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$460,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 7 Total Beds
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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!

Full Property Details for 1509 14th St NW

General

  • Sold For: $460,000
  • Taxes: $6,394 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7106188
  • Added to Site: 49 day(s) ago

School Information

  • School District: 535 - Rochester
  • High School District: Rochester
  • Elementary School: Harriet Bishop
  • Middle School: John Adams
  • High School: John Marshall

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Financial Considerations

  • Operating Expenses: $9,450
  • Tax Amount: $6,394
  • Tax Year: 2025
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SECT-27 TWP-107 RANGE-014 BIELENBERG AND GIESE 3RD LOT-001 BLOCK-001 LOT 1 BLOCK 1
  • Property ID: 742743002385

Listed by Realty Growth Inc.
Sold by Progressive Real Estate

Listing agent

— 1509 14th St NW —

  • Realty Growth Inc.

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1509 14th St NW

School District:Rochester Public School District
NameGradesDistance
Bishop Elementary School
406 36th Avenue Northwest, Rochester, MN 55901
PK-51.8 mi
John Marshall Senior High School
1510 14th Street Northwest, Rochester, MN 55901
9-120.1 mi
John Adams Middle School
1525 31st Street Northwest, Rochester, MN 55901
6-81.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1509 14th St NW

Date
Details
Price
Change
Source
8/07/2026
Sold
$460,000
—
MLS
7/13/2026
Listed
$460,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Realty Growth Inc.
Sold by Progressive Real Estate

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1509 14th Street NW, Rochester, MN 55901 (MLS# 7106188) is a Multi-Family property that was sold at $460,000 on August 07, 2026. Want to learn more about 1509 14th Street NW? Do you have questions about finding other Multi-Family real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.