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Harbor Realty & Management Gro is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
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{"Id":556898,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7071109","MLSAGENTID":"NST503514440","MLSOFFICEID":"NST253039","ADDRESS":"123 11th Avenue SE","ACRES":0.266,"AGENTOWNER":false,"AUCTIONYN":false,"BASEMENT":"Finished,Full,Partially Finished,Shared Access","BATHSTOTAL":5.0,"BEDROOMS":7.0,"CITY":"Rochester","CONTINGENCY":"None","COUNTY":"Olmsted","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":45000.0,"LASTPRICEDATE":"2026-05-13T21:20:09.467","LATITUDE":44.021768,"LENDEROWNED":"No","LISTDATE":"2026-05-13T05:00:00","LISTPRICE":45000.0,"LIVINGAREA":5650.0,"LONGITUDE":-92.449181,"MODIFICATIONTIMESTAMP":"2026-05-13T21:20:09.466","OFFICE_OFFICENAME":"Harbor Realty & Management Gro","PHOTOCOUNT":31,"POSTALCODE":"55904","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential. This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio.\n\nWith rents continuing to rise in the area, there is additional opportunity for increased returns over time. The property offers a solid investment foundation with stable tenants already in place and immediate income from day one. Conveniently located near area amenities, employment opportunities, and continued community growth, this is a great chance to secure a turnkey multifamily investment in an expanding market.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SALEINCLUDES":"Building","SCHOOLDISTRICTNUMBER":"535-Rochester","SCHOOLDISTRICTPHONE":"5073283000","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-05-13T21:20:09.467","LASTSTATUS":"Active","STREETDIRSUFFIX":"SE","STREETNAME":"11th","STREETNUMBER":"123","STREETSUFFIX":"Avenue","TRANSACTIONTYPE":"For","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1910,"ZONING":"Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-05-13T21:20:09.466","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Front of Property\"},{\"Order\":2,\"Remarks\":\"Unit #2\"},{\"Order\":3,\"Remarks\":\"Unit #2\"},{\"Order\":4,\"Remarks\":\"Unit #2\"},{\"Order\":5,\"Remarks\":\"Unit #2\"},{\"Order\":6,\"Remarks\":\"unit #2\"},{\"Order\":7,\"Remarks\":\"Unit #2\"},{\"Order\":8,\"Remarks\":\"Unit #2\"},{\"Order\":9,\"Remarks\":\"Unit #2\"},{\"Order\":10,\"Remarks\":\"Unit #2\"},{\"Order\":11,\"Remarks\":\"Unit #2\"},{\"Order\":12,\"Remarks\":\"Unit #2\"},{\"Order\":13,\"Remarks\":\"Unit #5\"},{\"Order\":14,\"Remarks\":\"Unit #5\"},{\"Order\":15,\"Remarks\":\"Unit #5\"},{\"Order\":16,\"Remarks\":\"Unit #5\"},{\"Order\":17,\"Remarks\":\"Unit #5\"},{\"Order\":18,\"Remarks\":\"Unit #5\"},{\"Order\":19,\"Remarks\":\"Unit #5\"},{\"Order\":20,\"Remarks\":\"Unit #5\"},{\"Order\":21,\"Remarks\":\"Unit #5\"},{\"Order\":22,\"Remarks\":\"Unit #5\"},{\"Order\":23,\"Remarks\":\"Unit #4\"},{\"Order\":24,\"Remarks\":\"Unit #4\"},{\"Order\":25,\"Remarks\":\"Unit #4\"},{\"Order\":26,\"Remarks\":\"Unit #4\"},{\"Order\":27,\"Remarks\":\"Unit #4\"},{\"Order\":28,\"Remarks\":\"Unit #4\"},{\"Order\":29,\"Remarks\":\"Unit #4\"},{\"Order\":30,\"Remarks\":\"Unit #4\"},{\"Order\":31,\"Remarks\":\"Common Laundry\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31","SOURCE":"MG_NST"}
{"ListingKey":"NST7899108","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"No","NST_AmenitiesUnit":"None","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","Basement":"Finished,Full,Partially Finished,Shared Access","BasementYN":"True","BathroomsTotalInteger":"5","BedroomsTotal":"7","BuildingAreaTotal":"5650","CumulativeDaysOnMarket":"0","CarportSpaces":"1","NST_CeilingHeight":"Less Than 8 Feet","City":"Rochester","NST_RefrigeratorNum":"One Per Unit","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"None","CountyOrParish":"Olmsted","CurrentUse":"Residential","Directions":"Take Hwy 52 to the 11th Ave SE exit, head east on 11th Ave SE, and continue to 123 11th Ave SE in Rochester.","DocumentsCount":"0","DaysOnMarket":"0","ElectricExpense":"0","FoundationArea":"4154","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","FuelExpense":"0","GarageSpaces":"0","GrossIncome":"51444","Heating":"Boiler","HighSchoolDistrict":"Rochester","NST_ForeclosureStatus":"No","Inclusions":"Building","InsuranceExpense":"6000","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.021768","NST_LenderOwned":"No","Levels":"Two","ListPrice":"45000","ListingContractDate":"2026-05-13T05:00:00Z","ListingId":"NST7071109","LockBoxType":"Combo","Longitude":"-92.449181","LotSizeArea":"0.266","LotSizeDimensions":"30x50","LotSizeUnits":"Acres","MaintenanceExpense":"2572","ManagerExpense":"2572","NetOperatingIncome":"31990","NumberOfUnitsTotal":"5","OperatingExpense":"19454","OriginalEntryTimestamp":"2026-05-13T16:18:26Z","OtherExpense":"2572","NST_OwnerOccupied":"No","OwnerPays":"Grounds Care,Repairs,Snow Removal,Trash Collection","ParcelNumber":"743634026524","ParkingFeatures":"Asphalt,Parking Lot","PhotosCount":"31","PhotosChangeTimestamp":"2026-05-13T21:20:09.466Z","PostalCity":"Rochester","PostalCode":"55904","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential. This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio.\n\nWith rents continuing to rise in the area, there is additional opportunity for increased returns over time. The property offers a solid investment foundation with stable tenants already in place and immediate income from day one. Conveniently located near area amenities, employment opportunities, and continued community growth, this is a great chance to secure a turnkey multifamily investment in an expanding market.","PublicSurveyRange":"14","PublicSurveySection":"36","PublicSurveyTownship":"107","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","NST_SchoolDistrictNumber":"535","NST_SchoolDistrictPhone":"5073283000","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"SE","StreetName":"11th","StreetNumber":"123","StreetNumberNumeric":"123","StreetSuffix":"Avenue","SubdivisionName":"City Lands","TaxAnnualAmount":"5138","NST_TaxWithAssessments":"5138","TaxYear":"2025","TenantPays":"Electricity,Gas,Water","Township":"Rochester","TrashExpense":"600","Utilities":"Electric Common,Hot Water Common","VideosCount":"0","WaterSewerExpense":"0","WaterSource":"City Water/Connected","YearBuilt":"1910","ZoningDescription":"Residential-Multi-Family","ListAgentKey":"NST110547","ListAgentMlsId":"NST503514440","ListOfficeMlsId":"NST253039","ListOfficeName":"Harbor Realty & Management Gro","ListOfficeKey":"NST1001782","ModificationTimestamp":"2026-05-13T21:20:09.466Z","OriginatingSystemName":"northstar","Media":"[{\"ResourceRecordKey\":\"NST7899108\",\"LongDescription\":\"Unit #2\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7899108/c368339f-b6fc-4ae3-81d5-daf9c08a802d.jpeg\",\"Order\":12,\"MediaObjectID\":\"NST12\",\"ImageWidth\":404,\"ImageHeight\":539,\"ImageSizeDescription\":\"404x539\",\"MediaModificationTimestamp\":\"2026-05-13T21:19:10.037Z\",\"MediaKey\":\"NST122111562\"},{\"ResourceRecordKey\":\"NST7899108\",\"LongDescription\":\"Unit 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