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2412 NW 18th Ave, Rochester, MN, 55901

3beds
2baths
1,169sqft
$240,000
$205price/sqft
$1,793/moest. monthly cost
$71,720/yrincome needed

About This Home

Affordable one-level living opportunity with great potential to build equity. This home features hardwood floors, an original kitchen with ample cabinetry, and generous closet space throughout. The fenced backyard offers privacy and includes a concrete patio for outdoor enjoyment. The walkout lower level is unfinished with a half bath, providing an excellent opportunity for future expansion or additional living space. Interior finishes are dated and ready for your personal updates and improvements. Bring your ideas and make this home your own.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
69
BikeBikeable

Schools

3/10
5/10
John Adams Middle SchoolGrades 6-80.6 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1957

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Fiber Board,Frame/Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished,Walkout,Bath

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/4 bathrooms: 1

Dining Room

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,169

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,169 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 742712006527
  • Zoning description: Residential
  • Special condition: Real Estate Owned
  • Foundation area: 75350

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 110 x 60

Parking

  • Total spaces: 1
  • Parking features: Attached,Slab
  • 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
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Tornado
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 $1,213$14,556
Home Insurance *$137$1,644
Property Taxes $273$3,276
Electricity $170$2,050
Total$1,793$21,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,474/yr
40% on housing$53,790/yr
45% on housing$47,813/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

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 55901$150
Olmsted County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 55901$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
2026-05-27Sold$212,500

Unknown Listed By

AgentJamie Golden-Groves
BrokerageHome 2 Home Real Estate

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