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  • $290,000

    414 12th Ave SE, Rochester, MN 55904

    4beds
    3baths
    1,920sqft
    Triplex
    Built in 1952
    -- sqft lot
    $290,100 Zestimate®
    $151/sqft
    $1,428 Estimated rent

    Home value

    $290,100

    $273,000 - $310,000

    $1,428/mo

    Zestimate® history
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    $1,428/mo

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    $1,825/mo

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    $1,825/mo

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    What's special

    Well-maintained and thoughtfully updated triplex offering a strong investment opportunity or ideal owner-occupant setup. This property features three units: two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. All units were remodeled between 2022–2023 with modern updates throughout, including refreshed kitchens, newer stoves and refrigerators, countertops, sinks, updated bathrooms with new tubs/showers, toilets. Units were also freshly painted and new flooring. Metal roof 2012. Updated water heater and water softener 2022. The improvements provide a clean, contemporary feel that appeals to today’s renters. Each unit has its own separate electrical meter, adding convenience for management and tenant billing. Tenants will also appreciate the added value of the detached garage stalls—one per unit—offering secure parking. With solid updates already completed and desirable amenities in place, this triplex is a turnkey property with strong rental potential. Rental certificate expires 8/1/29. Units 2 and 3 have leases expiring 2/28/27. Unit 1 available May 15th 2026. Unit 3 has laundry – new washer/dryer 2022. Close to downtown.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracie Fogelson 507-254-0920,

    Property Brokers of Minnesota

    Bought with:

    Gregory Wildfeuer

    Keller Williams Premier Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7053419MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Baseboard
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Block,Finished
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft
    • Finished area above ground: 960
    • Finished area below ground: 905

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 4
    • Details: Garage Dimensions (34x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 4,530 sqft
    • Dimensions: 37 x 122
    Details
    • Foundation area: 960
    • Parcel number: 640112005422
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Frame
    • Roof: Age Over 8 Years,Metal
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Rochester Public Utilities
    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Rochester
    • Subdivision: Durand Sub

    Price history

    DateEventPrice
    5/18/2026Sold$290,000+3.6%$151/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7053419 Report a problem
    4/19/2026Pending sale$279,900+221.6%$146/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7053419 Report a problem
    12/20/2007Sold$87,036-43.8%$45/sqft
    Source: Public Record Report a problem
    4/13/2007Sold$154,876$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,429 +6.1%$213,800 +4.9%
    2024$3,231 $203,800 -3.5%
    2023-- $211,300 +14.7%
    2022$2,825 +3.1%$184,200 +9%
    2021$2,740 +1.9%$169,000 +3%
    2020$2,690 +13%$164,000 +19.4%
    2019$2,380 $137,400 +9.6%
    2017$2,380 +10.4%$125,400 +2.6%
    2016$2,156 $122,200 -1.3%
    2015$2,156 -3.8%$123,800
    2014$2,242 +63.2%$123,800 +27%
    2012$1,374 $97,500 -21.1%
    2011-- $123,600 -3%
    2010$1,370 -31.7%$127,400
    2008$2,005 $127,400

    Find assessor info on the county website

    Neighborhood: Slatterly Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Riverside Central
    • Middle: Kellogg
    • 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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    Estimated market value
    $290,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $290,100