Listed at
$259,900
$169/sqft

Grahams 2nd Add

1438 2nd Avenue, Rochester, MN, 55902
3  Bedrooms2  Bathrooms1,540  Square Feet0.17  Acres
Days on market5
Year built1958
Garage spaces1
TypeResidential
Est. $4,797buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

Turnkey Investment and Charming Place to Call Home! This exceptionally well-cared-for home offers complete peace of mind with major structural updates already taken care of—including a NEW ROOF SHINGLES AND GUTTERS(2023), NEW FURNACE (2025) and NEW A/C (2026), NEW WATER HEATER(2026). FULL BASEMENT REMODEL(2019) INCLUDES ANOTHER BATHROOM W/ SHOWER Designed to be low-maintenance and easy to care for, this property is ideal for effortless living. Equipped with an active rental license and home to conscientious, long-term tenants, it presents a seamless, ready-to-go opportunity for investors. Whether you are looking to expand your rental portfolio or searching for a solid, comfortable home of your own, this move- in-ready property is a fantastic find. Situated in an ideal SW location with easy access to downtown. A short walk to the City Trails with scenic views along the river to Maywood or to Silver Lake Park and the downtown area. Walk to the grocery stores, coffee shops and some of the best local restaurants in town. A great find at an affordable price.

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1958
LevelsOne
Living area1,540 sqft
Above-grade finished952 sqft
Below-grade finished588 sqft
Lot size0.17 acres (Irregular)
Days on market5
ListedSep 23, 2026
MLS #NST7148328
CountyOlmsted
SubdivisionGrahams 2nd Add
Parcel #641113008741

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
2 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
1 space · 288 sqft
Parking features
Attached Garage, Concrete, Garage Door Opener
Exterior features
Vinyl
Fencing
Partial, Privacy
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 952 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1958

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Grahams 2nd Add
HOA
No HOA
School district
535 - Rochester
High school district
Rochester

Financial & listing details

Annual tax
$2,904 (2026)
Listed
Sep 23, 2026
Days on market
5
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths2
3/4 baths0
Half baths0
1/4 baths0
BasementBlock, Finished, Full, Storage Space
HeatingForced Air
CoolingCentral Air
LaundryIn Basement
AppliancesDishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
DiningEat In Kitchen
AmenitiesCeiling Fan(s), Kitchen Window, Natural Woodwork, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorVinyl
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Foundation area952 sqft
Lot featuresPublic Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Medium
Road frontageCity Street, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener
Garage spaces1
Garage size288 sqft

Financial details

Annual taxes$2,904
Tax year2026
Taxes w/ assessments2904
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District535 - Rochester
District number535
District phone5073283000
High schoolRochester
SODL flat fee brokerage
$4,797Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,797

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,695/mo
Principal & interest$1,366
Property taxes$242
Home insurance (est.)$87
%
$51,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1438 2nd Avenue, Rochester, MN, 55902

Listing information

MLS #NST7148328
StatusActive
Last updatedSep 24, 2026, 7:50 PM
Originally listedSep 23, 2026, 10:11 AM
Listing officeRe/Max Results

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.