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Explore Similar Apartments Within 2 Miles of The Prairie, MN

  • /19

    $185,000

    • 1 Bed
    • 1 Bath
    • 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 REAL ESTATE

    326 E Vine 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
  • /18

    $414,900

    • 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

    $350,000

    • 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
  • /19

    $410,000

    • 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

Why Live in The Prairie

The Prairie neighborhood in Mankato is a triangular area bordered by the Minnesota River, U.S. Route 14, and North River Front Drive, offering a blend of suburban-rural charm with downtown proximity. The community features spacious lawns, quiet streets, and a mix of industrial, commercial, and residential buildings. Homes in The Prairie include red brick colonials, ranch-style homes, new traditional houses, and cottages, typically situated on larger properties than those found downtown. The neighborhood is served by the highly rated Franklin Elementary School, Prairie Winds Middle School, and Mankato East High School. Residents enjoy local attractions such as River Front Park, which offers views of the Minnesota River, a canoe launch, playgrounds, hiking trails, and the Vetter Stone Amphitheater, known for its summer live music performances and events like RibFest. Columbia Park provides a smaller community space with playground equipment and picnic tables. The Mankato Makerspace, located centrally, offers adult education classes in various crafts. Dining options include Pappageorge Restaurant & Bar and Mom and Pop’s ice cream shop, while Lakota Made LLC and Hy-Vee Grocery Store cater to shopping needs. Though public transportation is limited, the Mankato Transit System has bus stops nearby, and the Minnesota River Trail offers a scenic route for cyclists. The Mankato Regional Airport is 6.5 miles away, with more extensive flight options available in Minneapolis-St. Paul, 78 miles from the neighborhood.

Home Trends in The Prairie, MN

Housing Trends

Median Sale Price
$415,000
Median Single Family Sale Price
$2,000,000
Median 2 Bedroom Sale Price
$415,000
Average Price Per Sq Ft
$383
Number of Homes for Sale
2
Last 12 months Home Sales
5
Months of Supply
4.80
Median List Price
$595,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-30%
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