Priced well below market value, a little elbow grease and a fresh coat of paint will make this end unit townhome shine brightly. With professional management and lawn and snow care taken care of, this is exactly what affordable AND low maintenance living looks like. Many townhomes lack the basement/storage space that this unit provides and the central location make moving about town very simple. This property could also be a great portfolio builder as it has an active rental certificate and should require less management than most single family homes. Stop by the open house on Sat March 15th between 2-3:30 pm!
Closed
$140,000
901 40th St NW, Rochester, MN 55901
2beds
1,331sqft
(TH) Side x Side
Built in 1972
958 Square Feet Lot
$146,100 Zestimate®
$105/sqft
$1,517 Estimated rent
Home value
$146,100
$133,000 - $159,000
$1,517/mo
Zestimate® history
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$978/mo
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Zillow last checked:
Listing updated:
Bought with:
5
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6681191
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Description: Upper Level Full Bath
Dining room
- Description: Eat In Kitchen
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,331
- Total interior livable area: 1,331 sqft
- Finished area above ground: 898
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
- Fencing: None
Lot
- Size: 958 Square Feet
- Dimensions: 15 x 64
Details
- Foundation area: 433
- Parcel number: 742322021776
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & HOA
Community
- Subdivision: Summit Square 2nd
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Lawn Care, Professional Mgmt, Snow Removal
- HOA fee: $260 monthly
- HOA name: Infinity
- HOA phone: 507-550-1052
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $151,400
- Annual tax amount: $1,374
- Date on market: 3/11/2025
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Sold | $140,000+0.1%$105/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6681191 Report a problem | ||
| 3/22/2025 | Pending sale | $139,900$105/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6681191 Report a problem | ||
| 3/14/2025 | Listed for sale | $139,900+237.1%$105/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6681191 Report a problem | ||
| 2/26/2025 | Listing removed | $1,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listed for rent | $1,495+70.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2018 | Listing removed | $875$1/sqft |
Source: Jakobson Management Company Report a problem | ||
| 6/28/2018 | Listed for rent | $875$1/sqft |
Source: Jakobson Management Company Report a problem | ||
| 8/25/2017 | Listing removed | $875$1/sqft |
Source: Jakobson Management Company Report a problem | ||
| 8/9/2017 | Price change | $875-2.8%$1/sqft |
Source: Jakobson Management Company Report a problem | ||
| 7/27/2017 | Listed for rent | $900$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/19/2013 | Sold | $41,500-4.6%$31/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1986509 Report a problem | ||
| 4/5/2013 | Price change | $43,500-10.3%$33/sqft |
Source: Coldwell Banker At Your Service Realty #4041806 Report a problem | ||
| 3/2/2013 | Price change | $48,500-2.8%$36/sqft |
Source: Coldwell Banker At Your Service Realty #4041806 Report a problem | ||
| 1/13/2013 | Price change | $49,900-9.3%$37/sqft |
Source: Coldwell Banker At Your Service Realty #4041806 Report a problem | ||
| 1/7/2013 | Listed for sale | $55,000+30.2%$41/sqft |
Source: Coldwell Banker At Your Service Realty #4041806 Report a problem | ||
| 4/6/2012 | Sold | $42,246-15.5%$32/sqft |
Source: Public Record Report a problem | ||
| 6/20/2008 | Sold | $50,000-54.9%$38/sqft |
Source: Public Record Report a problem | ||
| 8/21/2007 | Sold | $110,766$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,034 +48% | $151,400 +4.1% |
| 2024 | $1,374 | $145,400 +33.3% |
| 2023 | -- | $109,100 +7.2% |
| 2022 | $1,254 +7.5% | $101,800 +11.6% |
| 2021 | $1,166 +0.5% | $91,200 +7.7% |
| 2020 | $1,160 +1.9% | $84,700 +6.3% |
| 2019 | $1,138 +100% | $79,700 +25.3% |
| 2017 | $569 -34% | $63,600 +7.6% |
| 2016 | $862 | $59,100 +0.3% |
| 2015 | $862 -1.8% | $58,900 |
| 2014 | $878 +115.2% | $58,900 -0.7% |
| 2012 | $408 | $59,300 -0.7% |
| 2011 | -- | $59,700 -5.1% |
| 2010 | $804 +42% | $62,900 -2.2% |
| 2008 | $566 | $64,300 |
Find assessor info on the county website
Neighborhood: 55901
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Nearby schools
GreatSchools rating
- 4/10Gage Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10John Marshall Senior High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Robert Gage
- Middle: John Adams
- High: John Marshall
Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$146,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$146,100
- Minnesota
- Olmsted County
- Rochester
- 55901
- 901 40th St NW
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