118 E Spring St Mankato, MN 56001
Riverfront Park NeighborhoodEstimated payment $907/month
Highlights
- Wood Flooring
- Formal Dining Room
- Forced Air Heating and Cooling System
- Franklin Elementary School Rated A
- Bathroom on Main Level
- Water Softener is Owned
About This Home
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 newer roof, Renewal by Andersen® windows, newer flooring, new furnace, new central air, newer appliances, and more! Just needs your cosmetic touches! Enjoy a bright living room filled with natural light, a formal dining room, and a spacious kitchen. The home was originally designed with main-floor laundry, making it easy to relocate the washer and dryer if desired. Upstairs, the story-and-a-half layout features a comfortable primary bedroom plus a second walk-through bedroom—ideal for a nursery, home office, walk-in closet, or guest space. The basement offers laundry, abundant storage, and a stand-alone shower. Outside, you'll find two storage sheds, providing plenty of space for lawn equipment, tools, and seasonal storage. Small in size but big on value, this well-maintained home combines generations of pride in ownership with thoughtful updates, making it an excellent opportunity for first-time buyers or anyone looking for an affordable place to call home. Long driveway for off-street parking. In close proximity to downtown Mankato.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,072
Year Built
- Built in 1896
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 33 x 66
Parking
- Driveway
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 1,056 Sq Ft Home
- Ceiling Fan
- Formal Dining Room
- Wood Flooring
Kitchen
- Range
- Recirculated Exhaust Fan
- Microwave
- Freezer
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Stone Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number R01.09.07.406.022
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,228 | $149,900 | $11,500 | $138,400 |
| 2025 | $1,228 | $131,300 | $11,500 | $119,800 |
| 2024 | $1,072 | $123,900 | $11,500 | $112,400 |
| 2023 | $920 | $108,900 | $11,500 | $97,400 |
| 2022 | $790 | $101,200 | $11,500 | $89,700 |
| 2021 | $758 | $86,300 | $11,500 | $74,800 |
| 2020 | $706 | $79,400 | $11,500 | $67,900 |
| 2019 | $774 | $79,400 | $11,500 | $67,900 |
| 2018 | $744 | $84,200 | $11,500 | $72,700 |
| 2017 | $638 | $82,100 | $11,500 | $70,600 |
| 2016 | $586 | $77,300 | $11,500 | $65,800 |
| 2015 | $6 | $72,400 | $11,500 | $60,900 |
| 2014 | $1,450 | $69,600 | $11,500 | $58,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2026 08/21/26 | Price Changed | $144,900 | -3.3% | $137 / Sq Ft |
| 07/23/2026 07/23/26 | For Sale | $149,900 | -- | $142 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
MLS Number: 267041004
APN: R01-09-07-406-022
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