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1116 7th Ave

Rochester, MN 55901

2 bd 3 ba 1,088 sqft Built 1948 Lot 6,164 sqft single_family
Most recent sale
$350,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $350,000 MLS #6200134
Jun 6, 2022 Listed $349,900 MLS #6200134
Apr 24, 2020 Sold $164,900 MLS #5541924
Mar 24, 2020 Listed $164,900 MLS #5541924
Feb 2, 2009 Listed $119,900 MLS #3642687
Jul 10, 2008 Listed $124,900 MLS #4004483
Jun 10, 2008 Listed $123,900 MLS #3557031
Aug 9, 2005 Sold $119,900 MLS #2907666
May 5, 2005 Listed $119,900 MLS #2907666
Jul 30, 1999 Sold $87,500 Public Record
Jul 30, 1998 Sold $67,750 Public Record
Feb 1, 1992 Sold $58,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,400 $32,300 $256,700 $3,646
2023 $151,500 $35,000 $186,500 $2,366
2022 $122,000 $35,000 $157,000 $2,160
2021 $101,300 $25,000 $126,300 $1,740
2020 $101,300 $25,000 $126,300 $1,688
2019 $92,500 $25,000 $117,500 $1,566
2018 $84,600 $25,000 $109,600 $1,450
2017 $80,800 $20,000 $100,800 $1,386
2016 $75,000 $20,000 $95,000 $1,354
2015 $70,700 $20,000 $90,700 $1,282
2014 $71,300 $20,000 $91,300 $1,226
2013 $68,700 $20,000 $88,700 $1,274
2012 $69,100 $20,000 $89,100 $1,340
2011 $80,500 $14,400 $94,900 $1,244
2010 $80,500 $14,400 $94,900 $960
2009 $83,000 $14,400 $97,400 $934
2008 $83,000 $14,400 $97,400 $964

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,088 sqft
Lot size
6,164 sqft
ZIP code
55901
City
Rochester
Street
7th Ave
Coordinates
44.03466, -92.47190

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,632
Gross rental yield
5.60%
Implied cap rate
3.64%
Trend-extrapolated value

Frequently asked questions

When did 1116 7th Ave last sell?
1116 7th Ave most recently sold on Jun 30, 2022 for $350,000.
What is the current tax assessment for 1116 7th Ave?
The most recent total assessment for 1116 7th Ave (year 2025) is $256,700 with $3,646 in property tax.
How does 1116 7th Ave's assessment compare to its last sale price?
The current assessment is 26.7% below the last sale price of $350,000.
When was 1116 7th Ave built?
1116 7th Ave was built in 1948.
How does 1116 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 1116 7th Ave?
1116 7th Ave is a 2 bed, 3 bath, 1,088 sqft, 6,164 sqft lot single_family.
Is 1116 7th Ave a flip candidate?
No — 1116 7th Ave does not appear in our flips dataset.
Is 1116 7th Ave a tax-appeal candidate?
No — 1116 7th Ave is not currently flagged as a tax-appeal candidate.

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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