$99,990
 $537 est/mo Sourced by Back At You

321 Rice Street S,Kasota, MN 56050

Kasota, MN 56050

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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!

Details

MLS #7073758
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site106
Listing Provided ByRE/MAX Results | Taylor Doolittle

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet759
Story(s)1
ZoningResidential-Single Family
Acreage0.29

Interior

CoolingNone
HeatingForced Air
AppliancesRange, Refrigerator

Parking

Parking FeaturesNone

Taxes

Property888

Area Information

StateMN
CountyLe Sueur
CityKasota
Zip Code56050
Community NameCity Of Kasota
School District508
High SchoolSt. Peter
Listing VS Median (in City Of Kasota)
Price:
$99,990
low | high
Med:
$279,900
100% of Average
sqft:
759
low | high
Med:
1,831
91.238471673254% of Average
$ / sqft:
$132
low | high
Med:
$153
33.962126414717% of Average
On site:
106
low | high
Med:
45
100% of Average
Sourced by Back At You

Market Activity 56050

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 27, 2026 at 8:15:06 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyLe Sueur
CityKasota
Zip Code56050
Community NameCity Of Kasota
School District508
High SchoolSt. Peter
Listing VS Median (in City Of Kasota)
Price:
$99,990
low | high
Med:
$279,900
100% of Average
sqft:
759
low | high
Med:
1,831
91.238471673254% of Average
$ / sqft:
$132
low | high
Med:
$153
33.962126414717% of Average
On site:
106
low | high
Med:
45
100% of Average
Sourced by Back At You
Listing Updated: August 27, 2026 at 5:40:21 AM PDT
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