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  • $649,900

    317 14th St SW, Rochester, MN 55902

    8beds
    4baths
    3,272sqft
    : 
    $4,362/mo
    Get pre-qualified
    Fourplex
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $199/sqft
    $-- HOA

    What's special

    New plumbingIn-unit laundryEfficient boiler heat
    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!
    19 days
    410
    28

    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Brainard 507-722-2804,

    Harbor Realty & Management Gro

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7159714MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Boiler, Ductless Mini-Split
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Block,Daylight,Egress Window(s),Finished,Full,Single Tenant Access
      Interior area
      • Total structure area: 3,344
      • Total interior livable area: 3,272 sqft
      • Finished area above ground: 1,672
      • Finished area below ground: 1,600

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      Lot
      • Size: 8,450 Square Feet
      • Dimensions: 110 x 77
      • Features: Corner Lot
      Details
      • Foundation area: 1672
      • Parcel number: 641112008687

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Fourplex
      Materials
      • Block
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Electric: Circuit Breakers, 100 Amp Service
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Graham Add - Torrens
      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $394,300
      • Annual tax amount: $6,568
      • Date on market: 10/14/2026
      • Cumulative days on market: 124 days
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,516/mo

        Price history

        DateEventPrice
        10/14/2026Listed for sale$649,900+182.6%$199/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7159714 Report a problem
        8/25/2021Sold$230,000$70/sqft
        Source: Public Record Report a problem
        7/29/2021Pending sale$230,000$70/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6072635 Report a problem
        7/29/2021Listed for sale$230,000+142.1%$70/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6072635 Report a problem
        7/12/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        5/1/2021Listed for rent$900+5.9%
        Source: Zillow Rental Network Premium Report a problem
        1/10/2020Listing removed$850
        Source: Jakobson Management Company Report a problem
        12/23/2019Listed for rent$850
        Source: Jakobson Management Company Report a problem
        11/22/2011Sold$95,000$29/sqft
        Source: Public Record Report a problem
        7/25/2011Sold$95,000$29/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,636 +72.5%$394,300
        2024$3,848 $394,300 +56.8%
        2023-- $251,500 +3.4%
        2022$3,320 +7.4%$243,200 +22.5%
        2021$3,092 +1.2%$198,600 +7.3%
        2020$3,056 +6.4%$185,100 +11.6%
        2019$2,872 $165,800 +4.9%
        2017$2,872 +7.6%$158,000 +4.4%
        2016$2,670 $151,400 +19.3%
        2015$2,670 +16.2%$126,900 +2.7%
        2014$2,298 +5.8%$123,600 -3.1%
        2012$2,172 $127,600 -18.4%
        2011-- $156,400 +0.2%
        2010$1,762 -0.3%$156,100
        2008$1,768 $156,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55902

        Getting around

        66 / 100
        Somewhat Walkable
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ben Franklin
        • Middle: Willow Creek
        • High: Mayo

        Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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