16 12th Street NW, Rochester, MN 55901
Northern Add · Olmsted County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
(SF) Single Family
Year Built
1925
Stories
1
Living Area
1,340 sq ft
Lot Size
0.10 acres
Lot Dimensions
35x125
Zoning
Residential-Single Family
Days on Market
2
MLS® Listing#
7063355
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Roof
Sewer
Water Source
Schools
- High:
- John Marshall
Financial Details
HOA
None
Annual Taxes
$2,060
Parcel Number
743511015931
Directions
From Broadway turn west on 12th St, first house on the left.
Affordability Calculator
$43,980
Estimated monthly payment
$1,170/mo
Principal $175,920 · Est. interest $245,424 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Rochester, MN
- $431,429
- Median Listing Price
- 90
- Median Days on Market
- 2,192
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 930
- Active Listings
- This home’s price is 49% below the area median.
- Its price per sq ft is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Rochester, MN.
Location
Getting Around
Points of Interest in Rochester, MN
Showing the Rochester area map.
Nearby Schools
Community Education
School · 0.3 mi away
Kellogg Middle School
Secondary · 0.6 mi away
Jefferson Elementary School
Elementary · 0.7 mi away
Washington Elementary School
Elementary · 0.7 mi away
St. Pius X School
School · 0.8 mi away
Rochester Catholic Schools
School · 0.8 mi away
Lourdes High School
Secondary · 0.8 mi away
Hoover Elementary School
Elementary · 0.9 mi away
John Marshall High School
Secondary · 1.0 mi away
Churchill Elementary School
Elementary · 1.1 mi away
Riverside Central Elementary School
Elementary · 1.2 mi away
Rochester Catholic Schools
Elementary · 1.3 mi away
St Francis Catholic Church
School · 1.3 mi away
Rochester Public Schools
Secondary · 1.3 mi away
Rochester Central Lutheran School
Secondary · 1.4 mi away
Elton Hills Elementary School
Elementary · 1.4 mi away
Rochester Math and Science Academy
School · 1.5 mi away
Sunset Terrace Elementary School
Elementary · 1.6 mi away
Epic Endeavors Academy
School · 1.6 mi away
Bethany Nursery School
School · 1.6 mi away
Commute Calculator
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 410 6th Avenue SW M6, Rochester, MN | $154,900 | 2 | 2 | 777 |
| 3602 10th Lane NW 23, Rochester, MN | $154,900 | 2 | 1 | 790 |
| 323 7th Avenue SE, Rochester, MN | $155,000 | 2 | 2 | 960 |
| 3608 10th Lane NW 1, Rochester, MN | $155,000 | 2 | 1 | 794 |
| 4037 18th Avenue NW, Rochester, MN | $169,900 | 3 | 2 | 1,529 |
| 1826 Deerhaven Lane NE 16, Rochester, MN | $169,900 | 2 | 1 | 992 |
Moving Cost Estimate
EXIT Agents in Rochester
Listing Courtesy: Dwell Realty Group LLC - 5078003012
Presented by: Karl Rogers