For Sale: Mankato MLS# 7078586
Active
NEW!
$224,800
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1886
2,107 sqft • 0.178 acres
Mankato schools
MLS# 7078586
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Property Description
Investment opportunity in Downtown Mankato! This duplex offers strong income potential and endless possibilities for the right buyer. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or renovate and increase value, this property is full of opportunity. Each unit provides functional living space with the chance to add your own updates and improvements. Conveniently located in Mankato near shopping, dining, parks, and schools, this property is a great chance to build equity and generate rental income. Don’t miss out on this versatile investment property with tons of potential!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$224,800
Price per sq ft:
$107
Property Type:
Multi-family
City:
Mankato
Garage Spaces:
3
County:
Blue Earth
Year Built:
1886
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56001
Subdivision Name:
Mankato
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,107 ft2
Living Area:
2,107 ft2
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
3
Foundation Size:
688 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Road Frontage:
City Street
Roof Details:
Asphalt
Lot & Land
Acres:
0.178
Geolocation:
44.164674, -93.998245
Lot Dimensions:
49 x 158
Schools
School District:
77
District Phone:
5073871868
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,328
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$5,683
Income
Annual Gross Income:
$26,700
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Century 21 Atwood.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.