18

Mankato, MN Multifamily Homes & Duplexes for Sale

Section Image
  • /20

    $185,000

    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft

    326 E Vine St, Mankato, MN 56001

    Charming brick home with Owner Occupied rental license in place. As you enter the main floor, you will step into the porch, living room and bedroom have natural wood floors, French doors, large walk-in closet in bedroom. Newer cabinetry and sink in the kitchen, and mud room. Entry to upstairs 1 bedroom apartment is the outside stair with deck. There is a large living room, bedroom, kitchen with

    Marilyn Barnes Landmark Realtors, LLC

    326 E Vine St, Mankato, MN 56001
  • /49

    $309,900

    • 2 Beds
    • 1 Bath
    • 2,184 Sq Ft

    416 State St, Mankato, MN 56001

    Charming 4-Bedroom Home with Duplex License – Full of Character and Versatility! Step into timeless charm with this spacious 4-bedroom, 2-bath home built in 1908, thoughtfully maintained and licensed as a duplex. Whether you're looking for an investment opportunity or a unique single-family home with flexible living space, this property is packed with potential. Inside, you’ll find large,

    PAMELA DAVEY REALTY EXECUTIVES ASSOCIATES

    416 State St, Mankato, MN 56001
  • /26

    $167,000

    • 4 Beds
    • 1 Bath
    • 1,107 Sq Ft

    602 Park Ln, Mankato, MN 56001

    Nicely updated and renovated home near Sibley Park in Mankato. This home is situated on a corner lot. It's got a convenient enclosed front entry and main floor laundry. Exterior updates are new windows, siding, roof and a concrete driveway. Interior offers a remodeled kitchen and bathroom. The eat-in kitchen has oak cabinets, newer appliances and a dishwasher. The bathroom renovation includes a

    Kevin Goettl RE/MAX Results

    602 Park Ln, Mankato, MN 56001
  • /8

    $600,000

    • 12 Beds
    • 8 Baths
    • 5,884 Sq Ft

    822 Beaver Ave Unit 126 & 138 Hemlock Ro, Mankato, MN 56001

    Unique investment opportunity, selling 6 rental homes- two are duplexes, so 8 units plus $50/month for garage with 838 Beaver. 5 units on one parcel, 1 unit on additional parcel, selling all together. 2 wells- one for the 2 properties on Hemlock and the second well for the 4 houses on Beaver Ave. Complaint septic's on 4 houses on Beaver Ave. Sellers will install new septic systems for the 2

    Karla Van Eman AMERICAN WAY REALTY

    822 Beaver Ave Unit 126 & 138 Hemlock Ro, Mankato, MN 56001
  • /33

    $179,900

    • 4 Beds
    • 2 Baths
    • 1,866 Sq Ft

    1531 N 2nd St, Mankato, MN 56001

    Duplex Near Tourtellotte Park – Investment Opportunity! This duplex offers two units, each featuring 2 bedrooms and 1 bathroom. Situated just steps from scenic Tourtellotte Park, it's perfect for investors or owner-occupants alike. Both units are currently rented on a month-to-month basis, allowing the new owner the opportunity to adjust rents to market rate. Owner covers water, garbage, and gas.

    Karla Van Eman AMERICAN WAY REALTY

    1531 N 2nd St, Mankato, MN 56001
  • /33

    $229,900

    • 2 Beds
    • 2 Baths

    1509 N 5th St, Mankato, MN 56001

    Here it is! Mankato's North end near Tourtellotte Park is where you will find this wonderful duplex. It could be well suited for an investor or it could be a really nice owner occupied property with rental income to offset the mortgage payments. Some great features, in addition to the location are: 2.5 stall garage. Big, private back yard. Newer steel siding and replacement windows. New shingles

    Jeff Kaul CENTURY 21 ATWOOD

    1509 N 5th St, Mankato, MN 56001
  • /18

    $419,900

    • 4 Beds
    • 4 Baths
    • 2,970 Sq Ft

    722 S Broad St, Mankato, MN 56001

    Beautifully maintained, turnkey fourplex fully rented with strong upside potential in a prime quiet neighborhood. This classic building features spacious units with original woodwork, coffered ceilings and abundant natural light blending vintage charm with modern comfort. All units are currently rented, making this an excellent opportunity for immediate cash flow. Additional upside available

    Carlos Carrera RE/MAX DYNAMIC AGENTS

    722 S Broad St, Mankato, MN 56001
  • /50

    $369,900

    • 7 Beds
    • 3 Baths
    • 3,712 Sq Ft

    217 Center St, Mankato, MN 56001

    Check out this exceptional owner-occupied triplex with current rental license on units 2 & 3! This beauty sits in the heart of Mankato, and is meticulous! The sellers have done extensive remodeling and improvements since they purchased, and it is one of the nicest income producing properties offered! Just to name a few updates/upgrades: granite countertops, subway tile, stainless appliances,

    Michelle Starkey TRUE REAL ESTATE

    217 Center St, Mankato, MN 56001
  • /23

    $1,295,000

    • 12 Beds
    • 8 Baths
    • 2,400 Sq Ft

    412 Holly Ln, Mankato, MN 56001

    Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater.

    Dan Robinson True Real Estate

    412 Holly Ln, Mankato, MN 56001
  • /23

    $1,295,000

    • 12 Beds
    • 8 Baths
    • 2,400 Sq Ft

    412 Holly Ln, Mankato, MN 56001

    Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater.

    Dan Robinson True Commercial, LLC

    412 Holly Ln, Mankato, MN 56001
  • /24

    $575,000

    • 6 Beds
    • 6 Baths
    • 3,600 Sq Ft

    3112 Scotch Ln, Mankato, MN 56001

    Estimated Completion Date, July 30. Luxury New Construction Twin Home with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom and large walk in closet. Now available for immediate possession! Luxury Twin Homes with open plan providing a foyer, great

    Rebecca Thate Re/Max Advantage Plus Mankato

    3112 Scotch Ln, Mankato, MN 56001
  • /40

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,582 Sq Ft

    1733 Bassett Dr, Mankato, MN 56001

    Wonderful twinhome conveniently located in hilltop Mankato! Features 3 bedrooms and 2 full baths with a full basement that's partially finished for future expansion. Large living room with a gas fireplace, main floor laundry, private primary suite with double sinks, separate tub and shower and a walk-in closet. Enjoy the spacious kitchen with a breakfast bar and dining room area with a patio door

    Lynnea Wetzel RE/MAX Advantage Plus

    1733 Bassett Dr, Mankato, MN 56001
  • /19

    $425,000

    • 6 Beds
    • 4 Baths
    • 3,217 Sq Ft

    217 E Spring St, Mankato, MN 56001

    This exceptional 4-plex located in the heart of Central Mankato offers a fantastic investment opportunity with extensive upgrades and an outstanding rental history. With long-term tenants and leases in place through the fall of 2025, this property is a turn-key asset for any investor. Key features include but not limited to: updated electrical, plumbing, vinyl windows, newer furnace,

    Shawna Wolfe Keller Williams Premier Realty

    217 E Spring St, Mankato, MN 56001
  • /19

    $350,000

    • 10 Beds
    • 6 Baths
    • 4,496 Sq Ft

    709 S 2nd St, Mankato, MN 56001

    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

    Carlos Carrera RE/MAX DYNAMIC AGENTS

    709 S 2nd St, Mankato, MN 56001
  • /19

    $299,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3120 Scotch Ln, Mankato, MN 56001

    READY FOR October 31 Possession. Luxury New Construction Twin Home with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom and large walk in closet. Now available for immediate possession! Luxury Twin Homes with open plan providing a foyer, great

    Rebecca Thate RE/MAX Advantage Plus

    3120 Scotch Ln, Mankato, MN 56001
  • /26

    $303,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3203 Scotch Ln, Mankato, MN 56001

    READY FOR October 1 Possession. Located on an interior lot, this Luxury New Construction Twin Home with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary withen-suite bathroom and large walk in closet. Now available for immediate possession! Luxury Twin Homes with open

    Rebecca Thate RE/MAX Advantage Plus

    3203 Scotch Ln, Mankato, MN 56001
  • /29

    $299,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3108 Scotch Ln, Mankato, MN 56001

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    3108 Scotch Ln, Mankato, MN 56001
  • /32

    $299,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3104 Scotch Ln, Mankato, MN 56001

    Now available for immediate possession! Luxury Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainless appliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The hardscape, seeded lawn, and all appliances are included. The garage is insulated and drywalled. Very efficient and low maintenance

    Rebecca Thate RE/MAX Advantage Plus

    3104 Scotch Ln, Mankato, MN 56001

Why Live in Mankato

Mankato, at the confluence of the Minnesota and Blue Earth rivers, is a Minnesota city with small-town charm and a history that extends to the 18th century. Its name is derived from a Native American word meaning "greenish-blue earth,'' and its first European visitors trekked through in the 1700s looking for a passage to Asia. With a population of 44,000, this city has a suburban vibe, even downtown, with a main street lined with local shops and restaurants housed in early 1900s red brick buildings. Its strong education system consists of highl ...

Home Trends in Mankato, MN

Housing Trends

Median Sale Price
$310,000
Median Single Family Sale Price
$319,900
Median Townhouse Sale Price
$297,625
Median 2 Bedroom Sale Price
$205,400
Average Price Per Sq Ft
$155
Number of Homes for Sale
154
Last 12 months Home Sales
601
Months of Supply
3.10
Median List Price
$320,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home