Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $18,014 (2026).

What school district is this property in?

This property is in the 535 - Rochester school district.

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property has been listed for 53 days.

Listed at

$995,000

$389/sqft

6906 38th Avenue

6906 38th Avenue, Rochester, MN, 55904

3 Bedrooms2 Bathrooms2,560 Square Feet7.45 Acres

Days on market53

Year built1881

Garage spaces3

TypeResidential

Est. $26,850buyer credit when you buy with SODL

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About this home

Just minutes from Rochester, this 7.45-acre mixed-use property offers an exceptional footprint with remarkable versatility and potential. Featuring a rare combination of residential living space, commercial buildings, and extensive outbuildings, the property can accommodate a wide range of business, investment, and personal uses. Ideal for contractors, hobbyists, small business owners, investors, or anyone seeking a functional live/work setting with room to expand. With generous acreage, ample building space, and both residential and commercial possibilities, this is a truly unique opportunity.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1881

LevelsTwo

Living area2,560 sqft

Above-grade finished2,560 sqft

Below-grade finished0 sqft

Lot size7.45 acres (Irreg)

Days on market53

ListedAug 6, 2026

MLS #NST7119590

CountyOlmsted

Parcel #530544053029

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories: Two
Garage: 3 spaces · 960 sqft
Parking features: Detached Garage, Garage Door Opener, Gravel, Multiple Garages, Parking Lot, Paved Lot
Patio & porch: Deck, Screened
Exterior features: Metal
Other structures: Shed(s), Pole Building, Workshop, Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 528 sqft
Year built: 1881

Utilities

Water: Well
Sewer: Septic System Compliant - No
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

HOA: No HOA
School district: 535 - Rochester
High school district: Rochester

Financial & listing details

Annual tax: $18,014 (2026)
Listed: Aug 6, 2026
Days on market: 53 · 309 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementBlock

HeatingForced Air

CoolingCentral Air

Fireplaces1

LaundryLower Level

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer

DiningEat In Kitchen, Kitchen/Dining Room

AccessibilityNone

Special featuresMain Floor Bedroom

Exterior & lot

ExteriorMetal

FoundationBlock

Foundation area528 sqft

Patio/porchDeck, Screened

Lot featuresIrregular Lot, Tree Coverage - Medium

ZoningBusiness/Commercial,Residential-Single Family

Utilities

Water sourceWell

SewerSeptic System Compliant - No

FuelNatural Gas

Parking & garage

ParkingDetached Garage, Garage Door Opener, Gravel, Multiple Garages, Parking Lot, Paved Lot

Garage spaces3

Garage size960 sqft

Financial details

Annual taxes$18,014

Tax year2026

Taxes w/ assessments18014

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District535 - Rochester

District number535

District phone5073283000

High schoolRochester

SODL flat fee brokerage

$26,850Estimated buyer credit

SODL platform fee $3,000Your buyer credit $26,850

Buyer-side commission

3.0%

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

$7,062/mo

Principal & interest$5,229

Property taxes$1,501

Home insurance (est.)$332

Down payment

$199,000

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.