730 5th ST SW, Rochester, MN 55902
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730 5th ST SW, Rochester, MN 55902
730 5th ST SW, Rochester, MN 55902
730 5th ST SW, Rochester, MN 55902

$1,940,000

Est. payment /mo

$1,975,000

1.8%
Est.Price: ?

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730 5th ST SW Rochester, MN 55902

5,227 Sqft Lot

SOLD DATE : 07/20/2026

Key Details

Sold Price $1,940,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Head & Mcmahon Add

MLS Listing ID 7087050

Sold Date 07/20/26

Year Built 1928

Annual Tax Amount $25,254

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 101x52

Property Description

Located in Rochester's Historic Southwest “Pill Hill” neighborhood, 730 5th St SW is a classic apartment building offering timeless character in one of the city's most walkable and supply-constrained submarkets. The property features studio, one- and two-bedroom units highlighted by hardwood floors, crown molding, large windows, and original architectural details that differentiate it from newer construction.
Positioned just steps from Mayo Clinic, St. Mary's Hospital, and downtown Rochester, the property benefits from consistent rental demand driven by one of the strongest healthcare economies in the country. Rochester's continued population growth and the ongoing Destination Medical Center initiative further reinforce long-term housing stability and upside potential.
With its irreplaceable location, historic charm, and durable demand drivers, 730 5th St SW represents a stable multifamily asset in the heart of a growing medical hub.

Location

State MN

County Olmsted

Zoning Residential-Single Family

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Parking Garage

Garage Spaces 5.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Present Use Residential

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot

Foundation 4468

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Rochester

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Listed by Matthew Gove • Realty Growth Inc.

NEARBY SCHOOLS & BUSINESSES

Niki Fleming

Niki Fleming

Advisor | License ID: 40410873

+1(507) 250-1831

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