Welcome to 587 University Avenue, a well-positioned three-unit property in Rochester’s desirable 14607 area. The first-floor unit is currently vacant and was previously rented for $2,800/month, offering an excellent opportunity for an owner-occupant or investor to occupy one unit while generating rental income from the remaining apartments.The second-floor unit features 3 bedrooms and 1.5 bathrooms and is leased through June 2027 at $1,500/month, with a detached garage available for an additional $100/month. The third-floor unit offers 2 bathrooms and is currently rented for $1,950/month.Recent updates include new HVAC systems on two units and a side condenser approximately 2 years ago, new electrical breakers and house meters approximately 20 years ago, and a water heater approximately 10 years old. Conveniently located near the University of Rochester, Strong Memorial Hospital, shopping, dining, and neighborhood amenities.A great opportunity for an owner-occupant looking to offset their housing costs or an investor seeking a multifamily property with established rental income and additional income potential. Delayed Negotiations until 10/30/2026 @4:20 PM.
Active
$680,000
587 University Ave, Rochester, NY 14607
10beds
5,109sqft
Triplex, Multi Family
Built in 1893
-- sqft lot
$671,400 Zestimate®
$133/sqft
$-- HOA
What's special
Detached garage available
- 12 days
- 873
- 54
Zillow last checked:
Listing updated:
Listed by:
East Ave Realty 585-623-3397,
Mark L. Cold 585-615-7864,
Leah Kathryn Ferreri 585-200-4905,
East Ave Realty
Source: NYSAMLSs,MLS#: R1722445
Originating MLS: Rochester
Originating MLS: RochesterFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Gas, Forced Air
Features
- Cedar Closet(s), Ceiling Fan(s), Entrance Foyer
- Flooring: Hardwood, Laminate, Tile, Varies
- Windows: Leaded Glass
- Basement: Full
- Number of fireplaces: 5
Interior area
- Total structure area: 5,109
- Total interior livable area: 5,109 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved, Parking Available, Two or More Spaces, Garage
- Garage spaces: 2
Lot
- Size: 10,018 Square Feet
- Dimensions: 63 x 161
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 26140012127000010110000000
- Zoning description: Residential Multi Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Blown-In Insulation, Brick, Frame
- Foundation: Stone
Condition
- Resale
- Year built: 1893
Utilities & green energy
- Sewer: Connected
- Water: Connected, Not Connected, Public
- Utilities for property: Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Subdivision: C Johnson
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $625,000
- Annual tax amount: $13,410
- Date on market: 10/16/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional,FHA
Estimated market value
$671,400
$638,000 - $705,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Price change | $3,200-8.6%$1/sqft |
Source: NYSAMLSs #R1722971 Report a problem | ||
| 10/24/2026 | Price change | $3,500+34.6%$1/sqft |
Source: NYSAMLSs #R1722971 Report a problem | ||
| 10/21/2026 | Listed for rent | $2,600$1/sqft |
Source: NYSAMLSs #R1722971 Report a problem | ||
| 6/12/1995 | Sold | $50,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $625,000 |
| 2024 | -- | $625,000 +86% |
| 2023 | -- | $336,000 |
| 2022 | -- | $336,000 |
| 2021 | -- | $336,000 |
| 2020 | -- | $336,000 +17.9% |
| 2018 | -- | $285,000 |
| 2017 | $10,382 | $285,000 |
| 2016 | -- | $285,000 +5.2% |
| 2015 | $6,614 | $271,000 |
| 2014 | -- | $271,000 |
| 2013 | -- | $271,000 |
| 2012 | -- | $271,000 +17.8% |
| 2011 | -- | $230,000 |
| 2010 | -- | $230,000 |
| 2009 | -- | $230,000 +64.3% |
| 2007 | -- | $140,000 |
| 2006 | -- | $140,000 |
| 2005 | -- | $140,000 |
| 2004 | -- | $140,000 +40% |
| 2003 | -- | $100,000 |
| 2002 | -- | $100,000 |
| 2001 | -- | $100,000 |
| 2000 | -- | $100,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: East Avenue
Nearby schools
Schools provided by the listing agent
- District: Rochester
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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