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Investment - Homes for Sale in Mankato, MN

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  • /24

    $264,900

    New Construction
    • 2 Beds
    • 2 Baths
    • 858 Sq Ft

    3120 Noble Dr, Mankato, MN 56001

    Completed new construction.Rental license and leased. Tenant pays utilities.One story Twin Homes You asked—and here it is! Beautiful, brand-new one-level patio homes, ready for move-in today. These thoughtfully designed two-bedroom homes feature a well-planned open floor layout that combines comfort and functionality. Enter through the everyday entry from the attached garage, where a

    Agent Photo

    Rebecca Thate

    RE/MAX Advantage Plus

    3120 Noble Dr, Mankato, MN 56001
  • /25

    $264,900

    New Construction
    • 2 Beds
    • 2 Baths
    • 858 Sq Ft

    3122 Noble Dr, Mankato, MN 56001

    Completed new construction. Rental license and leased. Tenant pays utilities. One story Twin Homes. You have asked and here it is. Nice, new ONE level patio homes ready to move in. These two bedroom homes have a well-designed open floor plan Beginning with the everyday entry from the attached garage, there is a well-placed closet, leading you into the kitchen and breakfast bar area. The inviting

    Rebecca Thate Re/Max Advantage Plus Mankato

    3122 Noble Dr, Mankato, MN 56001
  • /24

    $182,900

    $17K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft

    129 W Ruth St, Mankato, MN 56001

    Tucked away on a cul-de-sac in the heart of Mankato, this rare and versatile investment opportunity is packed with character, space, and endless potential! Situated on TWO parcels, this expansive 4 bedroom, 2 bathroom property offers an incredible blend of charm and functionality with soaring tall ceilings, spacious rooms, and abundant natural light throughout. The home features updated

    Zoe Anderson True Real Estate

    129 W Ruth St, Mankato, MN 56001
  • /30

    $424,900

    • 4 Beds
    • 2 Baths
    • 2,484 Sq Ft

    113 Timberwolf Ct, Mankato, MN 56001

    You'll want to check out this amazing home for yourself! Potential investment opportunity with application for rental license, or fantastic spacious single-family owner/occupied residence. Main level offers an open concept living/dining/kitchen space with movable center island and access to the brand-new deck! Three same floor bedrooms and a full, walk-through bathroom as well as main-floor

    Deb Drummer RE/MAX DYNAMIC AGENTS

    113 Timberwolf Ct, Mankato, MN 56001
  • /33

    $199,900

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    737 Gwyn Dr, Mankato, MN 56001

    Opportunity awaits in this affordable 1950s rambler located in a desirable neighborhood. The main floor offers three comfortable bedrooms, a full bathroom, and several updated windows. Original hardwood flooring is already exposed in at least one bedroom and may be found beneath additional flooring throughout the home. The lower level provides a fantastic opportunity to build instant equity, with

    Jonathan Cramer AMERICAN WAY REALTY

    737 Gwyn Dr, Mankato, MN 56001
  • /24

    $529,800

    • 4 Beds
    • 4 Baths
    • 858 Sq Ft

    0 Noble Dr Unit 7039425, Mankato, MN 56003

    Great opportunity for investment! Both units are have active leases. One story Twin Homes You asked—and here it is! Beautiful, brand-new one-level patio homes, ready for move-in today. These thoughtfully designed two-bedroom homes feature a well-planned open floor layout that combines comfort and functionality. Enter through the everyday entry from the attached garage, where a conveniently

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Noble Dr Unit 7039425, Mankato, MN 56003
  • /16

    $250,000

    • 4 Beds
    • 2 Baths
    • 2,039 Sq Ft

    0 Locke St, Mankato, MN 56001

    5 unrelated Rental license - Rare investment opportunity knocks! Attractive cap rate potential($2000-2500/month) at current list price. Tenants have paid all utilities in the past! Excellent opportunity for investors seeking immediate cash flow. Property offers tenant appeal, with its location to MSU/Bethany/Downtown Mankato, and a price point difficult to find in today’s multifamily market.

    Rachael Hansen-Miller Keller Williams Premier Realty

    0 Locke St, Mankato, MN 56001
  • /16

    $329,000

    • 2 Beds
    • 2 Baths
    • 2,016 Sq Ft

    58569 Kirkwood Rd, Mankato, MN 56001

    Rare 5-Acre Bluff line Opportunity Just Minutes from Town! Discover the blend of privacy, nature, and convenience with this beautiful 5-acre rural property set along the bluff line near Mankato. Surrounded by mature trees and scenic views, this unique parcel offers a peaceful setting while remaining just 5 mins from city limits & 10–15 minutes from downtown, shopping, and Mayo Clinic Health

    Shawna Wolfe Keller Williams Premier Realty

    58569 Kirkwood Rd, Mankato, MN 56001
  • /35

    $599,900

    New Construction
    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    3201 & 3203 Noble Dr, Mankato, MN 56001

    This property is a great investment property. Both units are currently leased! Explore the options and versatility in these new construction twin homes. Two story style with a thoughtfully designed open floor plan with maximizing space. Both units have entry with built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter space complete with a stainless

    Rebecca Thate RE/MAX Advantage Plus

    3201 & 3203 Noble Dr, Mankato, MN 56001
  • /33

    $299,900

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 656 Sq Ft

    3203 Noble Dr, Mankato, MN 56001

    A great investment property! Unit is currently leased. Explore the options and versatility in these new construction twin homes. Two story style with a thoughtfully designed open floor plan with maximizing space. Beginning with the entry, there is a built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter space complete with a stainless Whirlpool appliance

    Rebecca Thate RE/MAX Advantage Plus

    3203 Noble Dr, Mankato, MN 56001
  • /27

    $599,900

    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    0 Noble Dr Unit 7038834, Mankato, MN 56003

    Perfect investment property. Both units are currently leased! Welcome to the Creekside. Explore the options and versatility in these new construction twin home / Duplex homes. Two stories with a thoughtfully designed open floor plan to maximizing space. Beginning with the entry, there is a built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter space

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Noble Dr Unit 7038834, Mankato, MN 56003
  • /15

    $295,900

    $9K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,984 Sq Ft

    152 Savannah Ct, Mankato, MN 56001

    Looking for a home that can work for you in more ways than one? This 4 bedroom, 2¾ bath property offers incredible flexibility as a single-family home, investment property, or a combination of both! The lower level features a separate entrance and can function as an efficiency apartment, family room, or additional living area. Recent updates include new carpet in the living room and in the

    Drew Peterson CENTURY 21 ATWOOD

    152 Savannah Ct, Mankato, MN 56001
  • /35

    $599,900

    New Construction
    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    3129 & 3131 Noble Dr, Mankato, MN 56001

    This property is available as an investment property. Both units have active leases. Explore the options and versatility in these new construction twin homes. Two story style with a thoughtfully designed open floor plan with maximizing space. Both units have entry with built-in coatrack and bench with storage underneath. The inviting kitchen offers great counter space complete with a stainless

    Rebecca Thate RE/MAX Advantage Plus

    3129 & 3131 Noble Dr, Mankato, MN 56001
  • /13

    $1,195,000

    • 12 Beds
    • 8 Baths
    • 6,528 Sq Ft

    0 Holly Ln, Mankato, MN 56001

    Fully renovated and fully occupied 4-unit townhome property offers both modern appeal and immediate income stability. Each spacious unit features 3 bedrooms and has been thoughtfully updated from top to bottom. Recent improvements include stainless steel appliances, updated plumbing and lighting, new fixtures throughout, with high-efficiency mechanicals—furnace, A/C condenser, and tankless water

    Shawna Wolfe Keller Williams Premier Realty

    0 Holly Ln, Mankato, MN 56001
  • /26

    $250,000

    • 3 Beds
    • 2 Baths
    • 2,358 Sq Ft

    N N Broad St, Mankato, MN 56001

    Here's your opportunity to own a character-filled investment property with timeless curb appeal and solid updates. This spacious up/down duplex features an impressive original brick exterior, stunning woodwork, and architectural details that are hard to find—including a distinctive spire that makes this property an unforgettable local landmark. Each spacious unit offers 2 bedrooms, 1 bathroom,

    Michelle Starkey TRUE REAL ESTATE

    N N Broad St, Mankato, MN 56001
  • /27

    $599,900

    New Construction
    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    3117 & 3119 Noble Dr, Mankato, MN 56001

    A perfect investment opportunity! Both units are currently leased for you. Welcome to the Creekside. Explore the options and versatility in these new construction twin home / Duplex homes. Two stories with a thoughtfully designed open floor plan to maximizing space. Beginning with the entry, there is a built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter

    Rebecca Thate RE/MAX Advantage Plus

    3117 & 3119 Noble 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
  • /26

    $529,800

    New Construction
    • 4 Beds
    • 4 Baths
    • 1,716 Sq Ft

    3120 & 3122 Noble Dr, Mankato, MN 56001

    Completed new construction. Ready for your investment! Both units are currently leased. One story Twin Homes You asked—and here it is! Beautiful, brand-new one-level patio homes, ready for move-in today. These thoughtfully designed two-bedroom homes feature a well-planned open floor layout that combines comfort and functionality. Enter through the everyday entry from the attached garage, where a

    Rebecca Thate RE/MAX Advantage Plus

    3120 & 3122 Noble Dr, Mankato, MN 56001
  • /23

    $269,900

    $5K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,839 Sq Ft

    702 N 6th St, Mankato, MN 56001

    Rare opportunity for a Queen Anne Victorian on a large corner lot with extra large bedrooms, a bathroom on all 3 finished levels, unfinished attic to expand, 2 garages (one is 2 stall heated garage), patio & 3 season porch. This stunning home features wraparound front porch, intricate woodwork, hardwood floors, built-in buffet, antique fireplaces with tiled surrounds and a spacious kitchen with

    Elizabeth Sibet eXp Realty

    702 N 6th St, Mankato, MN 56001
  • /32

    $599,900

    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    0 Noble Dr Unit 7039384, Mankato, MN 56003

    This property is available as an investment property. Both units have active leases. Explore the options and versatility in these new construction twin homes. Two story style with a thoughtfully designed open floor plan with maximizing space. Both units have entry with built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter space complete with a stainless

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Noble Dr Unit 7039384, Mankato, MN 56003
  • /14

    $249,900

    • 7 Beds
    • 3 Baths
    • 2,550 Sq Ft

    802 Le Hillier St, Mankato, MN 56001

    Exceptional Investment Opportunity- This duplex offers strong rental history and quality updates. Unit 1is a spacious 4-bedroom, 2-bathroom unit featuring a private entrance, a dedicated laundry room, and generous attic storage. The unit is equipped with a full appliance package including a washer, dryer, and a new refrigerator. Enjoy outdoor living on the block patio, perfect for relaxing or

    Shawna Wolfe Keller Williams Premier Realty

    802 Le Hillier St, Mankato, MN 56001
  • /16

    $250,000

    • 4 Beds
    • 2 Baths
    • 2,039 Sq Ft

    229 Locke St, Mankato, MN 56001

    Welcome to the historic Lincoln Park Neighborhood - This 2 story home offers lots of possibilities along with a 5 unrelated rental license! Purchase as a spacious home for your family/and or an investment property. Private backyard, large deck off the upper level, wraparound porch on the front of the house, main floor laundry, and a storage shed for all the extra items! Property offers appeal &

    Rachael Hansen-Miller Keller Williams Premier Realty

    229 Locke St, Mankato, MN 56001
  • /14

    $1,687,598

    • Land
    • 16.21 Acres
    • $104,108 per Acre

    0 Adams St Unit 7032870, Mankato, MN 56001

    16.21 Acre parcel of land located along a vibrant and busy four-lane highway and the newly extended Adams Street, offering excellent visibility and accessibility for commercial or light industrial use. Its strategic position near a major roadway ensures a constant flow of traffic and provides an ideal platform for businesses looking to establish themselves in a growing and dynamic area. As the

    Carlos Carrera RE/MAX DYNAMIC AGENTS

    0 Adams St Unit 7032870, Mankato, MN 56001
  • /15

    $249,900

    • 5 Beds
    • 3 Baths
    • 1,500 Sq Ft

    0 Lehiller St Unit 267040550, Mankato, MN 56001

    Exceptional Investment Opportunity- This duplex offers strong rental history and quality updates. Unit 1 is a spacious 4-bedroom, 2-bathroom unit featuring a private entrance, a dedicated laundry room, and generous attic storage. The unit is equipped with a full appliance package including a washer, dryer, and a new refrigerator. Enjoy outdoor living on the block patio, perfect for relaxing or

    Shawna Wolfe Keller Williams Premier Realty

    0 Lehiller St Unit 267040550, Mankato, MN 56001
  • /20

    $254,900

    $5K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,440 Sq Ft

    2192 Rolling Green Trail, Mankato, MN 56003

    Newer townhome in desirable Upper North Mankato neighborhood offering a great owner-occupant or investment opportunity! Currently rented through 7/31/2026 at $1,775/month, this well-maintained 3-bedroom, 3-bath unit is move-in ready and easily rentable. Rental license is current with no occupancy restrictions. The main level features a flexible nook/office/landing zone area, one bedroom, and a

    Kellie Krumwiede Connect Real Estate Group

    2192 Rolling Green Trail, Mankato, MN 56003
  • /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
  • /65

    $375,000

    $15K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 4,019 Sq Ft

    N N Broad St, Mankato, MN 56001

    Owner occupants are welcome. Bottom two units will be available in August. Turnkey 4-unit investment opportunity in the heart of downtown Mankato. This 4,000+ sq ft property includes one 2-bedroom unit and three 1-bedroom units, all with full bathrooms, generating $3,075/month in rental income. Tenants pay electric and Wi-Fi, helping offset owner expenses. Newer roof (2019). The 2-bedroom unit

    Tyler Bolduan RE/MAX DYNAMIC AGENTS

    N N Broad St, Mankato, MN 56001
  • /2

    $1,095,000

    • Land
    • 23.35 Acres
    • $46,895 per Acre

    0 Adams St Unit 7036368, Mankato, MN 56001

    Are you looking to establish your business in the thriving east side of Mankato? Look no further than this ideal location right off of US 14, boasting over 17,000 Average Daily Traffic (ADT) and situated at the intersection of CSAH 12, the newly constructed Adams Street, and US 14. This flat vacant land is attractively priced and surrounded by upcoming businesses and a new residential

    Scott Borgmeier BH Realty Group

    0 Adams St Unit 7036368, Mankato, MN 56001
  • /26

    $250,000

    • 4 Beds
    • 2 Baths
    • 2,358 Sq Ft

    616 N Broad St, Mankato, MN 56001

    Here's your opportunity to own a character-filled investment property with timeless curb appeal and solid updates. This spacious up/down duplex features an impressive original brick exterior, stunning woodwork, and architectural details that are hard to find—including a distinctive spire that makes this property an unforgettable local landmark.Each spacious unit offers 2 bedrooms, 1 bathroom,

    Michelle Starkey True Real Estate

    616 N Broad St, Mankato, MN 56001
  • /32

    $599,900

    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    0 Noble Dr Unit 7039385, Mankato, MN 56003

    This property is available as a perfect investment property. Both units are currently leased! Explore the options and versatility in these new construction twin homes. Two story style with a thoughtfully designed open floor plan with maximizing space. Both units have entry with built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter space complete with a

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Noble Dr Unit 7039385, Mankato, MN 56003
  • /8

    $313,632

    • Land
    • 15,681 Sq Ft
    • $871,200 per Acre

    0 Dublin Rd Unit 267040724, Mankato, MN 56001

    Prime Office Development Opportunity – Two exceptional 0.36-acre commercial sites are now available along the highly traveled Victory Drive corridor, offering outstanding visibility and convenient access in one of Mankato's premier business districts. Zoned OR (Office Residential), these shovel-ready parcels are ideally suited for the development of two separate 3,000-square-foot professional

    Carlos Carrera RE/MAX DYNAMIC AGENTS

    0 Dublin Rd Unit 267040724, 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
  • /9

    $599,000

    • 6 Beds
    • 6 Baths
    • 3,820 Sq Ft

    E E Walnut St, Mankato, MN 56001

    Fully leased six-unit investment property in downtown Mankato. Building features a newer roof, energy-efficient windows, baseboard heat, separate electrical meters, & secure common entrance.

    Shawna Wolfe Keller Williams Premier Realty

    E E Walnut St, Mankato, MN 56001

Home Price Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$310,000
Median Townhouse Sale Price
$295,000
Median 2 Bedroom Sale Price
$260,000
Median 1 Bedroom Sale Price
$198,000
Average Price Per Sq Ft
$153
Number of Homes for Sale
33
Last 12 months Home Sales
562
Months of Supply
3.00
Median List Price
$314,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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