1509 14th St NW

4
Baths
3,290 Sq. Ft.
$140 / Sq. Ft.
3,290
Sq. Ft.
$140
per Sq. Ft.

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...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!
  1. Listed by Realty Growth Inc.

Property Details for 1509 14th Street Northwest

Subdivision Name
Bielenberg & Giese 3rd
Waterfront YN
No
LISTING UPDATED: 07/08/2026 02:23 PM

Property Details for 1509 14th Street Northwest

StatusComing Soon
MLS #7106188
Days on Compass-
Taxes$6,394 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1964
Lot Size0.17 AC / 7,274 SF
CountyOlmsted County

Location

Listing Courtesy of Realty Growth Inc.
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Building Information for 1509 14th Street Northwest

Stories-Residences4Year Built1964Building Size-Lot Size0.17 AC / 7,274 SF

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Principal and Interest

$2,292

Property Taxes

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HOA Dues

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Property Information for 1509 14th Street Northwest

Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: Take Broadway Ave N to 14th St NW. Turn West. Drive 1.5 miles to 1509 14th St NW, located on the left."
  • Latitude: 44.036352
  • Longitude: -92.484353
  • Map Coordinate: 999-A1
  • City and Location: Rochester
  • City and Location Text: Rochester(MN)
  • Postal Code: 55901
  • State Or Province: MN
  • Public Survey Township: 107
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 742743002385
  • Tax Annual Amount: $6,394.00
  • Tax Legal Description: SECT-27 TWP-107 RANGE-014 BIELENBERG AND GIESE 3RD LOT-001 BLOCK-001 LOT 1 BLOCK 1
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 6394
School Information
  • Elementary School: Harriet Bishop
  • High School: John Marshall
  • High School District: 535 - Rochester
  • Middle Or Junior School: John Adams
  • School District Number: 535
  • School District Phone: 5073283000
Property
Lot Information
  • Above Grade Fin SQFT: 1645.0
  • Below Grade Fin SQFT: 1645.0
  • SQFT Total: 3290.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.167
  • Lot Size Dimensions: 112x65
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • SQFT Main Total: 1645
  • Building Area Total: 3290.0
  • Above Grade SqFt Total: 1645
  • Below Grade SqFt Total: 1645
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Stone, Vinyl
  • Foundation Area: 1645.0
  • Foundation Details: Block
  • Fuel: Natural Gas
Interior Features
  • Basement Type: Daylight/Lookout Windows, Finished
  • Bathrooms Total Count: 4
  • Bedrooms Total: 7
  • Heating: Boiler
  • Laundry Features: Laundry Room
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath Full: 1
  • Unit Cool System: Wall
  • Unit Rooms Total: 4
  • Unit SqFt: 800
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Type Total Rent: 750
Unit 2
  • Unit Bath Full: 1
  • Unit Cool System: Wall
  • Unit Rooms Total: 5
  • Unit SqFt: 800
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 3
  • Unit Is Leased: Y
  • Unit Type Total Rent: 1000

Property History for 1509 14th Street Northwest

DateEvent & SourcePriceAppreciation
Feb 28, 2023

Sold (Public Record)

Public Record #1513111251

$392,000

+4.0% / yr

Feb 28, 2023

Sold

NorthStar #6311954

$392,000
Feb 16, 2023

Pending

NorthStar #6311954

DateEvent & SourcePrice
02/28/2023

Sold (Public Record)

Public Record #1513111251

$392,000

+4.0% / yr

02/28/2023

Sold

NorthStar #6311954

$392,000
02/16/2023

Pending

NorthStar #6311954

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1509 14th Street Northwest

Taxable ValueLand$50,000Additions$330,000Total$380,000
Tax Record2024$4,676 ($390 / month)
Home Facts
Total Finished SqFt3,290 SqFtAbove Grade Finished SqFt3,290 SqFtLot Size7,275 SqFtStyleQuadraplexYear Built1964Year Renovated2000CountyOLMSTEDAPN74.27.43.002385

Schools near 1509 14th Street Northwest

This home is within Rochester Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bishop Elementary School
PublicPK to 5

John Adams Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Washington Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1509 14th Street Northwest is a multi-family home Coming Soon in Rochester, MN 55901. This property is currently priced at $460,000. This listing's school district is Rochester Public School District. Nearby schools include Bishop Elementary School, John Adams Middle School and John Marshall Senior High School. 1509 14th Street Northwest is a 7-bed, 4-bath, 3,290 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Growth Inc.

Based on information submitted to the MLS GRID as of 07/08/2026 02:23 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.