See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1513 Alexander Rd NE, Rochester, MN, 55906

4beds
3baths
3,358sqft
$550,000
$164price/sqft
$3,633/moest. monthly cost
$145,320/yrincome needed

About This Home

Stunning New Construction in Prime NE Rochester Location! Welcome to a beautifully crafted 2022-built home that perfectly blends modern elegance, space, and comfort. With 4 spacious bedrooms, 3 bathrooms, and over 3,385 finished square feet, this home offers everything today’s buyers are looking for—and more. From the moment you walk in, you’ll be impressed by the open-concept layout, soaring ceilings, and abundant natural light that fills every corner. The heart of the home features a gourmet kitchen with high-end finishes, sleek cabinetry, and a large center island—perfect for entertaining or everyday living. The primary suite is a true retreat, offering a luxurious private bath and generous closet space. Additional bedrooms provide flexibility for family, guests, or a home office. The fully finished lower level expands your living space with endless possibilities—whether it’s a media room, gym, or recreation area. Step outside and enjoy a peaceful setting in a desirable NE neighborhood, just minutes from downtown. This is more than a home—it’s a lifestyle upgrade. Don’t miss your opportunity to own one of NE Rochester’s standout properties!

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

--
8/10
4/10
Kellogg Middle SchoolGrades 6-81.2 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2022

Materials

  • Roof: Architectural Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: (TH) Side x Side

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s)

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,479
  • Finished area above ground: 1,879

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,358
  • Total interior livable area: 3,358 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 742442077509
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 3910

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite Decking

Lot

  • Lot size: 3,746 sqft
  • Lot size dimensions: 45 x 84

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather

FEMA Declared Disasters in Olmsted County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$276$3,312
Property Taxes $293$3,516
Electricity $283$3,398
Total$3,633$43,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,560/yr
40% on housing$108,990/yr
45% on housing$96,880/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 55906$168
Olmsted County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 55906$178
Olmsted County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$550,000
2025-12-26Listing removed$550,000
2025-06-25Listed for sale$550,000

New Construction

AgentJohn Yanni
BrokerageDwell Realty Group LLC

Similar Homes