OFF MARKET

Off market jul 2022 for $2.1M

—

Est. refi paymentEst. refi $14,475/mo

—

•

— ba

•

5,768

sq ft

512 3rd Ave SW, Rochester, MN 55902

About this home

512 3rd Ave SW is a 5,768 square foot multi-family home on a 9,932 square foot lot. - it last sold on July 15, 2022 for $2,150,000.

Multi-familyProperty Type

1962Year Built

9,932 sq ftLot Size

$373Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 55902, MN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.1%

0.6% MoM

Median sale price

$564K

$49K MoM

Avg. days on market

51d

8 days MoM

Recently sold homes

112

26 MoM

New listings for sale

COMING SOON
$250,000
3 beds1 bath1,144 sq ft
220 18th St SW, Rochester, MN 55902
$619,000
4 beds4 baths3,417 sq ft
4823 Scenic Oak Dr SW, Rochester, MN 55902
OPEN SUN, 10:30AM TO 12PM
$1,625,000
5 beds5 baths6,744 sq ft
1303 Wicklow Ln SW, Rochester, MN 55902
$469,900
2 beds2 baths1,262 sq ft
315 Salem Point Dr SW, Rochester, MN 55902
$464,900
4 beds3 baths2,240 sq ft
1019 11th St SW, Rochester, MN 55902
OPEN SUN, 12:30PM TO 2PM
$685,000
4 beds3 baths3,081 sq ft
827 10 1/2 St SW, Rochester, MN 55902
3D WALKTHROUGH
$195,000
2 beds2 baths1,012 sq ft
1921 Greenfield Ln SW Unit A, Rochester, MN 55902
$400,000
2 beds2 baths1,485 sq ft
868 Southern Ridge Dr SW, Rochester, MN 55902
3D WALKTHROUGH
$850,000
5 beds3 baths3,822 sq ft
5720 Glencroft Ln SW, Rochester, MN 55902
$1,050,000
4 beds3 baths3,452 sq ft
1280 Fox Grove Pl SW, Rochester, MN 55902
See all

Provided by Redfin

Sale history for 512 3rd Ave SW

Date

Event

Price

APPFOLIO #3

May 24, 2024

Rental Removed

$800

$0/sq ft

Apr 10, 2024

Listed for Rent

$800

$0/sq ft

APPFOLIO #2

Mar 14, 2024

Rental Removed

$800

$0/sq ft

Dec 31, 2023

Listed for Rent

$800

$0/sq ft

Dec 24, 2023

Rental Removed

$800

$0/sq ft

Sep 3, 2023

Listed for Rent

$800

$0/sq ft

APPFOLIO #1

Apr 10, 2024

Rental Removed

$800

$0/sq ft

Mar 14, 2024

Listed for Rent

$800

$0/sq ft

Sep 2, 2023

Rental Removed

$825

$0/sq ft

Aug 16, 2023

Listed for Rent

$825

$0/sq ft

Public Records

Jul 15, 2022

Sold

$2,150,000

$373/sq ft

Public Records

Jan 14, 2019

Sold

$1,275,000

$221/sq ft

Public Records

Nov 1, 2017

Sold

$825,000

$143/sq ft

Public Records

Jan 19, 2007

Sold

$1,510,000

$262/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$22,404 (+1.5%)

$429,100 + $916,000

$1,345,100

2025

$22,080 (+10.0%)

$429,100 + $883,000

$1,312,100

2024

$20,072 (−0.7%)

$429,100 + $883,000

$1,312,100

2023

$20,222 (+7.7%)

$429,100 + $883,000

$1,312,100

2022

$18,776 (+4.9%)

$429,100 + $694,100

$1,123,200

2021

$17,906 (−4.2%)

$429,100 + $642,700

$1,071,800

2020

$18,688 (+32.6%)

$429,100 + $642,700

$1,071,800

2019

$14,094 (+6.4%)

$429,100 + $385,000

$814,100

2018

$13,248 (−7.3%)

$429,100 + $331,700

$760,800

2017

$14,286 (+12.6%)

$135,700 + $674,500

$810,200

2015

$12,684 (+1.1%)

$119,200 + $617,900

$737,100

2014

$12,548

$119,200 + $617,900

$737,100

Tax history for 512 3rd Ave SW

Year

Property tax

Land + Additions

Assessment*

2026

$22,404 (+1.5%)

$429,100 + $916,000

$1,345,100

2025

$22,080 (+10.0%)

$429,100 + $883,000

$1,312,100

2024

$20,072 (−0.7%)

$429,100 + $883,000

$1,312,100

2023

$20,222 (+7.7%)

$429,100 + $883,000

$1,312,100

2022

$18,776 (+4.9%)

$429,100 + $694,100

$1,123,200

2021

$17,906 (−4.2%)

$429,100 + $642,700

$1,071,800

2020

$18,688 (+32.6%)

$429,100 + $642,700

$1,071,800

2019

$14,094 (+6.4%)

$429,100 + $385,000

$814,100

2018

$13,248 (−7.3%)

$429,100 + $331,700

$760,800

2017

$14,286 (+12.6%)

$135,700 + $674,500

$810,200

2015

$12,684 (+1.1%)

$119,200 + $617,900

$737,100

2014

$12,548

$119,200 + $617,900

$737,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Aug 21, 2024 • Final

Residential appliance (water heater)

Remove and replace the water heater.

Plumbing

Water heater

May 18, 2023 • Final

Commercial mechanical (hydronic)

Replace the existing boiler in a residential building.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Heating & Cooling
Heating Type: Baseboard Electric

Exterior

Exterior Information
Building Construction Quality: Average
Roof Shape Type: Flat
Building Type: Apartment

Property Information
Subdivision Name: ORIGINAL CITY OF ROCH-PT TORRENS
Living Sq. Ft: 5,768
Adjusted Gross Sq. Ft: 6,201
Ground Floor Sq. Ft: 2,884
Building Sq. Ft: 5,768
Legal Description: SECT-02 TWP-106 RANGE-014 ORIGINAL PLAT (CITY OF ROCH)-P LOT-010 LOT 10 AND N 1/2 LOT 11 BLK 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 9,932
Legal Lot Number: 10
Legal Block Number: 2
Municipality Name: ROCHESTER
Acres: 0.228
County Use Description: 4A APARMENT 4 OR MORE UNITS

Financial

Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER CITY 0535

Public facts

Beds: —
Baths: —
Sq. Ft.: 5,768
Stories: —
Lot Size: 9,932 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1980
County: Olmsted County
APN: 640213017713

Home facts updated by county records on Sep 28, 2026

Around this home

Schools

Folwell Elementary School

Public PreK-5 • Assigned • 1.0mi

8/10

John Adams Middle School

Public 6-8 • Assigned • 2.8mi

5/10

Mayo Senior High School

Public 9-12 • Assigned • 1.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Rochester, MN • 55902

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 55902

COMING SOON

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315 Salem Point Dr SW, Rochester, MN 55902

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OPEN SUN, 12:30PM TO 2PM

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3D WALKTHROUGH

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Home values near 512 3rd Ave SW

Data from public records.

Address	Redfin Estimate
507 3rd Ave SW, Rochester, MN 4 Beds \| 2 Baths \| 2507 Sq. Ft.	$327,942
505 2nd Ave SW, Rochester, MN 4 Beds \| 2 Baths \| 2243 Sq. Ft.	$371,243

Address	Redfin Estimate
503 2nd Ave SW, Rochester, MN 6 Beds \| 4 Baths \| 2460 Sq. Ft.	$358,640
212 5th St SW, Rochester, MN 3 Beds \| 1 Baths \| 1990 Sq. Ft.	$262,249

Address	Redfin Estimate
511 2nd Ave SW, Rochester, MN 4 Beds \| 2 Baths \| 896 Sq. Ft.	$393,382
304 5th St SW, Rochester, MN - Beds \| - Baths \| 1774 Sq. Ft.	$347,103

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 55902, MN

Sale history for 512 3rd Ave SW

Tax history for 512 3rd Ave SW

Permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 55902

Home values near 512 3rd Ave SW

More real estate resources