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

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  /8

  $53,900

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  123 Jaybee Ln Unit 124, Mankato, MN 56001

  Tori Coil Eastwood MN

  123 Jaybee Ln Unit 124, Mankato, MN 56001
• 

  

  

  /6

  $114,900

  • Land
  • 2.66 Acres
  • $43,195 per Acre

  0 R40 04 33 126 001 Unit XXXXX 231st Street, Mankato, MN 56001

  Don't miss this amazing 2.66 Acre lot on the outskirts of Mankato. You can enjoy the beautiful scenery and country living while still be seconds away from all the conveniences of town.

  Chris Cousins Viking Real Estate

  0 R40 04 33 126 001 Unit XXXXX 231st Street, 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
• 

  

  /2

  $45,000

  • Land
  • 16,988 Sq Ft
  • $115,385 per Acre

  TBD Agency Rd, Mankato, MN 56001

  Opportunity for a spec build or rental investment on this .39-acre lot. Central location supports strong rental appeal with convenient access to MSU and Hilltop amenities. The backyard offers a unique advantage—wooded, city-owned land providing much appreciated privacy. Priced below comparable lots to reflect location and allow room in your build margins.

  Elizabeth Janike RE/MAX Dynamic Agents

  TBD Agency Rd, Mankato, MN 56001
• 

  

  /2

  $5,500

  • 1 Bed
  • 1 Bath

  130 Lynn Ln Unit 73, Mankato, MN 56001

  Calling all investors! This as-is fixer upper in the Eastwood MN community is the perfect opportunity to add value and create strong rental potential. With some repairs and updates, this home can become a reliable income-producing property in a highly desirable, professionally managed community.

  Tori Coil Eastwood MN

  130 Lynn Ln Unit 73, Mankato, MN 56001
• 

  /2

  $87,000

  • Land
  • 8,276 Sq Ft
  • $457,895 per Acre

  Lot 21 Aveyda Bend Trail, Mankato, MN 56001

  This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

  Rebecca Thate RE/MAX Advantage Plus

  Lot 21 Aveyda Bend Trail, Mankato, MN 56001
• 

  /2

  $70,000

  • Land
  • 7,405 Sq Ft
  • $411,765 per Acre

  3137 Bassett Dr, Mankato, MN 56001

  Terrific single family building lot in the popular Groh Farm Subdivision. Lot is build ready now. Bring your plan, dreams and vision, or we have several beautiful plans choose from, schedule your build consultation with our experts. Zoned R2. No builder restrictions. Remaining lots are few, do not delay, call today. 30 additional feet is available to enlarge this lot for building your perfect

  Rebecca Thate RE/MAX Advantage Plus

  3137 Bassett Dr, Mankato, MN 56001
• 

  

  /7

  $65,000

  • Land
  • 7,405 Sq Ft
  • $382,353 per Acre

  0 Aster Ln, Mankato, MN 56001

  Great lot in an amazing subdivision! Call for details or to get started on the home of your dreams. Discount available on lot if you use Heartland Homes to construct your new home.

  Chris Cousins Viking Real Estate

  0 Aster Ln, 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
• 

  

  /5

  $64,900

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  310 Oak Ln Unit 106, Mankato, MN 56001

  Tori Coil Knollwood

  310 Oak Ln Unit 106, Mankato, MN 56001
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  0 Aveyda Bend Trail Unit 7039700, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039700, Mankato, MN 56001
• 

  

  /3

  $3,500

  161 Laurinda Ln Unit 35, Mankato, MN 56001

  Calling all Investors! Huge opportunity to make a deal on this perfect renovation project. Quick Closing, Quick Renovation and Quick Profit! This home needs significant work and is priced accordingly. Given the amount of work necessary to bring this gem up to it's fiull potential, prospective investors must be licensed and experienced renovation specialists. Call today, we are currently

  Tori Coil Eastwood MN

  161 Laurinda Ln Unit 35, Mankato, MN 56001
• 

  /2

  $87,000

  • Land
  • 8,276 Sq Ft
  • $457,895 per Acre

  0 Aveyda Bend Trail Unit 7039730, Mankato, MN 56001

  This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039730, 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
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  0 Aveyda Bend Trail Unit 7039699, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039699, Mankato, MN 56001
• 

  

  /10

  $125,000

  • Land
  • 13,503 Sq Ft
  • $403,226 per Acre

  0 Indigo Trail, Mankato, MN 56001

  Take a look at the the stunning new lot in Hilltop Mankato. This is a brand new development so please call with questions.

  Chris Cousins Viking Real Estate

  0 Indigo Trail, Mankato, MN 56001
• 

  /2

  $130,000

  • Land
  • 9,583 Sq Ft
  • $590,909 per Acre

  Lot 9 Luma Cir, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate RE/MAX Advantage Plus

  Lot 9 Luma Cir, Mankato, MN 56001
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  Lot 8 Aveyda Bend Trail, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate RE/MAX Advantage Plus

  Lot 8 Aveyda Bend Trail, 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
• 

  /2

  $87,000

  • Land
  • 8,276 Sq Ft
  • $457,895 per Acre

  0 Aveyda Bend Trail Unit 7039718, Mankato, MN 56001

  This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039718, Mankato, MN 56001
• 

  /2

  $87,000

  • Land
  • 8,276 Sq Ft
  • $457,895 per Acre

  0 Aveyda Bend Trail Unit 7039722, Mankato, MN 56001

  This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039722, Mankato, MN 56001
• 

  

  /5

  $84,900

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  23 Wood Dr Unit 8, Mankato, MN 56001

  Tori Coil Knollwood

  23 Wood Dr Unit 8, Mankato, MN 56001
• 

  /2

  $130,000

  • Land
  • 9,583 Sq Ft
  • $590,909 per Acre

  Lot 10 Luma Cir, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate RE/MAX Advantage Plus

  Lot 10 Luma Cir, Mankato, MN 56001
• 

  

  /5

  $91,900 New Construction

  • 2 Beds
  • 2 Baths
  • 1,056 Sq Ft

  207 Spruce Ln Unit 83, Mankato, MN 56001

  Tori Coil Knollwood

  207 Spruce Ln Unit 83, Mankato, MN 56001
• 

  /2

  $87,000

  • Land
  • 8,276 Sq Ft
  • $457,895 per Acre

  0 Aveyda Bend Trail Unit 7039732, Mankato, MN 56001

  This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039732, Mankato, MN 56001
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  0 Aveyda Bend Trail Unit 7039715, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039715, Mankato, MN 56001
• 

  

  /10

  $80,000

  • Land
  • 14,810 Sq Ft
  • $235,294 per Acre

  0 Indigo Trail, Mankato, MN 56001

  Take a look at the the stunning new lot in Hilltop Mankato. This is a brand new development so please call with questions.

  Chris Cousins Viking Real Estate

  0 Indigo Trail, Mankato, MN 56001
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  0 Aveyda Bend Trail Unit 7039706, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039706, 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
• 

  /2

  $99,000

  • Land
  • 9,583 Sq Ft
  • $450,000 per Acre

  Lot 11 Luma Cir, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate RE/MAX Advantage Plus

  Lot 11 Luma Cir, Mankato, MN 56001
• 

  

  /7

  $65,000

  • Land
  • 7,405 Sq Ft
  • $382,353 per Acre

  0 Aster Ln, Mankato, MN 56001

  Great lot in an amazing subdivision! Call for details or to get started on the home of your dreams. Discount available on lot if you use Heartland Homes to construct your new home.

  Chris Cousins Viking Real Estate

  0 Aster Ln, Mankato, MN 56001
• 

  /2

  $99,000

  • Land
  • 9,583 Sq Ft
  • $450,000 per Acre

  Lot 12 Luma Cir, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate RE/MAX Advantage Plus

  Lot 12 Luma Cir, Mankato, MN 56001
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  0 Aveyda Bend Trail Unit 7039704, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Aveyda Bend Trail Unit 7039704, Mankato, MN 56001
• 

  

  /5

  $84,900

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  66 Knoll Ln Unit 36, Mankato, MN 56001

  3 bedroom / 2 bath, 920 sq. ft. home at Eastwood MN, a family oriented, well-maintained, professionally managed community. With our flexible financing options, you may pay less to own your own home than you are paying to rent an apartment! This home offers modern comfort and space for the whole family!!!

  Tori Coil Knollwood

  66 Knoll Ln Unit 36, Mankato, MN 56001
• 

  /2

  $87,000

  • Land
  • 8,276 Sq Ft
  • $457,895 per Acre

  Lot 15 Aveyda Bend Trail, Mankato, MN 56001

  This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

  Rebecca Thate RE/MAX Advantage Plus

  Lot 15 Aveyda Bend Trail, Mankato, MN 56001
• 

  /2

  $130,000

  • Land
  • 9,583 Sq Ft
  • $590,909 per Acre

  0 Luma Cir Unit 7039677, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Luma Cir Unit 7039677, Mankato, MN 56001
• 

  

  /7

  $240,000

  • Land
  • 3.44 Acres
  • $69,767 per Acre

  568th Avenue, Mankato, MN 56001

  This beautiful rural lot is nestled among mature trees just outside Mankato, offering a peaceful and private setting on 3.44 acres. Located just off a blacktop road, it provides easy, year-round access while maintaining a quiet country feel. The property features a shared well—a rare and valuable benefit for rural parcels—and offers plenty of space to build your dream home, along with a shed or

  Scott Borgmeier BH Realty Group

  568th Avenue, Mankato, MN 56001
• 

  /2

  $130,000

  • Land
  • 9,583 Sq Ft
  • $590,909 per Acre

  0 Luma Cir Unit 7039684, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate Re/Max Advantage Plus Mankato

  0 Luma Cir Unit 7039684, Mankato, MN 56001
• 

  /2

  $77,000

  • Land
  • 8,276 Sq Ft
  • $405,263 per Acre

  Lot 31 Aveyda Bend Trail, Mankato, MN 56001

  This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

  Rebecca Thate RE/MAX Advantage Plus

  Lot 31 Aveyda Bend Trail, Mankato, MN 56001
• 

  /2

  $130,000

  • Land
  • 9,583 Sq Ft
  • $590,909 per Acre

  Lot 1 Luma Cir, Mankato, MN 56001

  Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

  Rebecca Thate RE/MAX Advantage Plus

  Lot 1 Luma Cir, Mankato, MN 56001

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