1119 2nd St NE, Rochester, MN, 55906
About This Home
Charming one bedroom, one bath home with an established rental license, a great fit whether you’re looking for an affordable place to call your own or an investment that performs. The bonus loft (not a legal sleeping area but ideal as a lounge, home office, or extra storage) adds flexible living space beyond the main footprint. This property has enjoyed solid performance as both a long and short term rental, making it a versatile option for buyers with either lifestyle in mind. Recent updates include new kitchen cabinets and countertops (2022), water heater (2022), and roof (2021), plus some updated windows for efficiency and peace of mind. LVP flooring runs through the main living areas, with newer carpet in the bedroom and brand new carpet in the loft. In unit laundry adds everyday convenience. Outside, enjoy a large lot with a partially fenced backyard, ideal for pets, gardening, or simply extra space to spread out. Unbeatable location within walking distance to downtown and Silver Lake Park. A low maintenance, move in ready property with room to make it your own or keep the income flowing.
Getting Around
Car-Dependent
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Block,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: None
Bedroom
- Level: Main
- Area: 132
- Dimensions: 12x11
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
- Area: 48
- Dimensions: 8x6
Features
- Finished area below ground: 0
- Finished area above ground: 984
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,080
- Total interior livable area: 984 sqft
Kitchen
- Level: Main
- Area: 56
- Dimensions: 8x7
Laundry
- Level: Main
- Area: 16
- Dimensions: 4x4
Living Room
- Level: Main
- Area: 150
- Dimensions: 15x10
Loft
- Level: Upper
- Area: 98
- Dimensions: 14x7
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 743642002860
- Zoning description: Residential-Single Family
- Foundation area: 600
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Chain Link,Privacy
Lot
- Lot size: 6,534 sqft
- Features: Tree Coverage - Light
- Lot size dimensions: 40 x 160
Parking
- Parking features: Gravel
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
- Inland Flooding
- Tornado
- Winter Weather
- Hail
- Strong Wind
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 | $909 | $10,908 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $201 | $2,412 |
| Electricity | $170 | $2,050 |
| Total | $1,370 | $16,440 |
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 |
|---|---|---|
| 2026-07-31 | Listed for sale | $179,900 |
| 2025-05-28 | Listing removed | $1,275 |
| 2025-05-14 | Listed for rent | $1,275 |
| 2024-06-04 | Listing removed | -- |
| 2024-05-26 | Listed for rent | $1,275 |
| 2021-12-03 | Sold | $104,000 |
| 2021-10-29 | Pending sale | $109,900 |
| 2021-10-04 | Price change | $109,900 |
| 2021-09-28 | Listed for sale | $119,900 |
| 2008-03-25 | Sold | $29,377 |
| 2007-07-20 | Sold | $69,719 |
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