4739 14th Avenue NW, Rochester, MN 55901
- Added:
- Jun 16, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 1 at 4:06 am
Property Features for 4739 14th Avenue NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 8, Bedroom 4, Bedroom 5
- Parking features
- Parking Lot
- Exterior features
- Vinyl
- Standard status
- Pending
- APN
- 741513010758
- Size
- 3,584 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6010
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1983
- Building materials
- Frame
Listing agent Jim Armstrong (507) 288-3333
Listing office Progressive Real Estate 6161 Somersby Ct NW, Rocheter, MN (507) 288-3333
Listing date Jun 16, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 4‑plex with four 2‑bedroom units
- Tenants pay heat/electric
- Shingles, windows, and siding replaced in 2019
- Frame exterior with vinyl exterior features
- Hot water heating
- Parking lot on‑site
Overview
The property is located at 4739 14th Avenue NW in Rochester, Minnesota (Olmsted County). It sits on a 0.21-acre lot and has 3,584 square feet of total building area.
With all units currently occupied, this 4-plex may appeal to buyers looking for an already-leased setup and a clean, residential income profile. The two-bedroom unit mix can be attractive for renters seeking additional space, while tenant-paid heat and electric may help reduce utility expenses at the owner level. The 2019 exterior updates may also support ongoing property maintenance planning.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.1k | $16.20 |
| − Vacancy | −$2.9k | −$0.81 |
| EGI | $55.2k | $15.39 |
| − OpEx | −$16.5k | −$4.62 |
| NOI | $38.6k | $10.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.484476
- Latitude
- 44.072754
