Sold / Closed
$218,900

Sold price · Closed Jun 22, 2026

$311/sqft

Northern Add

16 12th Street NW, Rochester, MN, 55901
2  Bedrooms1  Bathroom692  Square Feet0.101  Acres
Days on market20
Year built1925
ParkingGravel
TypeResidential
Est. $3,447buyer credit when you buy with SODL

About this home

Turnkey investment opportunity in the heart of Rochester! Welcome to 16 12th St NW—one of the city’s top-rated Airbnb properties, offering a rare blend of immediate income potential and flexible living options. Whether you're looking for a fully furnished, hands-off short-term rental or a move-in ready home for owner occupancy, this property delivers. The home comes with all furniture shown in listing photos. With an average monthly Airbnb income of approximately $2,150 and average expenses around $2,000, this is an excellent opportunity for investors seeking a proven, operational asset. The home’s prime location—just blocks from downtown and Rochester’s trail system—adds to its consistent guest appeal. Looking ahead, the upside is just as exciting. The backyard is approved for a future accessory dwelling unit (ADU) or mother-in-law suite, opening the door for additional income or multi-generational living. Inside, the basement is already plumbed for a second bathroom, making future expansion even more seamless. Whether you're expanding your investment portfolio or stepping into homeownership with income potential, this property is ready to perform from day one.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1925
LevelsOne
Living area692 sqft
Above-grade finished692 sqft
Below-grade finished0 sqft
Lot size0.101 acres (35x125)
Days on market20
ListedMay 2, 2026
MLS #NST7063355
CountyOlmsted
SubdivisionNorthern Add
Parcel #743511015931

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Gas Water Heater, Range, Refrigerator, Water Softener Owned

Property

Levels / stories
One
Parking features
Gravel
Exterior features
Metal
Lot size
0.101 acres
Lot dimensions
35x125
Accessibility
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 648 sqft
Roof
Age Over 8 Years, Metal
Year built
1925

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Northern Add
HOA
No HOA
School district
535 - Rochester
High school district
Rochester

Financial & listing details

Annual tax
$2,060 (2026)
Listed
May 2, 2026
Days on market
20
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementBlock
HeatingForced Air
CoolingCentral Air
LaundryIn Basement
AppliancesDishwasher, Gas Water Heater, Range, Refrigerator, Water Softener Owned
AccessibilityNone

Exterior & lot

ExteriorMetal
RoofAge Over 8 Years, Metal
FoundationBlock
Foundation area648 sqft
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingGravel
Garage spaces0
Garage size0 sqft

Financial details

Annual taxes$2,060
Tax year2026
Taxes w/ assessments2060
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District535 - Rochester
District number535
District phone5073283000
High schoolRochester
SODL flat fee brokerage
$3,447Estimated buyer credit
SODL platform fee $3,000Your buyer credit $3,447

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

$1,373/mo
Principal & interest$1,129
Property taxes$172
Home insurance (est.)$72
%
$42,980
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

16 12th Street NW, Rochester, MN, 55901

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Listing information

MLS #NST7063355
StatusClosed
Last updatedJun 23, 2026, 5:04 PM
Originally listedMay 2, 2026, 8:32 PM
Listing officeDwell Realty Group LLC

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.