Riess 2nd Sub
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About this home
Turnkey Investment Opportunity & Charming North East Rochester Home Welcome to this beautifully updated and fully furnished North East Rochester gem. This property presents a rare opportunity to own a home that is move-in ready and operates as a highly profitable short- and mid-term rental. Ideally located just minutes from downtown Rochester and the Mayo Clinic, it offers exceptional appeal for both investors or homeowners . The interior features a bright, welcoming atmosphere with stylish updates, warm finishes, and an efficient layout. The modern kitchen includes updated cabinetry, butcher block countertops, and a breakfast nook, flowing seamlessly into inviting living spaces filled with natural light. The comfortable bedroom and updated bathroom with a titled Shower provides a clean, modern aesthetic space. The lower level offers flexible space a second living area, a home office, a gym, perfect for the hobbyist and ample storage/ Outside, you will find a private backyard ideal for relaxing or entertaining. With its unbeatable location and turnkey condition, this home has established itself as a successful rental, generating consistent income.
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Home facts
Facts & features
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Bath breakdown
- 1 3/4
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
Property
- Levels / stories
- One
- Parking features
- None
- Lot size
- 0.045 acres
- Lot dimensions
- 40x50
- Lot features
- Tree Coverage - Light
- Accessibility
- None
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Construction materials
- Block, Frame
- Foundation
- 576 sqft
- Roof
- Asphalt
- Year built
- 1948
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Riess 2nd Sub
- HOA
- No HOA
- School district
- Rochester
Financial & listing details
- Annual tax
- $2,080 (2025)
- Listed
- Feb 6, 2026
- Days on market
- 234
- Manufactured home
- Yes
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
917 3rd Street, Rochester, MN, 55906
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
