317 14th Street SW Rochester, MN 55902

$649,900
Active
estimated monthly payment
8 Beds  |  4 Baths  |  3,272 Sq Ft  |  Fourplex  |  MLS # 7159714
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About The Listing

Completely remodeled from top to bottom, this turnkey 4-plex is an outstanding investment opportunity in the heart of Rochester! Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer searching for a low-maintenance income property, this one checks all the boxes.

Every major component has been updated with quality and longevity in mind, including new plumbing, electrical, boiler system, water heater, kitchens, bathrooms, and much more. All renovations were completed with the proper permits and have received occupancy approval from the City, giving buyers added confidence and peace of mind.

The property features four fully occupied 2-bedroom, 1-bath units, each thoughtfully designed with its own in-unit laundry. Every apartment is served by efficient boiler heat while also offering the comfort and flexibility of an individual mini-split system with both air conditioning and heat pump functionality. Electric is individually metered, making utility management simple and efficient.

Located just minutes from everything Rochester has to offer—including world-class healthcare, dining, shopping, entertainment, parks, and major employers—this property combines a prime location with extensive improvements and reliable rental income. Opportunities to purchase a fully renovated, fully occupied multifamily property of this caliber are few and far between. Schedule your showing today and see why this investment stands out from the rest!


Listing courtesy of Alex Brainard, Harbor Realty & Management Gro
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1962
MLS #: 7159714
Bedrooms: 8
Square Feet: 3,272
Price Per Square Foot: $199
Garage Spaces: 0
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler, Ductless Mini-Split
Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Single Tenant Access
Foundation Type: Block
Construction Description: Block
Roof Description: Architectural Shingle
Days On Market (Continuous): 106
Disability Features: None
Latest Update: 10/15/2026
List Date: 10/14/2026
Listing Agent ID: 503514440
Listing Office: Harbor Realty & Management Gro
Listing Office ID: 253039
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Unit
Exterior Features: Metal
Lot Dimensions: 110x77
Lot Size: 0.194 Acres
Lot Features: Corner Lot
Elementary School: Ben Franklin
High School: Mayo
Middle/Junior High School: Willow Creek
School District: Rochester
Tax Year: 2026
Estimated Taxes: $6,568
Contingency Type: None
City: Rochester
Zip: 55902
County: Olmsted
Subdivision: Graham Add - Torrens
State: MN

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Listing last updated: 10/15/26

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