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$ 460,000
Est. payment /mo
New
1509 14th ST NW Rochester, MN 55901
7 Beds
4 Baths
3,290 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,290 sqft
Price per Sqft $139
Subdivision Bielenberg & Giese 3Rd
MLS Listing ID 7106188
Bedrooms 7
Year Built 1964
Annual Tax Amount $6,394
Tax Year 2025
Contingent None
Lot Size 7,274 Sqft
Lot Dimensions 112x65
Property Sub-Type Fourplex
Property Description
Excellent investment opportunity! This turn-key, fully occupied four-plex in NW Rochester generates reliable income with long-term tenants already in place. The property boasts a durable metal roof and a low-maintenance vinyl exterior with brick accents. The unit mix includes three 2BR/1BA units and one 1BR/1BA unit—all currently leased. Landlord operations are streamlined with a shared gas-boiler heating system and tenant-paid electric, plus coin-operated common laundry for bonus income. With most units on month-to-month leases, the new owner has immediate upside to adjust rents to market rates. Capitalize on strong Rochester rental demand and add this solid performer to your portfolio!
Location
State MN
County Olmsted
Rooms
Basement Daylight/Lookout Windows, Finished
Interior
Heating Boiler
Fireplace No
Laundry Laundry Room
Building
Story Two
Foundation 1645
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
Elementary Schools Harriet Bishop
Middle Schools John Adams
High Schools John Marshall
School District Rochester
Listed by Robert Beeman • Realty Growth Inc.