Rochester, MN 55904,1351 5th AVE SE
Rochester, MN 55904,1351 5th AVE SE
Rochester, MN 55904,1351 5th AVE SE
25
$428,000
$439,000
2.5%
Est.Price: ?

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5,040 SqFt

1351 5th AVE SE Rochester, MN 55904

Est. payment /mo
SOLD DATE : 09/05/2025

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Key Details

Sold Price $428,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $84

Subdivision Meadow Park Resub B-Torrens

MLS Listing ID 6698192

Sold Date 09/05/25

Year Built 1968

Annual Tax Amount $5,072

Tax Year 2024

Contingent None

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 460

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity! Nestled on a beautifully maintained corner lot at the end of a quiet cul-de-sac, this fully occupied 4-plex offers the perfect blend of stability, income, and future potential. Pride of ownership shines throughout—from the meticulously cared-for exterior to the recent updates, including a brand new boiler in 2017 and a roof and gutter replacement in 2016, providing peace of mind for years to come.

Residents enjoy the convenience of a spacious 4-car garage with a durable, maintenance-free steel roof, on-site coin-operated laundry facilities, and an additional storage shed—enhancing both comfort and practicality. The property's stellar rental history and remarkably low vacancy rate underscore its appeal and reliability as a long-term asset.

With untapped potential to boost returns through strategic rent increases and added parking charges, this property is poised to deliver impressive cash flow and value growth. Whether you're a seasoned investor or just starting your real estate journey, this rare find presents the ideal combination of turnkey management and value-add opportunity.

Check out the brand new asphalt driveway!

Don't miss your chance to secure a high-performing asset in a sought-after location—opportunities like this don't come around often!

Location

State MN

County Olmsted

Zoning Residential-Multi-Family

Rooms

Basement Egress Window(s), Finished, Full

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Detached, Asphalt

Garage Spaces 4.0

Roof Type Age 8 Years or Less

Building

Story Split Entry (Bi-Level)

Foundation 1668

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Brick/Stone,Metal Siding

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 Group LLC

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Ben Greene

Ben Greene

Agent | License ID: 40700079

+1(651) 230-2062

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