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.
Don’t miss your chance to secure a high-performing asset in a sought-after location—opportunities like this don’t come around often!
Active
$439,000
1351 5th Ave SE, Rochester, MN 55904
7beds
4baths
3,360sqft
Est.:
Quadruplex
Built in 1968
-- sqft lot
$432,700 Zestimate®
$131/sqft
$-- HOA
What's special
Quiet cul-de-sacCorner lot
- 10 days
- on Zillow |
- 739 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: April 20, 2025 at 11:57am
Listed by:
Alex Brainard 507-722-2804,
Harbor Realty & Management Group LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6698192

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Boiler
Features
- Basement: Egress Window(s),Finished,Full
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
- Finished area above ground: 3,360
- Finished area below ground: 1,680
Property
Parking
- Total spaces: 4
- Parking features: Detached, Asphalt
- Garage spaces: 4
- Details: Garage Dimensions (40x20), Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 0.31 Acres
- Dimensions: 460
Details
- Foundation area: 1668
- Parcel number: 641222013410
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick/Stone, Metal Siding
- Roof: Age 8 Years or Less
Condition
- Age of Property: 57
- New construction: No
- Year built: 1968
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Meadow Park Resub B-Torrens
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $389,000
- Annual tax amount: $5,072
- Date on market: 4/16/2025
- Tenant pays: Gas, Sewer, Trash Collection
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