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728 1st Avenue SW Unit 401

Rochester, MN 55902

2 beds
1 bath
988 sqft
1,001 sqft lot
$177 per sqft
1979 build
– on site

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.

Listing courtesy of NORTHSTAR / Luke Ihde / Homes Plus Realty

Last checked: Checking… • Last updated Jul 18, 2025 •

MLS# 6757106 —

The Building

Year Built:

1979
New Construction:

false
Age Of Property:

46
Construction Materials:

Stucco
Construction Materials Desc:

Concrete,Frame
Roof:

Flat
Accessibility Features:

Accessible Elevator Installed
Levels:

One
Main Level Finished Area:

988.0000
Basement:

None
Basement:

false
Foundation Area:

988
Manufactured Home:

No
Building Area Total:

988
Above Grade Finished Area:

988

Interior

Dining Room Description:

Informal Dining Room,Living/Dining Room
Fireplace:

false
Amenities:

Balcony

Room Dimensions

Living Area:

988

Location

Directions:

From Broadway, west on 6th St SW, south on 1st Ave SW
Latitude:

44.01494
Longitude:

-92.46412

The Property

Parcel Number:

640214025309
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

High Rise
Property Attached:

true
Additional Parcels:

false
Lot Size Area:

0.02
Lot Size Dimensions:

common
Lot Size SqFt:

1001.88
Lot Size Units:

Acres
Lake Chain:

N
Water Body Name:

Zumbro River - South Fork
Road Frontage Type:

City Street, Paved Streets, Sidewalks, Storm Sewer
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1674
Tax With Assessments:

1674.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Full Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Schools

Elementary School:

Folwell
Middle Or Junior School:

John Adams
High School:

Mayo
High School District:

Rochester

The Community

Subdivision Name:

728 First Ave Sw
Waterfront:

true
Waterfront Features:

River Front, River View
Association:

true
Association Amenities:

Elevator(s), Fire Sprinkler System, Lobby Entrance
Association Name:

Infinity Real Estate and Management
Association Fee:

275
Association Fee Includes:

Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Snow Removal
Association Fee Frequency:

Monthly
Assessment Pending:

No

Parking

Parking Features:

Covered, Guest Parking
Carport Spaces:

1

Monthly cost estimate

Asking price

$174,900

Expense	Monthly cost
Mortgage	$936
Taxes	$139
Insurance	$48
HOA fees	$275
Utilities	$112 See report
Total	$1,510/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/18/25 Jul 18, 2025	Listed / Active	NORTHSTAR	$174,900
5/18/09 May 18, 2009	Sold	DAAR

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This condo located in Edison, Rochester, MN 55902 is currently for sale for $174,900. 728 1st Avenue SW Unit 401 is a 988 square foot condo with 2 beds and 1 bath that has been on Estately for 0 days. 728 1st Avenue SW Unit 401 is in the Edison neighborhood of Rochester and has a WalkScore® of 76, making it very walkable. This condo is in the attendance area of Willow Creek Middle School, Folwell Elementary School, and Mayo Senior High School.

Listing Courtesy of: NORTHSTAR and Homes Plus Realty.

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.