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$1,975,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Head & Mcmahon Add
MLS Listing ID 7087050
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.
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
Inclusions Building
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 School & Business
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