosphere that you or your tenants will love. Location is everything, and this property delivers. You're just steps away from convenient public transportation at the nearby bus station, making commutes effortless. Grocery shopping is a breeze with stores close by, while Rochester Parks and Recreation offers endless outdoor activities and green spaces for relaxation. The downtown setting provides excellent walkability and access to Rochester's vibrant dining, entertainment, and cultural scene. This condo represents an excellent entry point into Rochester's real estate market. Whether you're a first-time investor, expanding your portfolio, or needing a place to call "home", the combination of prime location, reasonable size, and strong rental demand makes this property a smart financial move. Don't miss this opportunity to own in one of Rochester's most desirable neighborhoods.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size988 sqft
Year built1979
ParkingCovered, Guest Parking
MLS #6757106
WaterfrontRiver Front, River View
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Basement: No
- Total Bedroom Count: 2
- Parking: Covered, Guest Parking
- Waterfront: River Front, River View
- Heating: Forced Air
- Cooling: Central Air
- List Price: $174,900
- Price/SqFt: $177
- HOA Amount: $275 Monthly
- Directions: From Broadway, west on 6th St SW, south on 1st Ave SW
- Year Built: 1979
- Living Area: 988 SqFt
- MLS Number: 6757106
- MLS Name: NORTHSTAR
- Office Name: Homes Plus Realty
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Price information
Property sales
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Tax history
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Nearby schools
9
Byron Intermediate School
Public District 3-5
8.3 mi
•501 10th Ave NE
7
Bear Cave Intermediate School
Public District 3-5
10.6 mi
•1021 10th St NW
8
Dover-Eyota Elementary School
Public District PK-5
11.9 mi
•27 Knowledge Rd SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,345. The majority of Rochester, MN residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
6%
<35k
51%
35k-100k
30%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
8%
Single, with Kids
27%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Tennis
Soccer
Where do the neighbors shop?
Chico's
IKEA
The Container Store
Where do the neighbors go to eat?
Boston Market
Chipotle
Starbucks
What do the neighbors drive?
Volvo
Jeep
BMW
What do the neighbors listen to?
Talk/Personality
Alternative
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 728 1st Ave SW Unit 401
The listing price of 728 1st Ave SW Unit 401 property is $174,900.
The property 728 1st Ave SW Unit 401 is a condo located in Rochester, Minnesota, 55902.
Active Listing: 728 1st Ave SW Unit 401 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 728 1st Ave SW Unit 401 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), Rochester STEM Academy (GreatSchools Rating 3/10), Mayo High School (GreatSchools Rating 7/10), John Marshall High School (GreatSchools Rating 5/10).
The property at 728 1st Ave SW Unit 401 has 2 bedrooms and 1 bathroom.
The property 728 1st Ave SW Unit 401 is 988 SqFt (source: MLS/tax record).
The year of construction for 728 1st Ave SW Unit 401 is 1979.
This home is located at 728 1st Ave SW Unit 401 in Rochester, MN and zip code 55902 in the Downtown neighborhood. This 988 square foot home was built in 1979. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $174,900.
Over 97 listings were sold over their listed price in June 2025 in Rochester, MN. In the same period over 87 listings were sold below the listed price and 45 listings were sold for the listed price. The number of listings in Rochester, MN decreased by 0.9% between May and June 2025. The median list price of listings available in June 2025 was $336,000, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.