SOLD DEC 22, 2025

Off market dec 2025 for $362K

$339,927

Est. refi paymentEst. refi $2,517/mo

•

1 ba

•

1,789

sq ft

403 23rd St SW, Rochester, MN 55902

About this home

Opportunities abound with this 1958 ranch-style house located in a quiet close-in neighborhood in the southwest area. Whether you're an investor seeking rental income or an individual looking for a home to renovate, this property offers a range of possibilities. Key features of the property include a four-car tuck-under garage, a rental certificate that provides immediate income potential, and a generous lot size of almost half an acre. With some updates and remodeling, this house can truly shine. The main floor of the house boasts three bedrooms and two bathrooms, providing ample space for a family or potential tenants. Additionally, a spacious 484 sqft sunroom offers opportunities to create a bright, airy atmosphere for relaxation or entertainment. Investors will appreciate the existing rental certificate, which allows for immediate rental income. Individuals looking for a home to renovate will find this property ready to be transformed. **Note Current lease agreement until 6/30/2024

Single-familyProperty Type

1958Year Built

0.45 acresLot Size

$190Est. Price/Sq.Ft.

4 car garageParking

Listed by Ron Wightman • Wightman-Brock Real Estate Advisors

Source:NORTHSTARMLS as Distributed by MLS Grid #6403695

Redfin Estimate

$339,927

$22K since sold in December 2025$24K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.5% higher than the average sale price ($308K) of 6 comparable homes.

SOLD JUN 12, 2026
$290,000
A
3 beds2 baths— sq ft
1431 2nd Ave SW, Rochester, MN 55902
SOLD SEP 18, 2026
$317,500
B
3 beds2 baths— sq ft
108 25th St SW, Rochester, MN 55902
SOLD MAR 13, 2026
$349,000
C
3 beds2 baths— sq ft
2206 1st Ave SW, Rochester, MN 55902
SOLD APR 1, 2026
$335,000
D
3 beds2 baths— sq ft
1073 Forest Hills Dr SW, Rochester, MN 55902
SOLD JUN 5, 2026
$290,000
E
4 beds2 baths— sq ft
302 19th St SW, Rochester, MN 55902
SOLD NOV 6, 2025
$265,000
F
3 beds2 baths— sq ft
103 Oakridge Dr SW, Rochester, MN 55902

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,978/mo

Redfin rental estimate

List your home for rent

Market trends in 55902, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.7%

0.4% MoM

Median sale price

$615K

$35K MoM

Avg. days on market

43d

15 days MoM

Recently sold homes

140

9 MoM

New listings for sale

$1,250,000
4 beds4 baths4,523 sq ft
4720 55th Ave SW, Rochester, MN 55902
3D WALKTHROUGH
$850,000
4 beds3 baths3,636 sq ft
2631 Hawk Hill Ln SW, Rochester, MN 55902
$889,000
4 beds3 baths3,135 sq ft
2221 Hillside Ln SW, Rochester, MN 55902
$899,900
6 beds4 baths4,060 sq ft
2930 4th St SW, Rochester, MN 55902
$279,900
3 beds2 baths1,428 sq ft
1808 Lakeview Ct SW #204, Rochester, MN 55902
$539,900
4 beds3 baths2,718 sq ft
2042 Baihly Estates Ln SW, Rochester, MN 55902
$349,900
1 bed3 baths2,854 sq ft
2241 Baihly Ln SW, Rochester, MN 55902
FOR SALE BY OWNER
$800,000
4 beds3 baths2,307 sq ft
4063 Autumn Lake Ct SW, Rochester, MN 55902
$789,900
6 beds4 baths4,124 sq ft
3019 Thaddeus Rd SW, Rochester, MN 55902
$469,900
3 beds2 baths2,538 sq ft
717 Memorial Pkwy SW, Rochester, MN 55902
See all

Provided by Redfin

Sale history for 403 23rd St SW

Date

Event

Price

Public Records

Dec 22, 2025

Sold

$362,000

$202/sq ft

NORTHSTARMLS as Distributed by MLS Grid #6403695

Oct 10, 2023

Sold

$230,000

$129/sq ft

Sep 12, 2023

Pending

—

Sep 7, 2023

Price Changed

$235,000

$131/sq ft

Jul 20, 2023

Listed

$269,900

$151/sq ft

NORTHSTARMLS as Distributed by MLS Grid #3174733

Apr 20, 2006

Listing Removed

—

Mar 31, 2006

Listed

$129,990

$73/sq ft

NORTHSTARMLS as Distributed by MLS Grid #3161900

Mar 29, 2006

Listing Removed

—

Mar 7, 2006

Listed

$134,900

$75/sq ft

NORTHSTARMLS as Distributed by MLS Grid #3115212

Feb 3, 2006

Listing Removed

—

Nov 3, 2005

Listed

$142,590

$80/sq ft

Public Records

Dec 1, 1992

Sold

$95,500

$53/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$3,994 (+1.1%)

$51,500 + $231,500

$283,000

2025

$3,950 (+12.6%)

$55,000 + $225,200

$280,200

2024

$3,508 (+10.2%)

$55,000 + $223,600

$278,600

2023

$3,184 (+13.3%)

$45,000 + $206,000

$251,000

2022

$2,810 (+6.6%)

$35,000 + $169,200

$204,200

2021

$2,636 (+11.0%)

$35,000 + $156,400

$191,400

2020

$2,374 (+6.7%)

$30,000 + $135,300

$165,300

2019

$2,224 (+7.0%)

$30,000 + $125,700

$155,700

2018

$2,078 (+5.5%)

$18,000 + $126,500

$144,500

2017

$1,970 (+12.2%)

$18,000 + $117,100

$135,100

2015

$1,756 (−0.7%)

$18,000 + $107,000

$125,000

2014

$1,768

$18,000 + $109,900

$127,900

Tax history for 403 23rd St SW

Year

Property tax

Land + Additions

Assessment*

2026

$3,994 (+1.1%)

$51,500 + $231,500

$283,000

2025

$3,950 (+12.6%)

$55,000 + $225,200

$280,200

2024

$3,508 (+10.2%)

$55,000 + $223,600

$278,600

2023

$3,184 (+13.3%)

$45,000 + $206,000

$251,000

2022

$2,810 (+6.6%)

$35,000 + $169,200

$204,200

2021

$2,636 (+11.0%)

$35,000 + $156,400

$191,400

2020

$2,374 (+6.7%)

$30,000 + $135,300

$165,300

2019

$2,224 (+7.0%)

$30,000 + $125,700

$155,700

2018

$2,078 (+5.5%)

$18,000 + $126,500

$144,500

2017

$1,970 (+12.2%)

$18,000 + $117,100

$135,100

2015

$1,756 (−0.7%)

$18,000 + $107,000

$125,000

2014

$1,768

$18,000 + $109,900

$127,900

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

Zoning and permits

Zoning
Permits

Mixed Single Family District

The R-1 district is intended to maintain and promote areas of low residential density where the emphasis is generally on the development of single-family dwellings of various styles. Uses supportive and in character with low-density residential are permitted. This district also provides opportunities for in-fill development in established areas through the efficient use of the existing housing stock and infrastructure

Permitted uses

Include but are not limited to:

Library
Museum / gallery
Death related/funeral home

Oct 8, 2024 • Final

Residential electrical

Remodel a family room.

Electrical

Remodel

Jul 9, 2024 • Active

Residential building (addition)

Construct a deck with stairs attached to a concrete garage cap. Install four post holes for support.

Addition

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Basement Information
Basement Sq. Ft: 1,225
Basement Finish: Finished

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Coal/Wood
Has Fireplace

Exterior

Exterior Information
Foundation Type: Concrete Block
Building Style Type: Ranch
Building Construction Quality: Average
Exterior Wall: Siding Sheathing
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Hip
Building Type: Single Family

Property Information
Subdivision Name: HILMERS HIGHVIEW ACRES #2
Living Sq. Ft: 1,789
Adjusted Gross Sq. Ft: 1,495
Ground Floor Sq. Ft: 1,225
Building Sq. Ft: 2,934
# of Stories: 1
Stories Type: 1
Legal Description: SECT-14 TWP-106 RANGE-014 HILMER'S HIGH VIEW NO. 2 LOT-002 BLOCK-001 LOT 2 BLK 1

Parking & Garage Information
Parking Type: Unfinished Attached Garage
Garage/Parking Sq. Ft: 484
Garage / Carport Type: Unfinished Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 19,776
Legal Lot Number: 2
Legal Block Number: 1
Municipality Name: ROCHESTER
Acres: 0.454
Depth Footage: 136
Front Footage: 151
County Use Description: SINGLE FAM

Financial

Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER CITY 0535

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,789
Stories: 1.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1975
County: Olmsted County
APN: 641413010075

Home facts updated by county records on Sep 28, 2026

Around this home

Schools

Franklin Elementary School

Public PreK-5 • Assigned • 1.0mi

3/10

Willow Creek Middle School

Public 6-8 • Assigned • 1.2mi

5/10

Mayo Senior High School

Public 9-12 • Assigned • 1.5mi

9/10

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 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor 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, MN • 55902

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 9.6 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$323,000 – $391,000

Sell confidently with a local market expert in Rochester. 3 minutes to get started.

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3D WALKTHROUGH

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New listings for sale in 55902

$1,250,000

4 beds4 baths4,523 sq ft

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3D WALKTHROUGH

$850,000

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2631 Hawk Hill Ln SW, Rochester, MN 55902

$889,000

4 beds3 baths3,135 sq ft

2221 Hillside Ln SW, Rochester, MN 55902

$899,900

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2930 4th St SW, Rochester, MN 55902

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1808 Lakeview Ct SW #204, Rochester, MN 55902

$539,900

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2042 Baihly Estates Ln SW, Rochester, MN 55902

$349,900

1 bed3 baths2,854 sq ft

2241 Baihly Ln SW, Rochester, MN 55902

FOR SALE BY OWNER

$800,000

4 beds3 baths2,307 sq ft

4063 Autumn Lake Ct SW, Rochester, MN 55902

$789,900

6 beds4 baths4,124 sq ft

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Home values near 403 23rd St SW

Data from public records.

Address	Redfin Estimate
405 23rd St SW, Rochester, MN 2 Beds \| 1 Baths \| 1224 Sq. Ft.	$227,048
316 23rd St SW, Rochester, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$288,404

Address	Redfin Estimate
301 23rd St SW, Rochester, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$357,194
304 23rd St SW, Rochester, MN 3 Beds \| 2 Baths \| 1377 Sq. Ft.	$307,632

Address	Redfin Estimate
404 23rd St SW, Rochester, MN 3 Beds \| 2 Baths \| 2137 Sq. Ft.	$333,189
503 23rd St SW, Rochester, MN 4 Beds \| 2.5 Baths \| 2528 Sq. Ft.	$435,009

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About this home

Redfin Estimate

Earn from this home

Market trends in 55902, MN

Sale history for 403 23rd St SW

Tax history for 403 23rd St SW

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55902

Home values near 403 23rd St SW

More real estate resources