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Affordable Homes for Sale in Mankato, MN under $248,000

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  • /31

    $245,000

    Open Sat 11AM - 12:30PM
    • 3 Beds
    • 4 Baths
    • 1,910 Sq Ft

    923 N 5th St, Mankato, MN 56001

    Beautiful 2 story, 3 bedroom, 4 bath home blends original character with everything rebuilt and restored from the footings to the roof in 2013-2017. The entire home has new dry wall, original hardwood floors and trim. Main floor includes large living room with an extra room for library or den. Open stairway, eat-in kitchen with soft close cabinetry, formal dining room with exposed beams and brick

    Marilyn Barnes True Real Estate

    923 N 5th St, Mankato, MN 56001
  • /15

    $215,000

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 2,202 Sq Ft

    643 Mound Ave, Mankato, MN 56001

    Welcome home to this beautifully maintained 3-bedroom, 1.5-bath property that combines timeless charm with thoughtful modern updates. The recently modernized kitchen offers a fresh, inviting space for cooking and entertaining, while newly repainted fascia and exterior trim enhance the home's curb appeal.Inside, you'll find a bright, functional floor plan featuring spacious living areas and

    Angela Crewther eXp Realty

    643 Mound Ave, Mankato, MN 56001
  • /17

    $131,000

    • Land
    • 20,473 Sq Ft
    • $278,723 per Acre

    0 Pinehurst Dr, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Pinehurst Dr, Mankato, MN 56001
  • /35

    $199,900

    Coming Soon
    • 2 Beds
    • 1 Bath
    • 1,473 Sq Ft

    401 Belle Ave, Mankato, MN 56001

    Updated, charming, and move-in ready! This quaint home features modern and thoughtful updates into a welcoming space. The main floor features a bright living room with beautiful LVP flooring, fresh neutral finishes, and large new windows that fill the space with natural light. The adjacent eat-in kitchen offers new stainless steel appliances, stylish gray cabinetry, paneled wainscoting, a tiled

    Zach Duckworth Keller Williams Preferred Realty

    401 Belle Ave, Mankato, MN 56001
  • /17

    $68,000

    • Land
    • 12,632 Sq Ft
    • $234,483 per Acre

    0 Double Eagle Dr, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Double Eagle Dr, Mankato, MN 56001
  • /6

    $174,800

    $25K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 884 Sq Ft

    7th 7th Ave, Mankato, MN 56001

    Investment opportunity in 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.

    Candee Deichman CENTURY 21 ATWOOD

    7th 7th Ave, Mankato, MN 56001
  • /28

    $220,000

    • 2 Beds
    • 1 Bath
    • 1,061 Sq Ft

    1423 N 2nd St, Mankato, MN 56001

    Welcome to this well-maintained 2-bedroom, 1-bathroom home offering a spacious and functional layout with thoughtful updates throughout. The generously sized primary bedroom features an attached den/office, providing versatile flex space for a home office, hobby room, reading area, or additional living space.The large main level offers an open, comfortable flow with plenty of room for

    Kristina Treat Engel & Volkers Prior Lake

    1423 N 2nd St, Mankato, MN 56001
  • /3

    $244,000

    • Land
    • 14,374 Sq Ft
    • $739,394 per Acre

    S S Victory Dr, Mankato, MN 56001

    Great opportunity to own a unit or building in the Victory Drive Business Park Association! Price shown is for one 1,560 SF unit, to be built by Skorr Construction, or the builder of your choice.

    Jon Kietzer LANDMARK REAL ESTATE

    S S Victory Dr, Mankato, MN 56001
  • /17

    $137,000

    • Land
    • 25,700 Sq Ft
    • $232,203 per Acre

    0 Butler Falls Rd, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Butler Falls Rd, Mankato, MN 56001
  • /21

    $74,900

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    101 Jaybee Ln, Mankato, MN 56001

    Rare find: mobile home with a fenced yard, Three-bedroom, 2-bath with many updates. Updated with a newer furnace, AC, water heater, windows, appliances, primary bathroom, and so much more.

    Beth Leonard True Real Estate

    101 Jaybee Ln, Mankato, MN 56001
  • /17

    $63,000

    • Land
    • 8,712 Sq Ft
    • $315,000 per Acre

    0 Double Eagle Dr, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Double Eagle Dr, Mankato, MN 56001
  • /36

    $228,000

    $22K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,006 Sq Ft

    407 E Pleasant St, Mankato, MN 56001

    Holding a 5 unrelated rental license, this freshly remodeled and conveniently located three-bedroom home blends modern updates with a clean, cohesive design. LVP flooring runs through both the main and upper levels, complemented by updated double-pane windows and LED lighting throughout. The stylish white-and-black décor theme carries effortlessly from room to room, highlighted by oversized

    Sonja Zoet REAL BROKER, LLC

    407 E Pleasant St, Mankato, MN 56001
  • /17

    $168,000

    • Land
    • 26,136 Sq Ft
    • $280,000 per Acre

    0 Pine Creek Rd, Mankato, MN 56001

    Build your dream home on this beautiful lot in one of Mankato's premier neighborhoods. This lot would be a great for a patio home! Close to trails and conveniently located with easy access to Highway 14 and 22.

    Jen True TRUE REAL ESTATE

    0 Pine Creek Rd, Mankato, MN 56001
  • /35

    $235,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,484 Sq Ft

    1035 E Main St, Mankato, MN 56001

    Charming and move-in ready Hilltop 2-story with 3 bedrooms and 2 full bathrooms located just minutes from Mayo Clinic and Bethany College. This home offers a great mix of character, updates, and functional living space. Fresh paint throughout and a newly updated primary bathroom featuring a new bathtub, surrounds, and vinyl flooring give the home a fresh feel. The main level includes a spacious

    Tiela Clement Edina Realty, Inc.

    1035 E Main St, Mankato, MN 56001
  • /3

    $130,000

    • Land
    • 8,276 Sq Ft
    • $684,211 per Acre

    0 Saba Blvd Unit 7039335, Mankato, MN 56001

    Build your dream home on this prime lot in a vibrant, active-lifestyle community where convenience, connection, and comfort come together. The HOA takes care of the clubhouse maintenance, snow removal, lawn care, and irrigation, allowing you to enjoy a low-maintenance lifestyle year-round. Residents enjoy secure access to an exceptional, member owned clubhouse featuring indoor and outdoor

    Jason Beal JBEAL REAL ESTATE GROUP

    0 Saba Blvd Unit 7039335, Mankato, MN 56001
  • /17

    $158,000

    • Land
    • 23,086 Sq Ft
    • $298,113 per Acre

    0 Double Eagle Dr, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Double Eagle Dr, Mankato, MN 56001
  • /17

    $131,000

    • Land
    • 20,473 Sq Ft
    • $278,723 per Acre

    0 Butler Falls Rd, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Butler Falls Rd, Mankato, MN 56001
  • /3

    $130,000

    • Land
    • 9,147 Sq Ft
    • $619,048 per Acre

    0 Mahoe Way, Mankato, MN 56001

    Build your dream home on this prime lot in a vibrant, active-lifestyle community where convenience, connection, and comfort come together. The HOA takes care of the clubhouse maintenance, snow removal, lawn care, and irrigation, allowing you to enjoy a low-maintenance lifestyle year-round. Residents enjoy secure access to an exceptional, member owned clubhouse featuring indoor and outdoor

    Jason Beal JBEAL REAL ESTATE GROUP

    0 Mahoe Way, Mankato, MN 56001
  • /6

    $174,800

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,714 Sq Ft

    2005 7th Ave, Mankato, MN 56001

    Investment opportunity in 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.

    Candee Deichman Century 21 Atwood

    2005 7th Ave, Mankato, MN 56001
  • /79

    $210,000

    • 3 Beds
    • 1.5 Baths
    • 1,468 Sq Ft

    527 Mound Ave, Mankato, MN 56001

    Just down the road from the amazing Sibley Park sits the updated one level home. The main floor has an updated kitchen, large living room with hardwood floors, 2 large bedrooms, and a nicely updated full bathroom. The lower level has a beautiful family room with new flooring and a beautiful brick Heat and Glo gas fireplace! There is a bar area, lots of storage and a 1/2 bathroom. Laundry room

    Darryn Sanders RE/MAX Results

    527 Mound Ave, Mankato, MN 56001
  • /31

    $214,900

    $7K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,901 Sq Ft

    128 Rose St, Mankato, MN 56001

    3-bedroom home nestled in the heart of West Mankato. Updated kitchen, beautiful flooring, versatile flex space with the basement offering excellent potential for equity growth, giving a savvy buyer the chance to add value and make this home truly their own. 2 stall garage, backyard patio, & storage shed.

    Shawna Wolfe Keller Williams Premier Realty

    128 Rose St, Mankato, MN 56001
  • /13

    $150,000

    • Land
    • 10,454 Sq Ft
    • $625,000 per Acre

    0 Bitterend Cir, Mankato, MN 56001

    Welcome to the future site of your dream home in Mankato's Siesta Hills Subdivision! This expansive 0.24-acre lot, spanning 10,380 sq. ft., sets the stage for a lifestyle of luxury and leisure within this exclusive community. Nestled among rolling hills, Siesta Hills promises a unique living experience. Anticipate the completion of a cutting-edge clubhouse by Summer 2024, serving as the

    Candee Deichman CENTURY 21 ATWOOD

    0 Bitterend Cir, Mankato, MN 56001
  • /15

    $229,900

    $15K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,192 Sq Ft

    939 Mayvis Blvd, Mankato, MN 56001

    Welcome home to one-level living close to the MoonDogs stadium, shopping, restaurants, and more! With new carpet and vinyl plank flooring in the primary bedroom, you've got a move-in ready townhome waiting for you. It has an open living, dining and kitchen space with a breakfast bar and laundry tucked away as well. The primary bedroom boasts a private bath, plus walk-in AND an additional closet.

    Elizabeth Crandall TRUE REAL ESTATE

    939 Mayvis Blvd, Mankato, MN 56001
  • /6

    $195,000

    • Land
    • 32,234 Sq Ft
    • $263,514 per Acre

    0 Lot 2 Block 1 Kearney Addition No 4 Unit 267040712, Mankato, MN 56001

    Prime development land for sale in the heart of Hilltop Mankato, Minnesota centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Zoned in the Office and Residential District which is designed to provide for medium- high density mixed development. Potential uses include multi-family development, church/place of worship, child-care center, nursing home, dental/medical clinic or

    April Femrite True Commercial, LLC

    0 Lot 2 Block 1 Kearney Addition No 4 Unit 267040712, Mankato, MN 56001
  • /22

    $203,500

    • 2 Beds
    • 1.5 Baths
    • 1,254 Sq Ft

    108 Tanager Path, Mankato, MN 56001

    Welcome to 108 Tanager Path! This inviting 2-bedroom, 1.5-bath townhouse offers approximately 1,254 square feet of finished living space and a comfortable layout designed for easy everyday living. With a thoughtfully arranged floor plan featuring well-proportioned living areas, this home offers a wonderful combination of comfort and functionality. Furnace new in 2025, A/C and water heater new in

    Jen True TRUE REAL ESTATE

    108 Tanager Path, Mankato, MN 56001
  • /17

    $79,000

    • Land
    • 14,374 Sq Ft
    • $239,394 per Acre

    0 Butler Falls Rd, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Butler Falls Rd, Mankato, MN 56001
  • /16

    $155,000

    • 2 Beds
    • 1.5 Baths
    • 882 Sq Ft

    212 E Rock St, Mankato, MN 56001

    Charming home with plenty of potential and convenient features! This inviting property offers comfortable living spaces, a functional kitchen with ample cabinetry and included appliances, and spacious bedrooms with good natural light. The home also features a 3-season porch, main-level laundry, and a convenient attached garage with a workshop area. The lower level provides additional storage

    Amber Haddy KRIS LINDAHL REAL ESTATE

    212 E Rock St, Mankato, MN 56001
  • /22

    $154,900

    • 2 Beds
    • 1 Bath
    • 1,004 Sq Ft

    109 Florence St, Mankato, MN 56001

    Quaint & well maintained 2-bedroom home with character featuring neutral tones, modern updates& lots of natural light. Tiled kitchen back splash, laminate flooring, tiled surround bathtub, nice sized bedrooms, main floor laundry, deck with privacy fence, fenced in area, storage shed& paved driveway. This property holds an active rental license — a fantastic opportunity for investors or

    Shawna Wolfe Keller Williams Premier Realty

    109 Florence St, Mankato, MN 56001
  • /27

    $179,900

    $39K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,569 Sq Ft

    109 S 4th St, Mankato, MN 56001

    This versatile three-bedroom single-family home comes with a rental license and no occupancy limit, making it an excellent investment opportunity. The property features a spacious lot that extends to the alley, complete with a 29x22 parking pad. The main floor boasts beautiful original oak flooring and woodwork throughout the enclosed front entry, living room, dining room, and sunroom with

    Karla Van Eman AMERICAN WAY REALTY

    109 S 4th St, Mankato, MN 56001

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