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506 12th St

Rochester, MN 55901

4 bd 2 ba 2,036 sqft Built 1951 Lot 6,970 sqft multi_family
Most recent sale
$240,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $240,000 MLS #6166306
Apr 13, 2022 Price changed $250,000 MLS #6166306
Apr 4, 2022 Price changed $285,000 MLS #6166306
Mar 18, 2022 Listed $315,000 MLS #6166306
Apr 1, 1988 Sold $53,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $262,100 $35,000 $297,100 $5,000
2023 $239,400 $33,600 $273,000 $3,484
2022 $190,400 $32,700 $223,100 $3,098
2021 $171,730 $22,870 $194,600 $2,718
2020 $171,730 $22,870 $194,600 $2,578
2019 $154,220 $22,510 $176,730 $2,386
2018 $141,560 $22,200 $163,760 $2,238
2017 $134,700 $17,500 $152,200 $1,798
2016 $102,700 $16,600 $119,300 $1,828
2015 $102,500 $16,600 $119,100 $1,706
2014 $102,500 $16,600 $119,100 $1,648
2013 $100,800 $16,500 $117,300 $1,708
2012 $100,756 $16,544 $117,300 $1,662
2011 $106,794 $8,906 $115,700 $1,592
2010 $129,500 $10,800 $140,300 $1,600
2009 $133,400 $10,800 $144,200 $1,562
2008 $133,400 $10,800 $144,200 $1,606

Property facts

Year built
1951
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
2,036 sqft
Lot size
6,970 sqft
ZIP code
55901
City
Rochester
Street
12th St
Coordinates
44.03490, -92.47018

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 12th St last sell?
506 12th St most recently sold on Jun 2, 2022 for $240,000.
What is the current tax assessment for 506 12th St?
The most recent total assessment for 506 12th St (year 2025) is $297,100 with $5,000 in property tax.
How does 506 12th St's assessment compare to its last sale price?
The current assessment is 23.8% above the last sale price of $240,000.
When was 506 12th St built?
506 12th St was built in 1951.
How does 506 12th St compare to others on 12th St?
We track 8 other properties on 12th St. Browse the list under "Other properties on 12th St" to compare beds, baths, and sale history.
What are the property facts for 506 12th St?
506 12th St is a 4 bed, 2 bath, 2,036 sqft, 6,970 sqft lot multi_family.
Is 506 12th St a flip candidate?
No — 506 12th St does not appear in our flips dataset.
Is 506 12th St a tax-appeal candidate?
Yes — 506 12th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$356.4K
2026 Q4
$354.7K
ZIP 55901 — Median Price History + Forecast

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