207 5th Ave SW
Rochester, MN 55902
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Bedrooms
3
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Bathrooms
2
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Square Feet
1,500 sq ft
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Available
Available Now
About This Home
For a 12-month lease, a concession equal to one full month’s rent will be applied to the 12th month of the lease term. This fabulous 3-bedroom, 2-bath condo, tucked into the heart of downtown Rochester, offers a blend of comfort, convenience, and city living that’s hard to match. Perched on the second floor, the home welcomes you with warm hardwood floors that stretch across a spacious living area, perfect for both relaxing evenings and hosting friends. The kitchen, outfitted with sleek granite countertops, flows naturally into the main living space, creating a layout that feels open yet cozy. Each bedroom offers generous space and natural light, making it easy to settle in and feel at home. Whether you're working remotely, sharing the space, or simply enjoying extra room, the layout adapts to a variety of lifestyles. Beyond your front door, this location is elevated by thoughtful amenities, including an indoor heated pool, library, on-site fitness center, laundry facilities, bike storage, and the convenience of one included underground heated garage parking space—especially valuable for Minnesota winters. Step outside, and you’re just off 2nd Street, within easy walking distance of Mayo Clinic and the vibrant downtown scene. While the area is currently experiencing improvements as part of a major corridor project, this is a temporary chapter in the neighborhood’s story. The ongoing road construction along 2nd Street is expected to wrap up in the winter of 2026–2027, with full corridor completion anticipated by late 2026 alongside the launch of a new transit system. Once finished, the upgrades are set to bring smoother travel, improved accessibility, and an even more connected downtown experience. Potential families will appreciate the proximity to local schools, including Folwell Elementary, Friedell Middle School, and Mayo Senior High School, all just a short distance away. Residents pay all utilities, plus a $10 monthly technology fee and a $10.50 landlord liability insurance fee. Renter’s insurance is required. Applicants must have a credit score of at least 601+, earn 2.5× the monthly rent, and provide two positive rental references. The application fee is $55 per adult. Offered by Realty Growth Management, a Minnesota licensed real estate firm, this home is more than just a place to live—it’s an opportunity to be part of a growing and evolving downtown Rochester community. For more information or to schedule a tour, please call .
Unique Features
- 1 Garage Stall Included
- Coin op Laundry
- fitness center
- freezer
- indoor pool
- mailroom
- N/A
- On and Off Street Parking
- secured building
207 5th Ave Sw is a condo located in Olmsted County and the 55902 ZIP Code.
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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One-Time Basics
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Due at Move-In
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Security Deposit - RefundableCharged per unit.$2,100
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Due at Move-In
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Condo Features
- Dishwasher
- Range
- Refrigerator
Contact
- Listed by Realty Growth Management | Realty Growth Management
- Phone Number
- Contact
Rochester, Minnesota centers around healthcare innovation and community living. Home to the Mayo Clinic, the city combines medical excellence with authentic Midwestern hospitality. The downtown area features an extensive network of climate-controlled skyways and subterranean walkways connecting buildings, allowing comfortable navigation throughout the year. Current rental trends show steady growth, with average one-bedroom apartments commanding $1,399 per month, reflecting a modest 1.5% annual increase. Notable areas include the Historic Southwest district, with its architectural charm, and the Heart of the City neighborhood, where residential developments sit near downtown amenities.
Rochester's park system encompasses more than 100 sites across five square miles, including paths along Bear Creek and the Zumbro River. The city maintains 85 miles of paved trails for recreation, while Quarry Hill Nature Center offers 329 acres of natural space within city limits.
Learn more about living in Rochester- Dishwasher
- Range
- Refrigerator
- 1 Garage Stall Included
- Coin op Laundry
- fitness center
- freezer
- indoor pool
- mailroom
- N/A
- On and Off Street Parking
- secured building
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 8 min | 0.4 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.