Mankato MN Real Estate &

7 Properties Found

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Beds:
5
Baths:
Sq.Ft.:
3,212
Status:
Active
MLS#:
7035991
Type:
Multi-Family
Lot size:
0.08 Acres
A broker reciprocity listing Courtesy: RE/MAX DYNAMIC AGENTS ST. PETER
View additional info

ADDITIONAL INFORMATION

Triplex with great cash flow. Recently "spruced up" after recent tenants vacated. There is a 3 bedroom/2 bath unit on the main and lower level as well as two, 1 bedroom/1 bath units on the upper level. Electric is separately metered and paid by tenants with owner paying water/sewer and gas. The 2 upper level units are currently rented for $800 a piece while the main level unit is currently available and will be rented for $1,300.The 2 current leases run through August 30,2025.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
6595390
Type:
Triplex
Year built:
1886
A broker reciprocity listing Courtesy: Keller Williams Classic Rlty NW 763-463-7500
View additional info

ADDITIONAL INFORMATION

Seller is willing to contribute $6,300 to buyer's closing costs/interest rate buy down. Attention Investors! This is a great opportunity to own a cash flowing rental property. Financials are in the supplements. Unit 1 is a one bedroom/ one bath apt with kitchen and bathroom and will be vacant soon. Unit 2 is an efficiency unit and Unit 3 is a 2 bed/ 1 bath apt. The tenant in Unit 1 will be leaving soon and the tenants in Units 2&3 have a lease in place until 2025. The home will need a new roof and tuckpointing. Quick closing preferred. Property is managed by Connect Real Estate Group. 24 Hour showing request needed.

Beds:
6
Baths:
Sq.Ft.:
4,136
Status:
Active
MLS#:
7035700
Type:
Multi-Family
Lot size:
0.17 Acres
A broker reciprocity listing Courtesy: JBEAL REAL ESTATE GROUP
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ADDITIONAL INFORMATION

Are you looking for the ideal investment opportunity? Here is a "Owner Occupied" 4 plex that can get you started. The main floor unit has been occupied by the owner for the last 26 years. The main floor unit is an updated 2 bedroom, 1 bath with a washer and dryer. The upper level is a spacious 2-3 bedroom unit. The basement is a smaller 1 bedroom unit and contains the mechanical room. The last unit is a one bedroom unit above the garage. All rented units are month to month. The upstairs unit is vacant and the owner will be moving out of the main floor soon. This property has so much potential and has been very well maintained by the owner. The exterior of the home has a great curb appeal and offers a 2 stall garage, off street parking for up to 3 vehicles i there is a snow emergency during the winter. The owner has used the garage for his own purposes and there is plenty of "On Street" parking. All units have seperate gas and electric meters. This is a must see rental property. Call today for a private showing!!

Beds:
5
Baths:
Sq.Ft.:
1,736
Status:
Active
MLS#:
7035518
Type:
Multi-Family
Lot size:
0.19 Acres
A broker reciprocity listing Courtesy: RE/MAX DYNAMIC AGENTS
View additional info

ADDITIONAL INFORMATION

Nice home centrally located with a 5 unrelated license. Currently leased by the room with three tenants in place. Home offers a great layout, nice size eat in kitchen, large bedrooms and living areas plus main floor laundry. Plenty of off street parking available. This home has the potential to generate up to 2,125/mo with tenants paying all utilities or it could be owner occupied, potential of relocating current tenants.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
6560243
Type:
Fourplex
Subdivision:
Mankato - Everetts Blk 40/blk 23
Year built:
1881
A broker reciprocity listing Courtesy: Savvy Avenue, LLC 612-490-1268
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ADDITIONAL INFORMATION

The Property offers a total of four huge units, three one-bedroom and one three-bedroom unit. Each of the one-bedrooms are over 850 square feet (including the 3 season porches), not including the front porches and the patios available to the ground floor units. The three-bedroom apartment takes up half the second floor and all of the third floor and offers over 1,100 square feet. The basement is only accessed from the exterior stairwells and offers secure landlord storage along with coin operated laundry.Owned by the Sellers since 2001, the property is in its best condition ever. Over the years, every facet of the building has been brought up to the best of 21st century standards with the philosophy of: “If it’s worth doing, it’s worth doing right”. From bottom to top: from the new city sewer and water line connections, up to the roof and the brand-new vinyl siding on the porches and everything on the inside: wiring, plumbing, kitchens, baths, appliances, floor coverings, etc.

Beds:
10
Baths:
Sq.Ft.:
6,283
Status:
Active
MLS#:
7034561
Type:
Multi-Family
Lot size:
0.24 Acres
A broker reciprocity listing Courtesy: RE/MAX DYNAMIC AGENTS
View additional info

ADDITIONAL INFORMATION

Welcome to your next investment opportunity in the heart of a bustling city! This six-unit complex, primely situated near downtown, schools, and the Mankato State University, presents an enticing prospect for savvy investors seeking substantial returns. Although in need of complete rehabilitation, this property holds immense potential for lucrative returns once the renovations are completed. This six-unit complex presents an exceptional investment opportunity for those willing to undertake the necessary renovations. With its prime location, strong rental market, and potential for significant returns, this property is a promising addition to any investor's portfolio. Don't miss out on the chance to transform this property into a lucrative income-generating asset in the heart of the city with potential returns of 10% cash on cash!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
6477568
Type:
Fourplex
Subdivision:
Mankato
Year built:
1905
A broker reciprocity listing Courtesy: True Real Estate 507-345-8783
View additional info

ADDITIONAL INFORMATION

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 notice to show.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2024 REALTOR® Association of Southern Minnesota. All rights reserved.


Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Mankato Real Estate

Mankato is located in Minnesota. Mankato, Minnesota has a population of 41,241. Mankato is more family-centric than the surrounding county with 31.95% of the households containing married families with children. The county average for households married with children is 30.95%.

The median household income in Mankato, Minnesota is $45,035. The median household income for the surrounding county is $53,752 compared to the national median of $57,652. The median age of people living in Mankato is 25.5 years.

Mankato Weather

The average high temperature in July is 82.8 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 32.2 inches per year, with 38.6 inches of snow per year.

Mankato Map

Mankato Real Estate Market Conditions

  • Median sales price

    $348,500
    6.01%
    change since last quarter
  • # Active listings

    268
    30-day change

Mankato Schools and Demographics

Education near Mankato, MN

City County
High School Graduates 94.44 94.45
College Degree - 2 year 11.22 12.18
College Degree - 4 year 36.53 32.22
Graduate Degree 9.25 7.36
Expenditures per Student 10,899 11,058
Students per Teacher 15.5 13.8

Elementary Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Bridges Community Elementary School KG - 05 147 15.4 56001
Eagle Lake Elementary School KG - 05 360 15.5 56024
Franklin Elementary School KG - 06 694 14.3 56001
Hoover Elementary School KG - 05 543 17.9 56003
Jefferson Elementary School KG - 05 261 14.9 56001
Kennedy Elementary School KG - 05 392 13.4 56001
Maple River West Elementary School PK - 05 242 15 56037
Monroe Elementary School KG - 05 481 17.1 56003
Roosevelt Elementary School KG - 05 356 15.9 56001
Rosa Parks Elementary School KG - 05 466 14.8 56001
St. Clair Elementary PK - 06 384 16 56080
Washington Elementary School KG - 05 394 14.2 56001

Middle Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Dakota Meadows Junior High School 07 - 08 548 15.5 56001
Garfield Elementary School 06 - 06 289 19.4 56003
Mankato East Junior School 07 - 08 556 16.4 56001

High Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Mankato East Senior High School 09 - 12 981 17.2 56001
Mankato West Senior High School 09 - 12 1,148 17.8 56001
St. Clair Secondary 07 - 12 289 17.5 56080

Ungraded Schools near Mankato, MN

Grades Students P/T Ratio ZIP
* Central Freedom School 07 - 12 5 5 56001
* Central High Area Learning Center 09 - 12 57 6.8 56001
* Life Lines Adult Connection 11 - 12 0 1.1 56001
* Mankato Area Night School 09 - 12 30 56001
* Mankato Area Summer School 09 - 12 0 56001
Futures Program KG - 12 20 3.2 56001
KATO Public Charter School 06 - 12 83 10.8 56001
Socrates Online 01 - 12 0 56003
Special Education PK - 12 250 16.7 56001

Demographics near Mankato, MN

City County
Neighborhood Type Small Town
Population 41,241 65,767
Population Density 2,161 88
Median Age 25.5 30.6
People per Household 2.4 2.4
Median Household Income 45,035 53,752
Average Income per Capita 25,079 28,283

Real estate near Mankato