704 7th St SE, Rochester, MN, 55904
About This Home
Welcome to a Well-maintained 2-bedroom, 1-bath home close to downtown! Cute porch area to enjoy the summer evening. Home has been lovingly cared for and meticulously maintained over the years Owner has lived in the home for over 30 years! Where charm, comfort, and convenience come together in a desirable location. This inviting home offers a functional layout with welcoming living spaces, abundant natural light, and plenty of opportunity to make it your own. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this property offers exceptional potential. Enjoy easy access to downtown Rochester, parks, schools, shopping, dining, and major employers, making everyday living both convenient and enjoyable. Don't miss your chance to own a home in an established neighborhood with so much to offer!
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dryer,Range,Refrigerator,Washer
- Laundry features: In Basement,Lower Level,Washer Hookup
Basement
- Has basement: Yes
- Basement: Unfinished
Bathroom
- Level: Main
Bedroom
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
Features
- Finished area below ground: 912
- Finished area above ground: 912
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Kitchen
- Level: Main
Laundry
- Level: Basement
Living Room
- Level: Main
Porch
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 640124005751
- Zoning description: Residential-Single Family
- Foundation area: 912
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered,Porch,Screened,Side Porch
- Fencing: None
Lot
- Lot size: 2,657 sqft
- Lot size dimensions: 40 x 67
Parking
- Total spaces: 1
- Parking features: Detached Garage,Concrete
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Olmsted County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $149 | $1,788 |
| Property Taxes | $291 | $3,492 |
| Electricity | $170 | $2,050 |
| Total | $1,874 | $22,488 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Price change | $244,999 |
| 2026-07-08 | Listed for sale | $250,000 |
| 2023-10-12 | Listing removed | -- |
| 2023-07-18 | Listed for sale | $200,000 |
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