This exceptional 4-plex located in the heart of Central Mankato offers a fantastic investment opportunity with extensive upgrades and an outstanding rental history. With long-term tenants and leases in placethrough the fall of 2025, this property is a turn-key asset for any investor. Key features include but not limited to: updated electrical, plumbing, vinyl windows, newer furnace, coin-operated laundry , gutters, downspouts & more!! Simply too many upgrades to list! Whether you're an experienced investo ror looking to start your portfolio, this property offers a rare combination of value, convenience & long-term potential. Contact me today for more details or to schedule a pri
Welcome to this inviting 3-Bedroom, 2-Bathroom home that combines modern style with comfort and is just walking distance from downtown Mankato. Offering a complete remodel this home is the perfect move in ready opportunity. The beautiful kitchen features sleek stainless steel appliances, breakfast bar, new cabinets, new countertops, and new flooring that moves into the spacious living room that offers plenty of space for family gatherings! This charming home also features two cozy bedrooms on the main floor. The primary bedroom offers a large walk-in closet and provides ample storage space. Upstairs you will find another private spacious bedroom offering another freshly remodeled ¾
Duplex located in central Mankato, just down the hill from Bethany College. Upper level has 3 bedrooms and full bath. Stairs connecting to lower unit, which also has 3 bedroom and bath. Laundry located in lower level off the utility room. One stall attached garage with off street parking next to alley. This is a licensed duplex but currently rented as whole house for $1925 + pet rent & tenants pay all utilities. They currently also do their lawn care and snow removal. Licensed for 2 units, with no limited occupancy meaning 5 unrelated or single family. Potential to increase rent(s) after expiration of lease. Separately metered electric for each unit. Excellent rental history. Current
This darling - nearly BRAND NEW - home is ready for you to call it home! Nestled into lower North Mankato, this two bedroom and two bathroom home was just rebuilt in 2019 from the block foundation. The current owners have taken additional steps to water proof and insulate the foundation of the home and added a sump pump since owning. Outdoors you'll find a charming patio and deck area - perfect for an evening fire!
Centrally located 3 bedroom, 1 bath home with many big ticket upgrades in Mankato, MN! Upgrades include: New roof & siding (2023), paved driveway, retaining wall, ceiling drywall, plumbing, attic insulation and deck. Schedule your private tour today!
Exceptional 6 Bedroom 2 Bath Duplex located in Lower North Mankato. This property has been rented continuously with a solid rental history. Significant remodeling occurred in the property in 2024 including new kitchen, paint and flooring. The property is licensed. The current rent is $2000/month for the entire home as one family is renting currently and the owner pays all utilities currently. It can be converted back to a duplex at the end of the lease where the whole duplex could generate $2350/month. The current tenants are in a lease until July 15, 2025.
This duplex features a main level with 3 bedrooms and 1 bathroom, and an upper unit with 2 bedrooms and 1 bathroom. Off-street parking is available for both units. Each unit has its own electric meter. Conveniently located in central Mankato. 5 unrelated license.
2+Acres available in fast growing Area with Frontage on Madison Avenue! Zoned B-3 Highway Commercial. Join a wide variety of Businesses, Auto Dealership, Medical, shopping, apartments. Additional land available. Subject to split.
Centrally located is this four bedroom home with a nice wrap-around front porch, large living areas and good size bedrooms. Three of the bedrooms are on the upper level along with a 3/4 bath. The main level offers a fourth bedroom/office, main floor laundry, decent size living and dining room. The large kitchen has plenty of cabinet space and room to set up as an eat-in kitchen. Currently the home is being rented by the room. Good possibility of relocating tenants to allow for an owner occupant.
Fantastic oppurtunity in Downtown Mankato. Walking distance to shops and restaurants. This charming home offers an updated kitchen with elements of historic charm. 3rd level could be finished for expansion. Beautiful hardwood floors and stunning fireplace.
Gorgeous Victorian house, currently a 4-plex for sale in a prime rental location, with easy access to downtown and campus. This property is great for investors seeking a lucrative addition to their portfolio. With a total of 8 bedrooms, and 4 bathrooms, this income producing property already houses a fully rented out property. The property's well-built and maintained structure has many updates, and has also has maintained the integrity of its era. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Newer furnace, 10-year-old boiler recently serviced, owner pays utilities, one meter. Coin laundry available for all tenants. 48-hour
$400,000
8 beds4 baths2,766 sq ft
204 N 5th St, Mankato, MN 56001
6,098 sq ft lot • Garage • Very walkable
Based on information submitted to the MLS GRID as of Thu Dec 12 2024. 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.