728 First Ave Sw
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About this home
Welcome to your very own downtown condo! This charming 2-bedroom, 1-bathroom condo spans 988 square feet of comfortable living space, perfect for those seeking both a cozy home or a solid rental income potential. The thoughtfully designed layout maximizes every square foot, featuring a spacious primary bedroom and additional bedroom ideal for guests or a home office. The single bathroom serves the unit efficiently, while the open living areas create a welcoming atmosphere that you or your tenants will love. Location is everything, and this property delivers. You're just steps away from convenient public transportation at the nearby bus station, making commutes effortless. Grocery shopping is a breeze with stores close by, while Rochester Parks and Recreation offers endless outdoor activities and green spaces for relaxation. The downtown setting provides excellent walkability and access to Rochester's vibrant dining, entertainment, and cultural scene. This condo represents an excellent entry point into Rochester's real estate market. Whether you're a first-time investor, expanding your portfolio, or needing a place to call "home", the combination of prime location, reasonable size, and strong rental demand makes this property a smart financial move. Don't miss this opportunity to own in one of Rochester's most desirable neighborhoods.
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Home facts
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Bath breakdown
- 1 full
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Property
- Levels / stories
- One
- Carport
- 1
- Parking features
- Covered, Guest Parking
- Waterfront
- River Front, River View
- Lot size
- 0.02 acres
- Lot dimensions
- common
Construction
- Property type
- Residential
- Property subtype
- High Rise
- Construction materials
- Stucco
- Foundation
- 988 sqft
- Roof
- Flat
- Year built
- 1979
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Electric
- Circuit Breakers
Community & HOA
- Subdivision
- 728 First Ave Sw
- HOA
- $275/month
- HOA name
- Infinity Real Estate and Management
- HOA phone
- 507-550-1052
- HOA includes
- Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Snow Removal
- HOA amenities
- Elevator(s), Fire Sprinkler System, Lobby Entrance
Financial & listing details
- Annual tax
- $1,674 (2024)
- Tax with assessments
- 1674.0000
- Listed
- Jul 18, 2025
- Days on market
- 438 · 119 cumulative
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
728 1st Avenue #401, Rochester, MN, 55902
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
