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220 Broadway Ave S APT 1112, Rochester, MN, 55904

1beds
2baths
822sqft
$219,000
$266price/sqft
$1,633/moest. monthly cost
$65,320/yrincome needed

About This Home

Appreciate the convenience of direct skyway access to Mayo Clinics, downtown shopping, and expansive subway systems without ever going outside!! Very affordable HOA fees and located atop of Rochester’s only boutique hotel, this 1+ bedroom 2 bath condo has much to offer! Appreciate the beautiful panoramic river views and large windows, additional half bath, newer LVP flooring, master walk-in closet, and more. Bonus room could be used as an office or transformed into a 2nd bedroom. Security cameras, private residential elevator and lower level secure storage are all included. Adjacent parking in ramp is available for a monthly fee. You won't want to miss this opportunity to own an incredible condo with a prime location in the heart of downtown Rochester!

Getting Around

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

Schools

9/10
Mayo Senior High SchoolGrades 8-121.4 mi
4/10
Kellogg Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • Year built: 1969

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Storage/Locker

Bedroom

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 822

Foyer

  • Level: Main

Heating & Cooling

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

Interior Area

  • Total structure area: 822
  • Total interior livable area: 822 sqft

Kitchen

  • Level: Main
  • Area: 77
  • Dimensions: 11x7

Living Room

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Office

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Property

Accessibility

  • Accessibility features: No Stairs External,No Stairs Internal

Details

  • Parcel number: 640211014403
  • Attached to another structure: Yes
  • Zoning description: Residential-Multi-Family
  • Foundation area: 822

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • Waterfront features: River View

Lot

  • Lot size: 1,089 sqft
  • Lot size dimensions: common

Parking

  • Parking features: Covered

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 $1,107$13,284
Home Insurance *$131$1,572
Property Taxes $225$2,700
Electricity $170$2,050
Total$1,633$19,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,988/yr
40% on housing$48,990/yr
45% on housing$43,546/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

$266This 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
2025-12-05Listed for sale$219,000
2025-10-11Listing removed$1,750
2025-07-28Listed for rent$1,750
2023-05-06Listing removed--
2023-04-28Listed for rent$1,700
2023-04-13Listing removed--
2023-03-15Listed for rent$1,700
2023-03-03Listing removed--
2023-02-10Listed for rent$1,750
2022-06-29Sold$195,000
2022-06-24Pending sale$215,000
2022-04-13Listed for sale$215,000
2021-02-27Listing removed--
2020-10-26Listing removed$1,500
2020-08-31Listed for rent$1,500
2020-02-06Listing removed$1,400
2020-02-04Listed for rent$1,400
2019-01-17Listing removed$975
2018-12-22Price change$975
2018-12-19Listed for rent$995
2011-08-12Sold$106,000

For Sale by Agent

AgentChris Mallery
BrokerageEdina Realty, Inc.

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