321 Rice Street S, Kasota, MN 56050

New Listing
$119,900
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 759 Lot Size (sq. ft.): 12,600 Status: Active
Current Price: $119,900 List Date: 5/13/2026 Last Modified: 5/13/2026

Overview

Description

A rare entry point in today's market: a two-bedroom, one-bath single-story home on a quarter-acre-plus lot in the quiet Le Sueur County village of Kasota, priced to reflect the work ahead. At 759 square feet, this is the kind of compact footprint that makes sense for a buyer looking to downsize without disappearing into a condo, or a first-time buyer who wants ownership without the price tag that usually comes with it. The big-ticket mechanical is already handled: a brand-new furnace with thermostat was installed in January 2026, and the chimney was professionally repaired last year. That's real money already spent heading into next heating season. The rest of the home will need attention, and the price reflects exactly that. This is a project property, and the right buyer will see the potential where others see the to-do list. The 12,000+ square foot lot gives you room to breathe, garden, or add a garage someday, and that kind of outdoor space is genuinely hard to find at this price. Kasota sits just minutes from St. Peter and within easy reach of Mankato, offering small-town quiet with practical access to shopping, dining, and healthcare. If you've been priced out of the market or are ready to stop renting, you’ll want to be sure to see this one!

Listing Details MLS# 7073758

General Property Information

Common Wall
No
Lot Measurement
Square Feet
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront Present
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Main Floor Total SqFt
759
Above Grd Total SqFt
759
Total SqFt
759
Lot Size SqFt
12600
Total Finished Sqft
759.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
759
Lot Dimensions
140x90
Assessment Pending
Unknown
Number of Fireplaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Appliances: Range; Refrigerator Basement: None Bath Description: Main Floor Full Bath Construction Status: Previously Owned Exterior: Wood Foundation: Stone Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Parking Characteristics: None Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
119900
ListPrice
119900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
321
Street Name
Rice
Street Suffix
Street
Street Direction Suffix
S
Postal City
Kasota
County
Le Sueur
State
MN
Zip Code
56050
Complex/Dev/Subdivision
City Of Kasota

Assessments

Tax With Assessments
888
Assessment Balance
0

Building Information

Finished SqFt Above Ground
759

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
CITY OF KASOTA BLOCK-038 LOT 8 & S 1/2 OF LOT 9
Listing City
Kasota
Map Page
999
Municipality
Kasota
School District
St. Peter
School District Phone
507-934-5703
Zip Plus 4
1508
Property ID Number
184101230
Tax Year
2025
Tax Amount
888
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
A rare entry point in today's market: a two-bedroom, one-bath single-story home on a quarter-acre-plus lot in the quiet Le Sueur County village of Kasota, priced to reflect the work ahead. At 759 square feet, this is the kind of compact footprint that makes sense for a buyer looking to downsize without disappearing into a condo, or a first-time buyer who wants ownership without the price tag that usually comes with it. The big-ticket mechanical is already handled: a brand-new furnace with thermostat was installed in January 2026, and the chimney was professionally repaired last year. That's real money already spent heading into next heating season. The rest of the home will need attention, and the price reflects exactly that. This is a project property, and the right buyer will see the potential where others see the to-do list. The 12,000+ square foot lot gives you room to breathe, garden, or add a garage someday, and that kind of outdoor space is genuinely hard to find at this price. Kasota sits just minutes from St. Peter and within easy reach of Mankato, offering small-town quiet with practical access to shopping, dining, and healthcare. If you've been priced out of the market or are ready to stop renting, you’ll want to be sure to see this one!
Directions
Take US-169 South, Exit County Rd 33 (Kasota Exit). Right on County Rd 33, Right on Rice Street and house is on the right.

Accessible

None
Yes

Air Conditioning

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Basement

None
Yes

Bath Description

Main Floor Full Bath
Yes

Construction Status

Previously Owned
Yes

Exterior

Wood
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lock Box Type

Combo
Yes

Parking Characteristics

None
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Bathroom Dimensions: 5x8 Level: Main First (1st) Bedroom Dimensions: 12x11 Level: Main Kitchen Dimensions: 15x9 Level: Main Living Room Dimensions: 14x13 Level: Main Porch Dimensions: 6x15 Level: Main Second (2nd) Bedroom Dimensions: 10x12 Level: Main
Listing Office: RE/MAX Results
IDX
Last Updated: May - 13 - 2026
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