Off Market Feb 2025 for $519K

$473,242

Est. refi paymentEst. refi $3,382/mo

•

4,437

sq ft

488 Meigs St, Rochester, NY 14607

About this home

Back on the Market, the deal died due to the buyer's financing. Welcome to this turn-key opportunity in a prime location! This opportunity includes over $50,000 in upgrades and furnishings! This four-family dwelling is a fantastic investment. It boasts four thoughtfully designed units and three fully furnished apartments with luxury modern and farmhouse finishes! This multi-family rental opportunity generates $6,400 monthly and has room to grow. Whether you invest traditionally or Airbnb/short-term, this property can accommodate either strategy seamlessly. The property has a new transferable C of O issued 10/22/2024 and expiring 10/22/2027. These three fully furnished units include all utilities. The fourth unfurnished unit comes with heat/hot water, and the tenant pays for electricity. All units have access to the on-site laundry facility, and the washer/dryer will start with the property. The well-maintained building offers residents a comfortable living experience. Each unit has been remodeled and designed to feature ample natural light, functional layouts, and modern amenities. The property's exterior showcases a blend of curb appeal and low-maintenance landscaping. Don't miss this opportunity to own a versatile and income-producing property in a desirable location.

Multi-familyProperty Type

1925Year Built

5,047 sq ftLot Size

$107Est. Price/Sq.Ft.

2 spacesParking

Listing by Dexter Craig • North Star Real Estate

•585-328-7827 (broker)

•dexter.craig@gmail.com (broker)

Listing by Erica Cooper • North Star Real Estate

•585-328-7827 (broker)

•dexter.craig@gmail.com (broker)

Bought with Nicollette Draudt • Keuka Lake & Land Realty Bath

•607-776-7446 (broker)

•Keukare@Yahoo.Com (broker)

Redfin checked: 3 minutes ago

•Source:UNYREIS #R1568357

Redfin Estimate

$473,242

$46K since sold in February 2025$11K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.1% higher than the average sale price ($422K) of 6 comparable homes.

SOLD JUL 10, 2026
$277,500
A
5 beds4 baths3,168 sq ft
239 Hamilton St, Rochester, NY 14620
Listing by East Ave Realty
SOLD MAY 13, 2026
$500,000
B
5 beds4 baths5,208 sq ft
50 Rowley St Unit D, Rochester, NY 14607
Listing by RE/MAX Realty Group
SOLD AUG 7, 2026
$515,000
C
4 beds4.5 baths3,447 sq ft
48 Girton Pl, Rochester, NY 14607
Listing by RE/MAX Realty Group
SOLD JUL 15, 2026
$285,000
D
3 beds3 baths2,192 sq ft
481 Meigs St, Rochester, NY 14607
Listing by Keller Williams Realty Greater Rochester
SOLD JUL 9, 2026
$610,000
E
5 beds2.5 baths3,504 sq ft
269 Dartmouth St, Rochester, NY 14607
Listing by Hunt Real Estate ERA/Columbus
SOLD AUG 28, 2026
$345,000
F
4 beds2 baths2,057 sq ft
95 Alexander St, Rochester, NY 14620
Listing by Tru Agent Real Estate

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Earn from this home

Refinance

Est. cash available

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Market trends in 14607, NY

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

109.5%

1.4% MoM

Median sale price

$374K

$39K MoM

Avg. days on market

10d

1 days MoM

Recently sold homes

6 MoM

New listings for sale

VIDEO TOUR
$584,900
3 beds3 baths3,152 sq ft
360 Westminster Rd, Rochester, NY 14607
Listing by Hunt Real Estate ERA/Columbus, (585) 785-2000
$525,000
6 beds2.5 baths3,536 sq ft
84 Dartmouth St, Rochester, NY 14607
Listing by Howard Hanna, (585) 473-1320
$485,000
2 beds2.5 baths1,528 sq ft
1 Capron St Unit UN302, Rochester, NY 14607
Listing by RE/MAX Plus, (585) 279-8200
$399,000
7 beds4.5 baths4,937 sq ft
96 Meigs St #96, Rochester, NY 14607
Listing by Empire Realty Group, (585) 347-4900
$1,100,000
7 beds— baths9,730 sq ft
314 Park Ave, Rochester, NY 14607
Listing by Tickle Realty, LLC, (585) 537-7609
$399,000
5 beds2 baths2,437 sq ft
2 Upton Park, Rochester, NY 14607
Listing by Elysian Homes by Mark Siwiec and Associates, (585) 330-8750
$699,000
4 beds3 baths3,851 sq ft
150 Barrington St, Rochester, NY 14607
Listing by Howard Hanna, (585) 473-1320
$425,000
3 beds2.5 baths1,870 sq ft
24 Barrington Park, Rochester, NY 14607
Listing by RE/MAX Realty Group, (585) 248-0250
$199,900
2 beds1.5 baths1,050 sq ft
385 Broadway, Rochester, NY 14607
Listing by Tru Agent Real Estate, (585) 362-6810
$625,000
5 beds— baths7,719 sq ft
366 Alexander St #366, Rochester, NY 14607
Listing by Hunt Real Estate ERA/Columbus, (585) 388-1400
See all

Provided by Redfin

Sale history for 488 Meigs St

Date

Event

Price

UNYREIS #R1568357

Feb 21, 2025

Sold

$519,000

$117/sq ft

Jan 2, 2025

Pending

—

Nov 30, 2024

Price Changed

$519,900

$117/sq ft

Nov 19, 2024

Price Changed

$529,900

$119/sq ft

Nov 5, 2024

Relisted

—

Nov 5, 2024

Price Changed

$539,900

$122/sq ft

Oct 15, 2024

Pending

—

Sep 27, 2024

Listed

$549,900

$124/sq ft

Public Records

Dec 8, 2021

Sold

$300,000

$68/sq ft

Public Records

Aug 21, 2018

Sold

$158,000

$36/sq ft

WNYREIS #1

Sep 16, 2015

Price Changed

$159,900

$36/sq ft

UNYREIS #R280692

Aug 5, 2015

Listed

$159,900

$36/sq ft

UNYREIS #R127470

Dec 14, 2010

Sold

$144,900

$33/sq ft

Sep 8, 2010

Listed

$144,900

$33/sq ft

Public Records

Feb 10, 2006

Sold

$105,000

$24/sq ft

Public Records

Oct 4, 2001

Sold

$58,000

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,596

$15,000 + $285,000

$300,000

2025

$2,596 (−3.2%)

$15,000 + $285,000

$300,000

2024

$2,682 (+51.3%)

$15,000 + $285,000

$300,000

2023

$1,773 (−10.2%)

$15,000 + $143,000

$158,000

2022

$1,974 (−4.3%)

$15,000 + $143,000

$158,000

2021

$2,063

$15,000 + $143,000

$158,000

2020

$2,063 (−4.0%)

$15,000 + $143,000

$158,000

2019

$2,150 (−63.7%)

$15,000 + $143,000

$158,000

2018

$5,924 (+183.5%)

$15,000 + $143,000

$158,000

2017

$2,090 (+0.4%)

$15,000 + $143,000

$158,000

2016

$2,081 (+3.9%)

$15,000 + $143,000

$158,000

2015

$2,004 (−1.2%)

$15,000 + $143,000

$158,000

2014

$2,029

$15,000 + $125,000

$140,000

Tax history for 488 Meigs St

Year

Property tax

Land + Additions

Assessment*

2026

$2,596

$15,000 + $285,000

$300,000

2025

$2,596 (−3.2%)

$15,000 + $285,000

$300,000

2024

$2,682 (+51.3%)

$15,000 + $285,000

$300,000

2023

$1,773 (−10.2%)

$15,000 + $143,000

$158,000

2022

$1,974 (−4.3%)

$15,000 + $143,000

$158,000

2021

$2,063

$15,000 + $143,000

$158,000

2020

$2,063 (−4.0%)

$15,000 + $143,000

$158,000

2019

$2,150 (−63.7%)

$15,000 + $143,000

$158,000

2018

$5,924 (+183.5%)

$15,000 + $143,000

$158,000

2017

$2,090 (+0.4%)

$15,000 + $143,000

$158,000

2016

$2,081 (+3.9%)

$15,000 + $143,000

$158,000

2015

$2,004 (−1.2%)

$15,000 + $143,000

$158,000

2014

$2,029

$15,000 + $125,000

$140,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

40 ft.

Lot depth

126 ft.

Lot size

5,047 Sq. Ft.

Year renovated

—

Sq. Ft.

4,437

Year built

—

Style

Multi-Family (5+ Unit)

County

Monroe County

APN

261400A12158000040350000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

R-2

Medium-Density Residential District

The R-2 Medium-Density Residential District provides a mix of housing choices. The inclusion of single-family residential, two-family residential and multifamily residential provides a diversity of housing choices while the bulk and density regulations maintain the lower-density scale of the neighborhoods. These residential areas are located proximate to neighborhood-scale shopping and service opportunities. The district requirements are intended to preserve, promote and protect a quality of urban residential living characterized by unobstructed front yards, pedestrian-scale streetscapes and buildings scaled and designed to be compatible with the neighborhood.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office

Property details

Parking

Parking
Features: Gravel, Two Or More Spaces

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 4

Room Information
Has Basement
Basement Information: Full

Laundry Information
Features: Common Area

Equipment
Appliances: Gas Water Heater

Interior Features
Window Features: Thermal Windows
Furnished
Flooring: Ceramic Tile, Hardwood, Laminate, Varies

Multi Unit Information
# Of Units Total: 4
# Of Units In Community: 4
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 5

Multi Unit Financial Information
Gross Income: $77,400
Operating Expense Includes: Electric, Fuel, Insurance, See Remarks, Utilities
Operating Expense: $26,951

Unit Type 1
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Other - See Remarks
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $2,100
Actual Rent: $2,100
Actual Rent Range: 2100

Unit Type 2
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Other - See Remarks
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $850
Actual Rent: $850
Actual Rent Range: 850

Unit Type 3
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Other - See Remarks
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $1,900
Actual Rent: $1,900
Actual Rent Range: 1900

Unit Type 4
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Other - See Remarks
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $1,600
Actual Rent: $1,600
Actual Rent Range: 1600

Exterior

Building Information
Stories: 2
Stories (Total): 2
Year Built Details: Existing
Roof Details: Asphalt
Construction Details: Vinyl Siding, Copper Plumbing

Exterior Features
Exterior Features: Private Yard, See Remarks

Lot Information
Lot Size Area: 0.1159
Lot Size Acres: 0.1159
Lot Size Dimensions: 40X126
Lot Features: Near Public Transit, Residential Lot
Road Frontage Type: City Street

Property Information
Foundation Details: Stone
Resale

Financial

Assessments and Fees
Assessed Value: $158,000

Tax Information
Annual Tax Amount: $9,499

Rental Information
Owner Pays: Cable TV, Electricity, Gas, Grounds Care, Heat, Hot Water, Other, Snow Removal, See Remarks, Trash Collection
Rent Includes: Electricity, Gardener, Heat, Hot Water, See Remarks, Snow Removal, Trash Collection, Cable TV

Utilities

Utility Information
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected, Public

Heating & Cooling
Has Heating
Heating: Gas, Forced Air

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,437
Stories: —
Lot Size: 5,047 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Monroe County
APN: 261400A12158000040350000000

Home facts updated by county records on Aug 19, 2026

Around this home

Schools

School 35 Pinnacle

Public PreK-6 • Assigned • 0.6mi

4/10

School Of The Arts

Public 7-12 • Assigned • 1.0mi

3/10

James Monroe High School

Public 9-12 • Assigned • 0.2mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Rochester, NY • 14607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2.4 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

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New listings for sale in 14607

VIDEO TOUR

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Listing by RE/MAX Plus, (585) 279-8200

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Listing by Empire Realty Group, (585) 347-4900

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Listing by Tickle Realty, LLC, (585) 537-7609

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Listing by Elysian Homes by Mark Siwiec and Associates, (585) 330-8750

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Listing by Howard Hanna, (585) 473-1320

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Listing by RE/MAX Realty Group, (585) 248-0250

$199,900

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Listing by Tru Agent Real Estate, (585) 362-6810

Home values near 488 Meigs St

Data from public records.

Address	Redfin Estimate
506 Meigs St, Rochester, NY 4 Beds \| 2 Baths \| 2814 Sq. Ft.	$333,419
481 Meigs St, Rochester, NY 3 Beds \| 3 Baths \| 2192 Sq. Ft.	$296,958

Address	Redfin Estimate
476 Meigs St, Rochester, NY 5 Beds \| 3 Baths \| 2300 Sq. Ft.	$310,263
485 Meigs St, Rochester, NY 3 Beds \| 2 Baths \| 1900 Sq. Ft.	$267,940

Address	Redfin Estimate
466 Meigs St, Rochester, NY 3 Beds \| 2 Baths \| 1950 Sq. Ft.	$301,240
470 Meigs St, Rochester, NY 3 Beds \| 3 Baths \| 2132 Sq. Ft.	$311,146

Property information provided by UNYREIS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 14607, NY

Sale history for 488 Meigs St

Tax history for 488 Meigs St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 14607

Home values near 488 Meigs St

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