Home for Sale in Rochester
1351 5th SE Avenue
Rochester, MN 55904

Price
$439,000

MLS #
6698192

Status
Active


Request Showing

Property Details

No. of Units
4

Year Built
1968

Square Feet
3,360

Acres
0.31

2024 Property Taxes
$5,072

School District
Rochester

County
Olmsted


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!

6698192
Leaflet | Map data © Mapbox contributors

From Highway 63 North, head south into Rochester. Turn left onto 6th Street SE, then continue for a few blocks. Turn right onto 14th Avenue SE, then take a left onto 5th Avenue SE. The destination, 1351 5th Avenue SE, will be on your left


From Highway 63 North, head south into Rochester. Turn left onto 6th Street SE, then continue for a few blocks. Turn right onto 14th Avenue SE, then take a left onto 5th Avenue SE. The destination, 1351 5th Avenue SE, will be on your left

Unit Information


Unit 1

Unit 2

Unit 3

Unit 4

Features


Heating
Boiler

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Alex Brainard of Harbor Realty & Management Group LLC

Listed
04/09/25 and last updated 06/12/25

northstar Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Similar Listings