Pill Hill Apartments

730 5th St Sw, Rochester, MN 55902

Property Information

  • For Sale $1,975,000
  • Property Type Other
  • Property Size 12,688 SF
  • Date Updated Jul 1, 2026

Description

Located in Rochester’s historic southwest “Pill Hill” neighborhood, 730 5th St SW is a classic apartment building offering timeless character in one of the city’s most walkable and supply-constrained submarkets.

The property features studio, one-, and two-bedroom units highlighted by hardwood floors, crown molding, large windows, and original architectural details that differentiate it from newer construction. Positioned just steps from Mayo Clinic, St. Mary’s Hospital, and downtown Rochester, the property benefits from consistent rental demand driven by one of the strongest healthcare economies in the country.

Rochester’s continued population growth and the ongoing Destination Medical Center initiative further reinforce long-term housing stability and upside potential. With its irreplaceable location, historic charm, and durable demand drivers, 730 5th St SW represents a stable multifamily asset in the heart of a growing medical hub.

Highlights

  • Attractive Unit Mix: Features a variety of floor plans.
  • Desirable Location: Situated near Mayo Clinic and St. Marys Hospital.
  • Heated Off-Street Parking: A premium amenity for the local climate.
  • Historic Building: Character-rich units in a classic setting.
  • Market Growth: Driven by the expanding healthcare sector.
  • Walkable: Short distance to Downtown Rochester.

Contacts

Location

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