This freshly remodeled 3-bedroom, 1.5-bath townhouse offers the perfect blend of modern updates and smart investment potential. Featuring all three bedrooms on one level, this home is designed for comfortable living with a functional layout and stylish finishes throughout.
Enjoy the spacious deck—ideal for relaxing or entertaining—as well as a detached 1-car garage and an additional dedicated parking stall. With a current rental license in place, this property presents a fantastic opportunity for investors, house hackers, or those looking to offset housing costs with rental income.
Situated in a quiet and convenient location near local amenities, parks, and just a short drive to downtown Rochester, this turn-key townhome is a versatile gem—whether you're looking for a primary residence or a ready-to-go rental.
Closed
$178,000
929 40th St NW, Rochester, MN 55901
3beds
1,320sqft
(TH) Side x Side
Built in 1974
1,393 Square Feet Lot
$183,500 Zestimate®
$135/sqft
$1,735 Estimated rent
Home value
$183,500
$169,000 - $200,000
$1,735/mo
Zestimate® history
Owner options
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$1,735/mo
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$1,735/mo
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$1,173/mo
Est. payment
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$1,173/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kyle Swanson 507-226-4430,
eXp Realty
Bought with:
Matt Ulland
Re/Max Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6748620
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bathroom
- Level: Lower
Bathroom
- Level: Upper
Dining room
- Level: Lower
Kitchen
- Level: Lower
Living room
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Laundry Closet, Upper Level
Features
- Basement: Block,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
- Finished area above ground: 660
- Finished area below ground: 660
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck
Lot
- Size: 1,393 Square Feet
- Dimensions: 22 x 64
- Features: Near Public Transit
Details
- Foundation area: 660
- Parcel number: 742322021768
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Summit Square 2nd
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Snow Removal
- HOA fee: $260 monthly
- HOA name: Infinity Real Estate & Management Group
- HOA phone: 507-550-1052
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $139,700
- Annual tax amount: $1,818
- Date on market: 7/3/2025
- Cumulative days on market: 2 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2025 | Listing removed | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/23/2025 | Listed for rent | $1,700+47.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2025 | Sold | $178,000-1.1%$135/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6748620 Report a problem | ||
| 7/11/2025 | Pending sale | $179,900$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6748620 Report a problem | ||
| 7/9/2025 | Listed for sale | $179,900+373.4%$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6748620 Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/30/2023 | Listed for rent | $1,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2020 | Listing removed | $1,150$1/sqft |
Source: Infinity Real Estate & Management Group Report a problem | ||
| 3/30/2020 | Listed for rent | $1,150+10%$1/sqft |
Source: Infinity Real Estate & Management Group Report a problem | ||
| 5/10/2017 | Listing removed | $1,045$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/10/2017 | Price change | $1,045-5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/15/2017 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/14/2015 | Sold | $38,000-44%$29/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2208411 Report a problem | ||
| 12/16/2014 | Pending sale | $67,900$51/sqft |
Source: RE/MAX Results #4055588 Report a problem | ||
| 12/2/2014 | Price change | $67,900+579%$51/sqft |
Source: RE/MAX Results #4055588 Report a problem | ||
| 11/22/2014 | Price change | $10,000-33.3%$8/sqft |
Source: Auction.com Report a problem | ||
| 11/20/2014 | Price change | $15,000-77.9%$11/sqft |
Source: Auction.com Report a problem | ||
| 11/8/2014 | Price change | $67,900-12.8%$51/sqft |
Source: RE/MAX Results #4055588 Report a problem | ||
| 8/29/2014 | Price change | $77,900-10.1%$59/sqft |
Source: RE/MAX Results #4055588 Report a problem | ||
| 7/24/2014 | Price change | $86,700+2.4%$66/sqft |
Source: RE/MAX Results #4055588 Report a problem | ||
| 7/17/2014 | Listed for sale | $84,700-21%$64/sqft |
Source: RE/MAX Results #4055588 Report a problem | ||
| 6/12/2013 | Sold | $107,269+3.1%$81/sqft |
Source: Public Record Report a problem | ||
| 9/6/2007 | Sold | $104,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,818 +15.4% | $139,700 +7.5% |
| 2024 | $1,576 | $130,000 +3.9% |
| 2023 | -- | $125,100 +9.9% |
| 2022 | $1,462 +5.3% | $113,800 +7.1% |
| 2021 | $1,388 +2.5% | $106,300 +5.6% |
| 2020 | $1,354 +1.8% | $100,700 +8.3% |
| 2019 | $1,330 | $93,000 +21.6% |
| 2017 | $1,330 +28.9% | $76,500 +8.2% |
| 2016 | $1,032 | $70,700 -8.1% |
| 2015 | $1,032 -40.1% | $76,900 |
| 2014 | $1,722 +140.5% | $76,900 +53.8% |
| 2012 | $716 | $50,000 -37.8% |
| 2011 | -- | $80,400 -5.2% |
| 2010 | $788 -3.4% | $84,800 -2.2% |
| 2008 | $816 | $86,700 |
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
$183,500
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Estimated market value
$183,500
- Minnesota
- Olmsted County
- Rochester
- 55901
- 929 40th St NW
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