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Explore Similar Apartments Within 2 Miles of University Park, MN

  • /48

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,779 Sq Ft

    720 N 2nd St, Mankato, MN 56001

    Updated duplex in a convenient downtown Mankato location! The main floor unit offers 1BR/1BA with a porch/office space and newer flooring, leased at $875/month through next summer. The upper unit features 2BR/1BA with an eat-in kitchen and fresh updates, previously rented at $975/month and currently vacant—perfect for a new tenant or owner-occupant. Each unit has private in-unit laundry, plus a

    Angie VanEman Lynch AMERICAN WAY REALTY

    720 N 2nd St, Mankato, MN 56001
  • /25

    $279,000

    • 4 Beds
    • 3 Baths
    • 2,152 Sq Ft

    1219 E Main St, Mankato, MN 56001

    Centrally located rental property on Hilltop Mankato with a 5 un-related license. Just blocks from Bethany, Mankato Clinic/Mayo and just a few miles to MSU. This home has 4 bedroom, 3 baths, and a detached garage with plenty of off-street parking. Currently rented through July 2026, this property has been well maintained. Lower level was completely renovated, and the entire lower level of

    Kellie Krumwiede Connect Real Estate Group

    1219 E Main St, Mankato, MN 56001
  • /19

    $179,900

    • 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
  • /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

Why Live in University Park

University Park in Mankato is a diverse neighborhood with various housing options, including rental cottages in College Town for undergraduates, apartments in Rosa Place, and mobile homes in the University Park Mobile Home Community. Single-family homes, built mainly in the early to mid-2000s, feature ranch-style and Craftsman architecture. The neighborhood is home to several parks, such as the Community Athletic Fields, which offer baseball diamonds, softball fields, and a paved trail, and Lion’s Park, ideal for playground visits and fishing. Minneopa State Park, less than 10 miles away, provides hiking trails and opportunities to observe bison in their natural habitat. University Park is conveniently located half a mile from the MSU campus, where residents can enjoy dining options like Shawarmania Mediterranean Grill and Weggy’s on Campus. For grocery shopping, Aldi and Walmart are about 3 miles away. The area is primarily car-dependent, with major employers like Mayo Clinic Health Systems and Old Town Mankato less than 3 miles away. Traffic can increase during the fall and spring semesters due to the influx of students. The neighborhood is served by Mankato Area Public Schools, with highly rated institutions such as Prairie Winds Middle and Mankato East High, which boasts a 93% graduation rate and various after-school activities. MSU, located nearby, enrolls around 14,000 students annually and offers the state's only four-year aviation program.

Home Trends in University Park, MN

Housing Trends

Median Sale Price
$240,000
Median Single Family Sale Price
$240,000
Median Townhouse Sale Price
$319,900
Average Price Per Sq Ft
$152
Number of Homes for Sale
3
Last 12 months Home Sales
9
Months of Supply
4.00
Median List Price
$284,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-31%
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