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709 Rochelle Avenue S

Lanesboro, MN 55949

– beds
– baths
2,852 sqft
$78 per sqft
1946 build
– on site

Turnkey Fourplex in Historic Lanesboro – Investment Opportunity. Don’t miss this fully occupied, turnkey fourplex located in the heart of historic Lanesboro, just steps from downtown shopping, dining, entertainment, and the scenic Root River Trail. This well-maintained property features a newer lower-level unit, separate electric meters for each unit, and strong rental history. Ideal for the owner-occupant or savvy investor looking to expand their portfolio in a sought-after area with excellent growth potential. Pictures include two out of the four apartments only.

Listing courtesy of NORTHSTAR / Tim Danielson / Elcor Realty of Rochester Inc.

Last checked: Checking… • Last updated Jun 17, 2025 •

MLS# 6739466 —

The Building

Year Built:

1946
New Construction:

false
Age Of Property:

79
Construction Materials:

Slate
Construction Materials Desc:

Block
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1634.0000
Basement:

Block, Egress Window(s), Finished, Full
Basement:

true
Foundation Area:

1264
Foundation Dimensions:

1264
Building Area Total:

3528
Above Grade Finished Area:

2264
Below Grade Finished Area:

588

Room Dimensions

Living Area:

2852

Location

Directions:

From Hwy 16; South onto Rochelle Ave.
Latitude:

43.712992
Longitude:

-91.978761

The Property

Parcel Number:

190347020
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.28
Lot Size Dimensions:

87x140
Lot Size Units:

Acres
Road Frontage Type:

City Street, Paved Streets
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

3488
Tax With Assessments:

3488.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Lanesboro

The Community

Subdivision Name:

Lanesboro First Add
Association Amenities:

Laundry
Assessment Pending:

No

Parking

Parking Features:

Gravel

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price
6/16/25 Jun 16, 2025	Listed / Active	NORTHSTAR	$225,000
2/24/23 Feb 24, 2023	Price Changed	NORTHSTAR
11/30/22 Nov 30, 2022	Listed / Active	NORTHSTAR

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This multifamily located in Lanesboro, MN 55949 is currently for sale for $225,000. 709 Rochelle Avenue S is a 2,852 square foot multifamily with – beds and – baths that has been on Estately for 2 days. This multifamily is in the attendance area of Lanesboro Secondary School and Lanesboro Elementary School.

Listing Courtesy of: NORTHSTAR and Elcor Realty of Rochester Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

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.