2005 7th Ave Mankato, MN 56001
The Prairie NeighborhoodEstimated payment $1,245/month
About This Home
Investment opportunity in Mankato! This duplex offers strong income potential and endless possibilities for the right buyer. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or renovate and increase value, this property is full of opportunity. Each unit provides functional living space with the chance to add your own updates and improvements. Conveniently located in Mankato near shopping, dining, parks, and schools, this property is a great chance to build equity and generate rental income. Don’t miss out on this versatile investment property with tons of potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,882
Year Built
- Built in 1881
Parking
- 2 Car Garage
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 50x140
- Forced Air Heating System
Community Details
- 2 Units
- Columbia Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number R010906328003
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 | $2,882 | $199,000 | $22,100 | $176,900 |
| 2025 | $2,882 | $195,500 | $22,100 | $173,400 |
| 2024 | $2,424 | $174,600 | $22,100 | $152,500 |
| 2023 | $2,258 | $190,700 | $22,100 | $168,600 |
| 2022 | $1,812 | $158,000 | $17,200 | $140,800 |
| 2021 | $1,744 | $116,600 | $17,200 | $99,400 |
| 2020 | $1,662 | $106,500 | $17,200 | $89,300 |
| 2019 | $1,728 | $106,500 | $17,200 | $89,300 |
| 2018 | $1,534 | $110,400 | $17,200 | $93,200 |
| 2017 | $1,310 | $98,600 | $14,700 | $83,900 |
| 2016 | $1,334 | $87,400 | $14,700 | $72,700 |
| 2015 | $13 | $89,200 | $14,700 | $74,500 |
| 2014 | $1,434 | $89,400 | $14,700 | $74,700 |
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 |
|---|---|---|---|---|---|
| 06/24/2026 06/24/26 | Price Changed | $182,500 | -8.7% | $106 / Sq Ft | |
| 05/21/2026 05/21/26 | For Sale | $199,800 | +65.1% | $117 / Sq Ft | |
| 08/30/2019 08/30/19 | Sold | $121,000 | -6.9% | $137 / Sq Ft | View Prior Sale |
| 07/31/2019 07/31/19 | Pending | -- | -- | -- | |
| 07/12/2019 07/12/19 | Price Changed | $129,900 | -3.7% | $147 / Sq Ft | |
| 06/25/2019 06/25/19 | Price Changed | $134,900 | -3.6% | $153 / Sq Ft | |
| 06/11/2019 06/11/19 | Price Changed | $139,900 | -3.5% | $158 / Sq Ft | |
| 06/06/2019 06/06/19 | Price Changed | $144,900 | -3.3% | $164 / Sq Ft | |
| 05/22/2019 05/22/19 | For Sale | $149,900 | -- | $170 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $121,000 | St Andrews Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $23,159 | New Conventional | |
| Closed | $23,500 | New Conventional | |
| Open | $123,500 | New Conventional | |
| Closed | $123,500 | New Conventional | |
| Previous Owner | $214,000 | New Conventional | |
| Previous Owner | $87,200 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $53,548 | New Conventional |
Source: NorthstarMLS
MLS Number: 7078669
APN: R01-09-06-328-003
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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