5240 Lexington Place NW, Rochester, MN 55901

New Listing
$339,900
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,021 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $339,900 List Date: 7/17/2026 Last Modified: 7/17/2026

Overview

Description

Bring your vision and a little elbow grease to this 4-bedroom, 2-bath split-level home with incredible potential! Priced below comparable homes in the neighborhood, this is a fantastic opportunity to build instant equity while making it your own. The open-concept main level features durable LVP flooring, creating a great foundation for your updates. Outside, you'll find a fully fenced backyard with plenty of space to enjoy. Whether you're a homeowner looking to personalize a property or an investor searching for your next project, this home is packed with opportunity. Schedule your showing today!

Listing Details MLS# 7111261

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront YN
No
Year Built
1999
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Main Floor Total SqFt
992
Above Grd Total SqFt
1029
Below Grd Total SqFt
992
Total SqFt
2021
Total Finished Sqft
1850.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
922
Garage Stalls
2
Lot Dimensions
66x115x66x115
Acres
0.17
Assessment Pending
No
# Carport Spaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air; Window Unit(s) Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Sewer: City Sewer/Connected Stories: Bi-Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
339900
ListPrice
339900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5240
Street Name
Lexington
Street Suffix
Place
Street Direction Suffix
NW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55901
Complex/Dev/Subdivision
Wedgewood Hills 2nd

Assessments

Tax With Assessments
4576
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1029
Finished SqFt Below Ground
821

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Door Height
7
Garage Door Width
16
Garage Square Feet
420
Garage Dimensions
No

Public Survey Info

Range#
14
Section#
18
Township#
107

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
High School
John Marshall
Legal Description
SECT-18 TWP-107 RANGE-014 WEDGEWOOD HILLS 2ND LOT-001 BLOCK-002 LOT 1 BLK 2
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
3817
Property ID Number
741812058407
Tax Year
2026
Tax Amount
4576
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Bring your vision and a little elbow grease to this 4-bedroom, 2-bath split-level home with incredible potential! Priced below comparable homes in the neighborhood, this is a fantastic opportunity to build instant equity while making it your own. The open-concept main level features durable LVP flooring, creating a great foundation for your updates. Outside, you'll find a fully fenced backyard with plenty of space to enjoy. Whether you're a homeowner looking to personalize a property or an investor searching for your next project, this home is packed with opportunity. Schedule your showing today!
Directions
West on 55th St NW, left onto 52nd Ave NW, right onto Lexington Pl NW, property on the left

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Window Unit(s)
Yes

Basement

Foundation Dimensions
No

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Sewer

City Sewer/Connected
Yes

Stories

Bi-Level
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: Epique Realty
Last Updated: July - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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