$229,000
$10K PRICE DROP

Estimated payment $1,450/month

Total Views 5,162
5 Beds
2 Baths
1,656 Sq Ft
$138 Price per Sq Ft

About This Home

Up and down duplex. Two stoves, two refrigerators, 2 microwaves, two storage sheds. Shingles were new in the last three years. Siding and back steps as well as windows in 2007. New 100 amp service. Upstairs was leased for $875 but is currently vacant. Owner pays gas, electric and water/sewer/garbage. Main floor tenant mows the lawn and shovels the snow. Tenant on main floor has use of 2 off street parking stalls. If more than 6 inch snowfall, owner is responsible to clear snow. Good rental history. City of Mankato rental license. Photos of main floor were taken prior to tenants moving in approx. 4-5 yars ago. 24 Hour notice for showings of main floor unit. N

Listing Agent

Dick Norland

MIDWEST REALTY License #00254762 Listed on: 09/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1921

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 48x75

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electric, fuel, water/sewer
  • Assessor Parcel Number R01-09-08-104-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,990

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1056
  • L V T Date: 09/10/2025
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01-09-08-104-017
  • Rental License: Yes
  • Stories: 2 Story
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1656
  • Total Square Footage: 1656
  • Below Grade Finished Sq Ft: 150

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Number Off Street Parking: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 48x75

Rental Info

  • Owner Expense: Electric, Fuel, Water/Sewer
  • Tenant Expense: Lawn

Building Info

  • Year Built: 1921

Tax Info

  • Year: 2025
  • Tax Value: 2990

MLS Schools

  • School District: Mankato #77

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $3,010 $207,800 $20,200 $187,600
2024 $3,010 $217,300 $20,200 $197,100
2023 $2,998 $224,100 $20,200 $203,900
2022 $2,508 $210,200 $20,200 $190,000
2021 $2,590 $161,900 $20,200 $141,700
2020 $2,484 $159,700 $20,200 $139,500
2019 $2,402 $159,700 $20,200 $139,500
2018 $2,126 $154,100 $20,200 $133,900
2017 $1,938 $137,300 $20,200 $117,100
2016 $1,532 $130,000 $20,200 $109,800
2015 $15 $125,200 $20,200 $105,000
2014 $1,578 $359,400 $60,600 $298,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Price Changed $229,000 -4.2% $138 / Sq Ft
09/10/2025 09/10/25 For Sale $239,000 -- $144 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Source: Public Records

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7038540

REALTOR® Association of Southern Minnesota

APN: R01-09-08-104-017