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Riverfront Park Homes for Sale

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  • /16

    $144,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,056 Sq Ft

    118 E Spring St, Mankato, MN 56001

    Why rent when you can own? This affordable home offers the perfect opportunity to start building equity instead of paying rent. Offered for sale for the first time ever, this home has been lovingly cared for by the same family for generations. The current owner has already invested in the major updates, giving you peace of mind for years to come. Improvements include maintenance-free siding, a

    Kelly Miller REALTY EXECUTIVES ASSOCIATES

    118 E Spring St, 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

Why Live in Riverfront Park

Riverfront Park in Mankato is a vibrant neighborhood nestled along the Minnesota River, known for its blend of outdoor recreation and its bustling shopping and dining district. This walkable community spans 16 blocks and features a mix of Arts and Crafts, Foursquares, and bungalows. Most homes lack garages, but offer ample street parking. The neighborhood's namesake park provides waterfront views, a canoe launch, a playground and trails, including a connection to the North Minnesota River Trail. The Vetter Stone Amphitheater in the park hosts live music from June to September. North Riverfront Drive is lined with storefronts and restaurants, many in vintage buildings with decorative awnings, creating an old Americana feel. Popular spots include The Dork Den for board games, Coffee Hag for espresso and vegetarian fare, and Mom and Pop's for a wide variety of ice cream flavors. The Mankato Public School District serves the area, with highly rated Franklin Elementary, Prairie Winds Middle and Mankato East Senior High. Bethany Lutheran College is also within walking distance. The neighborhood is highly bikeable, with bike lanes and scenic routes along the river. Public transportation is available through the Mankato Transit System, with several bus stops nearby. Mankato Regional Airport is 7 miles away and Minneapolis-St. Paul is about 70 miles away.

Riverfront Park Home Prices vs. Nearby Mankato, MN Neighborhoods

Riverfront Park Sibley Park Five Corners The Prairie
Median Home Price
$185,450
$199,900
$227,000
$199,900
Median Sale Price
$198,900
-4% YoY
$207,000
-3% YoY
$240,000
+182% YoY
$182,450
-26% YoY
Median Single Family Price
$198,900
$207,000
$199,900
$185,000
Total Active Listings
2 listings
3 listings
1 listings
5 listings
Market Conditions
2 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
12 Months of Supply
Buyer's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Riverfront Park a good place to live?
Riverfront Park is a good place to live. Riverfront Park is considered somewhat walkable and very bikeable with some transit options. Riverfront Park is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Riverfront Park has 4 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 31. The average household income is $51,004 which is below the national average. College graduates make up 17.7% of residents. A majority of residents in Riverfront Park are renters, with 68% of residents renting and 32% of residents owning their home. A local real estate agent serving Riverfront Park can help you decide if this neighborhood is the right one for you. Learn more on our Riverfront Park neighborhood guide.
Is Riverfront Park, MN a safe neighborhood?
Riverfront Park, MN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Riverfront Park?
The median home price in Riverfront Park is $185,450. If you put a 20% down payment of $37,100 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $950 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $41K a year to afford the median home price in Riverfront Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Riverfront Park is $51K.
What are the best public schools in Riverfront Park?
The best public schools that serve Riverfront Park are:
What are the best private schools in Riverfront Park?
The best private schools that serve Riverfront Park are:
What are the most popular zip codes in Riverfront Park, Mankato, MN?
The most popular zip codes in Riverfront Park, Mankato, MN include 56001, 56003, 56024, 56082 and 56050.
What are the most popular neighborhoods near Riverfront Park, Mankato, MN?
The most popular neighborhoods near Riverfront Park, Mankato, MN are Washington Park, Tourtellotte Park, The Prairie, Alexander Park and Franklin Rogers Park.
Are home prices dropping in Riverfront Park?
Yes, home prices in Riverfront Park are down 10% in the last 12 months.
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