




2920 18th Ave NW, Rochester, MN, 55901
About This Home
First time ever offered for sale, this original-owner duplex presents a rare opportunity for both owner-occupants and investors alike. Built in 1977 and thoughtfully maintained through private ownership and management, the property reflects years of consistent care and pride of ownership. Each side-by-side unit offers approximately 1,200 square feet, with private exterior entrances and a detached single-car garage space, creating a desirable setup for tenants seeking privacy and convenience. The functional floor plan features the living room, dining area, and kitchen on the upper level, while the lower level includes two bedrooms, a full bath, and in-unit laundry. Separately metered utilities allow tenants to pay all utilities directly, simplifying management and reducing owner expenses. Flexible current lease terms provide options for future occupancy or investment strategy. Conveniently located in the NW Crescent Park neighborhood, it is on the bus line. This property offers strong rental appeal and long-term potential, with a proven layout that continues to attract reliable tenants.
Getting Around
Schools
Construction
Condition
- Year built: 1977
Materials
- Roof: Age Over 8 Years,Asphalt
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Side by Side
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Laundry Closet,In Unit,Washer Hookup
Basement
- Has basement: Yes
- Basement: Daylight,Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Finished area below ground: 1,216
- Finished area above ground: 1,280
Heating
- Heating features: Baseboard,Boiler
Interior Area
- Total structure area: 2,560
- Total interior livable area: 2,496 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 742242004854
- Zoning description: Residential-Multi-Family
- Foundation area: 1280
Features
- Levels: Multi/Split
- Fencing: None
Lot
- Lot size: 8,319 sqft
- Features: Near Public Transit
- Lot size dimensions: 110 x 76
Parking
- Total spaces: 2
- Parking features: Detached Garage,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- 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 | $2,017 | $24,204 |
| Home Insurance * | $228 | $2,736 |
| Property Taxes | $519 | $6,228 |
| Electricity | $210 | $2,526 |
| Total | $2,974 | $35,688 |
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 |
|---|---|---|
| 2026-06-25 | Price change | $399,000 |
| 2026-05-28 | Listed for sale | $425,000 |
