Additional details

Erik Laine

erik@tedtalksautomation.com +1(612) 234-1439

$649,900

Est. payment - /mo

8 Beds

4 Baths

3,272 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,272 sqft

Price per Sqft $198

Subdivision Graham Add - Torrens

MLS Listing ID 7159714

Bedrooms 8

Year Built 1962

Annual Tax Amount $6,568

Tax Year 2026

Contingent None

Lot Size 8,450 Sqft

Lot Dimensions 110x77

Property Sub-Type Fourplex

Property Description

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!

Location

State MN

County Olmsted

Rooms

Basement Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Single Tenant Access

Interior

Heating Boiler, Ductless Mini-Split

Fireplace No

Laundry In Unit

Exterior

Roof Type Architectural Shingle

Building

Lot Description Corner Lot

Story One

Foundation 1672

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Block

New Construction false

Schools

Elementary Schools Ben Franklin

Middle Schools Willow Creek

High Schools Mayo

School District Rochester

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Listed by Alex Brainard • Harbor Realty & Management Gro

Nearby School & Business

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Erik Laine

+1(612) 234-1439

Agent License ID: 40093959

317 14th ST SW Rochester, MN 55902

Erik Laine

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information