1438 2nd Avenue SW - Photo 1
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1438 2nd Avenue SW
1438 2nd Avenue SW
1438 2nd Avenue SW
1438 2nd Avenue SW
1438 2nd Avenue SW

1438 2nd Avenue SW, Rochester, MN 55902 - MLS# 7148328

MLS® #: 7148328|Days on Market: 35|Listed: Sep 23, 2026

$254,900

$259,900↓ 1.9%
Bedrooms
3
Bathrooms
2
Square Feet
1,540
Acres
0.17
Year Built
1958
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
1
Days on Market
35
School District
535 - Rochester

Turnkey Investment and Charming Place to Call Home!

This exceptionally well-cared-for home offers complete peace of mind with major structural updates already taken care of—including a NEW ROOF SHINGLES AND GUTTERS(2023), NEW FURNACE (2025) and NEW A/C (2026), NEW WATER HEATER(2026). FULL BASEMENT REMODEL(2019) INCLUDES ANOTHER BATHROOM W/ SHOWER Designed to be low-maintenance and easy to care for, this property is ideal for effortless living. Equipped with an active rental license and home to

conscientious, long-term tenants, it presents a seamless, ready-to-go opportunity for investors. Whether you are looking to expand your rental

portfolio or searching for a solid, comfortable home of your own, this move-

in-ready property is a fantastic find. Situated in an ideal SW location with easy access to downtown. A short walk to the City Trails with scenic views

along the river to Maywood or to Silver Lake Park and the downtown area. Walk to the grocery stores, coffee shops and some of the best local

restaurants in town. A great find at an affordable price.

1438 2nd Avenue SW, Rochester, MN 55902

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Interior Information

BasementBlock, Finished, Full, Storage Space
AppliancesDishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryIn Basement
Dining RoomEat In Kitchen
Interior AmenitiesCeiling Fan(s), Kitchen Window, Natural Woodwork, Washer/Dryer Hookup
ElectricCircuit Breakers

Size & Levels

LevelsOne
Total Finished Sq Ft1,904 sq ft
Above Grade Finished952 sq ft
Below Grade Finished588 sq ft
Main Level Finished952 sq ft

Bathrooms

Full Baths2
Bathroom DetailsFull Basement, Main Floor Full Bath

Rooms

Main Level Rooms

Living Room-
Dining Room-
Kitchen-
Bedroom-
Bedroom 2-
Bedroom 3-
Bathroom-

Basement Level Rooms

Family Room-
Den-
Bathroom-
Bathroom-
Laundry-
Storage-

Exterior & Parking

ExteriorVinyl
ConstructionFrame
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Garage Stalls1
ParkingAttached Garage, Concrete, Garage Door Opener

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.17 acres
Lot DimensionsIrregular
Lot DescriptionPublic Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Medium
ZoningResidential-Single Family
SubdivisionGrahams 2nd Add
TownshipRochester
CountyOlmsted
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Paved Streets
FencingPartial, Privacy
Other StructuresStorage Shed

Financial & Tax Information

Annual Taxes$2,904
Tax Year2026
Tax w/ Assessments$2,904
Assessment PendingNo
Parcel Number641113008741
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Schools

Broker Reciprocity logo
Listed by: Re/Max Results
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web 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 Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.