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220 Broadway Ave S APT 1417, Rochester, MN, 55904

1beds
1baths
688sqft
$205,000
$298price/sqft
$1,531/moest. monthly cost
$61,240/yrincome needed

About This Home

Experience the best of downtown Rochester living in this beautifully updated 1-bedroom, 1-bath condo with sweeping city views. Perched above one of the city’s most popular restaurants and its only boutique hotel, this home places dining, shopping, and entertainment just steps from your door in a lively, walkable setting. Direct access to Mayo Clinic and countless shops and eateries is effortless thanks to the extensive skyway and pedestrian subway systems, perfect for year-round convenience. Residents enjoy peace of mind with security cameras, a private elevator, and secure lower-level storage. Adjacent ramp parking is available for a monthly fee. Don’t miss the chance to own this exceptional condo in the heart of Rochester’s vibrant downtown!

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

4/10
Kellogg Middle SchoolGrades 6-81.4 mi
9/10
Mayo Senior High SchoolGrades 8-121.5 mi

Construction

Condition

  • Year built: 1969

Type & Style

  • Home type: Condo
  • Property subType: (CC) High Rise (4+ Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Storage/Locker

Bedroom

  • Level: Main
  • Area: 270
  • Dimensions: 15x18

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 688

Heating & Cooling

  • Heating features: Forced Air,Zoned
  • Cooling features: Central Air,Zoned

Informal Dining Room

  • Level: Main

Interior Area

  • Total structure area: 688
  • Total interior livable area: 688 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,No Stairs Internal

Details

  • Parcel number: 640211014374
  • Attached to another structure: Yes
  • Zoning description: Residential-Multi-Family
  • Foundation area: 688

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1,306 sqft
  • Lot size dimensions: common

Parking

  • Parking features: More Parking Onsite for Fee

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

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Hail
Tornado
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Olmsted County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,036$12,432
Home Insurance *$122$1,464
Property Taxes $203$2,436
Electricity $170$2,050
Total$1,531$18,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,491/yr
40% on housing$45,930/yr
45% on housing$40,826/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$298This listing

vs Other Active Listings

Avg $/sqft

ZIP 55904$148
Olmsted County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 55904$175
Olmsted County$177

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

DateEventPrice
2025-11-12Listed for sale$205,000
2010-04-19Sold$87,500
2008-12-11Sold$12,000

For Sale by Agent

AgentSharon Wass
BrokerageEdina Realty, Inc.

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