$460,000
Off-Market Date: 07/15/20261509 14th Street NW Rochester, MN 55901
Pending MLS# 7106188
7 beds 4 baths 3,290 sq ft Multi-family
Details for 1509 14th Street NW
MLS# 7106188
Description for 1509 14th Street NW, Rochester, MN, 55901
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!
Listing Information
Property Type: Multi-family, Four Plex
Status: Pending
Bedrooms: 7
Bathrooms: 4
Lot Size: 0.17 Acres
Square Feet: 3,290 sq ft
Year Built: 1964
Foundation: 1,645 sq ft
Stories: 2 Stories
Subdivision: Bielenberg & Giese 3rd
Number Of Units Total: 4
County: Olmsted
Days On Market: 2
Construction Status: Previously Owned
School Information
District: 535 - Rochester
Elementary: Harriet Bishop
Middle: John Adams
High: John Marshall
Additonal Room Information
Laundry: Laundry Room
Interior Features
Square Footage above: 1,645 sq ft
Square Footage below: 1,645 sq ft
Basement: Finished (Livable), Daylight/Lookout Windows
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Boiler, Natural Gas
Exterior / Lot Features
Exterior: Brick/Stone, Vinyl
Lot Dimensions: 112x65
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 750
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 1 Rooms Total: 4
Unit 2 Units Total: 3
Unit 2 Actual Rent: 1000
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 5
Driving Directions
Take Broadway Ave N to 14th St NW. Turn West. Drive 1.5 miles to 1509 14th St NW, located on the left."
Financial Considerations
Owner Pays: Gas,Sewer,Trash,Water
Gross Income: 45000
Expense: 9450
Tax/Property ID: 742743002385
Tax Amount: 6394
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Realty Growth Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Sales History & Tax Summary for 1509 14th Street NW
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1509 14th Street NW
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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