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21 23rd St SW, Rochester, MN, 55902

3beds
2baths
2,166sqft
$299,900
$138price/sqft
$2,210/moest. monthly cost
$88,400/yrincome needed

About This Home

Welcome to this well-maintained home in desirable Southwest Rochester, offering comfort, convenience, and thoughtful updates throughout. This property features three bedrooms all conveniently located on one level—perfect for easy living and functional design. The kitchen is equipped with stainless steel appliances, providing a modern touch and great space for cooking and entertaining. Recent improvements include a roof replacement within the last four years, updated bathroom tiled tub surround, and laundry/kitchen appliances within 5 years, giving you added peace of mind for years to come. With its practical layout and location in a sought-after neighborhood, this home is a fantastic opportunity you won’t want to miss!

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
63
BikeBikeable

Schools

3/10
4/10
9/10
Mayo Senior High SchoolGrades 8-121.3 mi

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 742
  • Finished area above ground: 1,392

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,166
  • Total interior livable area: 2,166 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 641413021159
  • Zoning description: Residential-Single Family
  • Foundation area: 774

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 9,060 sqft
  • Lot size dimensions: 70 x 130

Parking

  • Total spaces: 2
  • Parking features: Tuckunder Garage
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Winter Weather
Hail
Lightning
Strong Wind

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 $1,516$18,192
Home Insurance *$173$2,076
Property Taxes $339$4,068
Electricity $182$2,192
Total$2,210$26,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,771/yr
40% on housing$66,300/yr
45% on housing$58,933/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

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 55902$227
Olmsted County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 55902$185
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
2026-05-07Price change$314,900
2026-04-21Price change$324,900
2026-04-03Listed for sale$339,900
2017-06-16Sold$198,000
2017-05-20Pending sale$198,900
2017-05-10Listed for sale$198,900
2013-06-26Sold$150,800
2012-07-11Listing removed$149,900
2012-04-01Price change$149,900
2011-12-03Listed for sale$159,900

For Sale by Agent

AgentTravis Brevig
BrokerageRe/Max Results

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