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$460,000 Coming Soon

  • For Sale
  • Coming Soon
  • Multi-Family
  • 4 Units
  • 7 Total Beds
  • Updated 2 days ago
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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

  • Price: $460,000
  • Taxes: $6,394 (2025)
  • Status: Coming Soon
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7106188
  • Updated: 7/8/2026
  • Added to Site: 3 day(s) ago
  • Expected Market Date: 7/13/2026

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Laundry Room, Laundry Room

Location

  • County: Olmsted
  • Township: Rochester
  • Subdivision: Bielenberg & Giese 3rd
  • 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."

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)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Finished
  • Foundation Size: 1645
  • Disability Access: None
  • Square Feet: 3,290
  • Above Ground: 1,645 Sq. Ft.
  • Below Ground: 1,645 Sq. Ft.
  • Finished Down/Base.: 3,290 Sq. Ft.
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.167
  • Lot Dimensions: 112 x 65

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.

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Listing agent

— 1509 14th St NW —

  • Realty Growth Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$460,000
17.35%
MLS
2/28/2023
Sold
$392,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1509 14th St NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,394
37%
$380,000
24%
2023
$4,676
5%
$305,700
5%
2022
$4,470
—
$290,000
3%
2023
$4,470
-5%
$282,200
—
2021
$4,716
-4%
$282,200
—
2020
$4,920
16%
$282,200
15%
2019
$4,246
—
$245,300
3%
2019
$4,246
10%
$238,500
9%
2017
$3,862
—
$219,000
4%
2017
$3,862
1%
$211,200
6%
2016
$3,826
—
$198,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1509 14th St NW

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NMLS#: 1598647

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Listed by Realty Growth Inc.

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1509 14th Street NW, Rochester, MN 55901 (MLS# 7106188) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 1509 14th Street NW is currently listed for $460,000 and was received on July 08, 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.

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