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2013 3rd St SW
Rochester, MN 55902 Uptown Rochester

$1,300,000 USD

Land For Sale  •  0.46 AC

Property Details

  • Property Type Land
  • Lot Size 0.46 AC
0 Transit Score
76 Walk Score

Description

This .46 acre multifamily development site is preliminary approved for 52 units studio and one-bedroom apartments. The site size and unit count support an efficient apartment project without overcomplicating design or execution. The preliminary approved building plans were designed within the MX-T Corridor zoning standards allowing for a favorable Type "S*" approval under the City of Rochester's Unified Development Code (UDC). This offering is well suited for investors seeking a clear, build-ready opportunity with long-term income potential.

Rochester is a steady, growing city with reliable demand for rental housing. The location at 2015 3rd Street SW sits directly along the new Link Rapid Transit line, offering simple and convenient access through key parts of the city. The corridor connects to Downtown Rochester and major employment centers, supporting daily commuting and long-term housing demand. Ongoing public investment in transportation and infrastructure continues to strengthen this part of the city. Combined with Rochester’s strong employment base and focus on practical growth, this location offers clear support for future multifamily development.

Highlights

Preliminary Approved for 52-unit multifamily development
Zoned MXT-COR
Suited for apartment development
Strong long-term income potential
8 Blocks from Mayo Clinic's Saint Mary's Campus
1 Block from the future link transit station

Public Transportation

AirportDriveWalkDistance
Rochester International 13 min - 9.1 mi
AJ Hawkins 507-259-6556 North Rock Real Estate, LLC
AJ Hawkins 507-259-6556 North Rock Real Estate, LLC