Lori Gustafson

1648 8 1/2 Street Se

Rochester, MN
$ 184,999 Beds 2 Baths 1.5 Sq 964
Monthly Estimate* How much can I afford?

Affordable, stylish, and move-in ready! Opportunities like this don't come along often in Rochester SE - especially at the price point. This charming condo offers a combination of features that are hard to find without stretching your budget. Step inside and enjoy the bright, open-concept layout featuring a spacious living area and a functional modern kitchen, perfect for everyday living and entertaining. The home has been thoughtfully updated with modern finishes, attractive flooring, and a fresh welcoming feel throughout. The generously sized bedrooms offer plenty of natural light and closet space, while the in closet laundry adds comfort and style. Designed for easy living, this low-maintenance home is ready for you to move right in and start enjoying. Location is a standout feature! Conveniently situated in Southeast Rochester, you'll be just minutes from shopping, coffee shops, restaurants, parks, and everyday amenities. Whether you're a first-time buyer, downsizing, or looking for an affordable investment, this condo checks all the boxes. Don't miss your chance to own one of the best values in Rochester SE. Schedule your showing today before it's gone!

Single Family

  • Price
  • $ 184,999
  • City
  • Rochester
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • OLMSTED
  • Half Bathrooms
  • 1
  • Area
  • Akers Homestead
  • Lot Size
  • Zip
  • 55904
  • Sqr Footage
  • 964
  • Year Built
  • 1986
  • Taxes
  • $ 1456
  • Style
  • (CC) Manor/Village
  • MLS#
  • 7090304
Listed By: Re/Max Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 964
Sewer City Sewer/Connected
Heating Baseboard
Cooling Wall Unit(s)
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 200
Garage Spaces 1
Association Fee Includes Building Exterior,Hazard Insurance,Maintenance Grounds,Professional Mgmt,Snow Removal
Year Built 1986
Levels Two
Property Subtype (CC) Manor/Village
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Olmsted
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Akers Homestead
Full Baths 1
Directions Broadway Ave,East on Hwy 14,North on 15th Ave SE,east on 8 1/2 St SE.
High School Mayo
City Rochester
Association Name Akers Asc
High School District Rochester
Zoning Description Residential-Multi-Family,Residential-Single Family
Lot Size Units Acres
Elementary School Riverside Central
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 1456
Middle/Junior High School Willow Creek
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Patio
PostalCity Rochester

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 964
Half Baths 1
Laundry Features In Unit,Upper Level
Total Bedrooms 2
Total Baths 2
Bath Desc Main Floor 1/2 Bath,Upper Level Full Bath
Fuel Electric
Garage Dimensions 12x20
Garage Square Feet 240

Exterior Features

Parking Features Detached Garage,Guest Parking
Water Source City Water/Connected
Building Area Total 468
Lot Dimensions 27x19
Waterfront Y/N No
Foundation Area 496

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Riverside Central Elementary School
Middle School Willow Creek Middle School
High School Mayo High School

Price History

6/10/2026 Listed $199,000
6/15/2026 18% - $164,999

Property vs Zip Code Average in 55904

Price
AVG $420K
$180K
Taxes
AVG $3,695
$1,456
Year Built
AVG 1980
1986
Visits
AVG 93
33
Data Provided by Inside Real Estate®

Areas That We Cover

1648 8 1/2 Street Se Rochester, MN is a Single Family Home for sale at $184999 with 964 sqft and a lot size of Acre(s). 1648 8 1/2 Street Se Rochester has 2 bedrooms, 1 baths and was built in 1986. The property's zip code is 55904 which is in Rochester, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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