317 14th Street Sw, Rochester, MN
$649,900
8
Beds
4
Baths
3,344
Square feet
0.19
Acres
About 317 14th Street Sw
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!
Features of 317 14th Street Sw
| MLS® # | 7101999 |
|---|---|
| Price | $649,900 |
| Square Footage | 3,344 |
| Acres | 0.19 |
| Year Built | 1962 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 317 14th Street Sw |
|---|---|
| Subdivision | Graham Add - Torrens |
| City | Rochester |
| County | Olmsted |
| State | MN |
| Zip Code | 55902 |
Amenities
| Utilities | Electric Separate |
|---|---|
| Parking | Concrete, Paved Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
|---|---|
| Heating | Baseboard, Heat Pump |
| Cooling | Ductless Mini-Split |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior Features | Metal |
|---|---|
| Lot Description | Corner Lot |
School Information
| District | Rochester |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $6,636 |
| Tax Year | 2025 |
| Office | Harbor Realty & Management Gro |
Listing Details
| Office | Harbor Realty & Management Gro |
|---|