NOT LISTED FOR SALE

122 S 5th St Mankato, MN 56001

Five Corners Neighborhood

Estimated Value: $222,000 - $259,000

5 Beds
4 Baths
1,078 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2024

Last sale price $226,600 $210 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,546 / mo

10 Days on Market

Highlights

  • Hot Water Heating System
  • Washington Elementary School Rated 9+
  • 4-minute walk to Washington Park

About This Home

As of November 2024

Triplex with great cash flow. Recently "spruced up" after recent tenants vacated. There is a 3 bedroom/2 bath unit on the main and lower level as well as two, 1 bedroom/1 bath units on the upper level. Electric is separately metered and paid by tenants with owner paying water/sewer and gas. The 2 upper level units are currently rented for $800 a piece while the main level unit is currently available and will be rented for $1,300.The 2 current leases run through August 30,2025.

Last Agent to Sell the Property

Kenneth Lundberg

RE/MAX DYNAMIC AGENTS ST. PETER Listed on: 09/23/2024

RE/MAX DYNAMIC AGENTS ST. PETER

Last Buyer's Agent

Trae Hobson

Massad Real Estate License #40919631

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1914

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 46 x 79

Parking

  • Driveway

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,078 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Basement Window Egress

Location

  • Upper Level

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric
  • The owner pays for fuel, water/sewer
  • Assessor Parcel Number R01.09.18.204.019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,440

Year Built

Built in 1914

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1056
  • L V T Date: 09/23/2024
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.18.204.019
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2134
  • Total Fin Square Footage: 1078
  • Total Square Footage: 3212
  • Below Grade Finished Sq Ft: 800

Exterior Features

  • Frontage Road: Curb/Gutters, City, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Number Off Street Parking: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 46 X 79

Rental Info

  • Owner Expense: Fuel, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric
  • Type of Tenancy: One Year Lease

Building Info

  • Year Built: 1914

Tax Info

  • Year: 2024
  • Tax Value: 3439.88

MLS Schools

  • School District: Mankato #77
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Prior Sale
11/18/2024 11/18/24 Sold $226,600 -1.0% $210 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $229,000 +33.1% $212 / Sq Ft
11/26/2014 11/26/14 Sold $172,000 -0.3% $59 / Sq Ft View Prior Sale
10/29/2014 10/29/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $172,500 -- $59 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Agents Affiliated with this Home

  • Kenneth Lundberg

    Seller's Agent in 2024

    Kenneth Lundberg

    RE/MAX

    (507) 351-6537

    1 in this area

    204 Total Sales

    Kenneth Lundberg
    Section Image

  • T

    Buyer's Agent in 2024

    Trae Hobson

    Massad Real Estate

    (507) 327-0337

    2 in this area

    12 Total Sales

    Trae Hobson
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035991

REALTOR® Association of Southern Minnesota

APN: R01-09-18-204-019

Minnesota Blue Earth County Mankato 56001 Five Corners

122 S 5th St, Mankato, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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