Sold
Last Sold Price
3,010 sqft$108/sqft
514 16th St NW, Rochester, MN 55901
Multi FamilyProperty Type
8,712 sq ftLot Size
1951Year Built
$108/sq ftPrice per sq ft
2 carsParking Spaces

Description

Lots of possibilities with this quality built up-down duplex with additional studio! Perfect for owner occupancy on the main floor while the bottom units pay the mortgage! Could also be converted to a single family home with the addition of an interior stairwell if you so choose. Main floor has beautiful hardwood floors, wood burning fireplace, gourmet kitchen with large island, stacked laundry hook-ups, and office/additional bedroom. Other features include in-floor heat in lower level and pre-stressed...Lots of possibilities with this quality built up-down duplex with additional studio! Perfect for owner occupancy on the main floor while the bottom units pay the mortgage! Could also be converted to a single family home with the addition of an interior stairwell if you so choose. Main floor has beautiful hardwood floors, wood burning fireplace, gourmet kitchen with large island, stacked laundry hook-ups, and office/additional bedroom. Other features include in-floor heat in lower level and pre-stressed storage/shop area below garage. This home will shine once again with a little polish and some elbow grease. Public transit, bike trails, and park are a short walk away. Located .8 miles from Silver Lake Foods, and 1.1 miles from the Mayo Clinic downtown campus. A moving sale for personal items in home will be taking place July 16th between 10 am - 5 pm, and on July 17th, between 11:30 am - 4 pm.
Listing closed: 08/20/2021 12:00 AM • Source: NorthStar, MLS#: 6022327

Recent comparable sales

Median sold price

$325,000

Avg days on market

49

Sale-to-list ratio

93.1%

Rochester, MN

9 comparable properties found

$291,100 | 24 10th Street Northwest, Rochester, MN 55901
1

$291,100

Sold 09/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,360
Square Feet
0.14
Acres
$301,500 | 1614 4th Avenue Southwest, Rochester, MN 55902
2

$301,500

Sold 11/01/24

Unavailable
Bedrooms
Unavailable
Bathrooms
3,338
Square Feet
0.54
Acres
$362,000 | 1015 12th Street Northwest, Rochester, MN 55901
1/23
3

$362,000

Sold 11/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,600
Square Feet
0.18
Acres
$420,000 | 213 6th Avenue Northwest, Rochester, MN 55901
4

$420,000

Sold 10/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
2,403
Square Feet
0.17
Acres
$370,000 | 217 6th Avenue Northwest, Rochester, MN 55901
5

$370,000

Sold 10/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,761
Square Feet
0.1
Acres
$325,000 | 810 2nd Street Northwest, Rochester, MN 55901
6

$325,000

Sold 10/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
2,992
Square Feet
Unavailable
Acres
$282,500 | 1531 5th Street Northeast, Rochester, MN 55906
7

$282,500

Sold 06/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,728
Square Feet
0.17
Acres
$365,000 | 839 5th Avenue Southeast, Rochester, MN 55904
8

$365,000

Sold 12/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,195
Square Feet
0.18
Acres
$265,000 | 713 8th Avenue Southeast, Rochester, MN 55904
9

$265,000

Sold 10/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,716
Square Feet
0.19
Acres

Location

Sold By Edina Realty, Inc.

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,979 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,652

Property Taxes

$327

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 514 16th Street Northwest

Property Details
  • Taxes: $3,925 / year
  • MLS Type: Residential Income / Duplex Up and Down
  • Subdivision Name: Indian Heights Add
  • Zoning Jurisdiction: Residential-Multi-Family,Residential-Single Family
Building Information
  • Residences: 3
  • Year Built: 1951
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: From Broadway, go west on 13th St NW, 13th St becomes 14th, take right on 5th Ave, take left on 16th St, home will be on left.
  • Latitude: 44.0373669816
  • Longitude: -92.4709639756
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • 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: 742634010478
  • Tax Annual Amount: $3,925.00
  • Tax Legal Description: SECT-26 TWP-107 RANGE-014 INDIAN HEIGHTS ADD LOT-004 BLOCK-002 LOT 4 BLK 2
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2021
  • Tax With Assessments: 3925.0000
School Information
  • Elementary School: Elton Hills
  • High School: John Marshall
  • High School District: 535 - Rochester
  • Middle Or Junior School: John Adams
  • School District Number: 535
  • School District Phone: 507-328-3000
Property
Lot Information
  • Above Grade Fin SQFT: 1559.0
  • Below Grade Fin SQFT: 1451.0
  • SQFT Total: 3010.0
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 88x100
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 1559.0000
  • Above Grade SqFt Total: 1559.0000
  • Below Grade SqFt Total: 1559.0000
  • Sqft Total: 3118.00
Property and Assessments
  • Age Of Property: 72
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: Chain Link
  • Foundation Area: 1559.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Street Lights
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
Interior Features
  • Basement Type: Block, Egress Window(s), Finished, Full, Walkout
  • FireplaceYN: No
  • DP Resource: Y
  • Garage Dimensions: 25x25
  • Garage Square Feet: 625
  • Heating: Baseboard, Boiler, Hot Water, Radiant Floor
  • Levels: One
  • Number of Refrigerator: Two
Multi Family
Unit 1
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 0
  • Unit Rooms Total: 1
  • Unit SqFt: 144
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 12x12
  • Living Room Level: Lower
  • Unit Type Total Rent: 0
Unit 2
  • Unit Amenities: Cable, Ceiling Fan(s), Deck, Kitchen Center Island, Main Floor Primary Bedroom, Tile Floors
  • Unit Appl: Dishwasher, Gas Water Heater, Microwave, Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 2
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Location: Brick
  • Unit Fireplace Num: 1
  • Unit Room Spec: All Living Fac. on One Level,Main Floor Laundry
  • Unit Rooms Total: 5
  • Unit SqFt: 1307
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13x13
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 13x10
  • Bedroom 2 Room Level: Main (Ground)
  • Dining Room Dimensions: 12x12
  • Dining Room Level: Main (Ground)
  • Extra Room 1 Description: Office
  • Extra Room 1 Dimensions: 13x12
  • Extra Room 1 Level: Main (Ground)
  • Kitchen Room Dimensions: 14x16
  • Kitchen Room Level: Main (Ground)
  • Licing Room Dimensions: 19x16 1/2
  • Living Room Level: Main (Ground)
  • Unit Type Total Rent: 0
Unit 3
  • Unit Amenities: Cable, Patio, Tile Floors
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Location: Brick
  • Unit Fireplace Num: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 1307
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13x13
  • Bedroom 1 Room Level: Lower
  • Bedroom 2 Room Dimensions: 11x12
  • Bedroom 2 Room Level: Lower
  • Dining Room Dimensions: 16x12
  • Dining Room Level: Lower
  • Extra Room 1 Description: Utility Room
  • Extra Room 1 Dimensions: 9x12
  • Extra Room 1 Level: Lower
  • Extra Room 2 Description: Laundry
  • Extra Room 2 Dimensions: 9x12
  • Extra Room 2 Level: Lower
  • Kitchen Room Dimensions: 16x12
  • Kitchen Room Level: Lower
  • Licing Room Dimensions: 17 1/2x16
  • Living Room Level: Lower
  • Unit Type Total Rent: 0

Property History for 514 16th Street Northwest

DateEvent & SourcePriceAppreciation
Aug 20, 2021

Sold

NorthStar #6022327

$325,000
Jul 18, 2021

Pending

NorthStar #6022327

Jul 9, 2021

Listed (Active)

NorthStar #6022327

$325,000
DateEvent & SourcePrice
08/20/2021

Sold

NorthStar #6022327

$325,000
07/18/2021

Pending

NorthStar #6022327

07/09/2021

Listed (Active)

NorthStar #6022327

$325,000

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

Public Records for 514 16th Street Northwest

Taxable ValueLand$50,000Additions$342,400Total$392,400
Tax Record2026$6,536 ($545 / month)
Home Facts
Baths3Total Finished SqFt2,884 SqFtAbove Grade Finished SqFt1,559 SqFtFinished Basement SqFt1,325 SqFtStories1Lot Size8,756 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951Year Renovated2000CountyOLMSTEDAPN74.26.34.010478

Schools near 514 16th 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
Elton Hills 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

New listings in 55901

$391,900 | 5343 56th Street Northwest, Rochester, MN 55901
New

$391,900

2
Bedrooms
1,254
Square Feet
0.14
Acres
$294,000 | 3069 Venice Lane Northwest, Rochester, MN 55901
1/31
New

$294,000

3
Bedrooms
1,734
Square Feet
Unavailable
Acres
$397,000 | 842 2nd Street Northwest, Rochester, MN 55901
1/37
New

$397,000

4
Bedrooms
3,073
Square Feet
0.17
Acres
$900,000 | 6921 Bluff Lane Northwest, Rochester, MN 55901
1/96

$900,000

6
Bedrooms
4,471
Square Feet
1.12
Acres
$275,000 | 3513 7th Street Northwest, Rochester, MN 55901
1/35

$275,000

3
Bedrooms
1,633
Square Feet
0.14
Acres
$395,000 | 2032 13th Avenue Northwest, Rochester, MN 55901
1/33

$395,000

4
Bedrooms
2,620
Square Feet
0.19
Acres
$134,500 | 535 19th Street Northwest, Unit 11, Rochester, MN 55901
1/29
Listed By Coldwell Banker Realty

$134,500

2
Bedrooms
922
Square Feet
$329,900 | 1409 7th Avenue Northwest, Rochester, MN 55901
1/41

$329,900

4
Bedrooms
2,156
Square Feet
0.17
Acres
$330,000 | 1126 8th Avenue Northwest, Rochester, MN 55901
1/39

$330,000

4
Bedrooms
2,288
Square Feet
0.17
Acres

Nearby home values

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.

Based on information submitted to the MLS GRID as of 01/09/2023 01:34 AM. 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.