NOT LISTED FOR SALE

216 E Spring St Mankato, MN 56001

Riverfront Park Neighborhood
8 Beds
8 Baths
4,786 Sq Ft
4,356 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $372,000 $78 Per Sq Ft

16 Days on Market

Highlights

  • Detached Garage
  • Franklin Elementary School Rated A
  • Coin Laundry

About This Home

As of May 2023

Well maintained 7 plex in central Mankato, excellent rental history and very low vacancy factor. Current rents $4155/mo. Hot water heat, tenants pay own gas and electric. Coin operated washer and dryer. Garage used by owner.

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 03/22/2023

Last Buyer's Agent

ZAC MURRA

AMERICAN WAY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 87.50

Parking

  • Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 4,786 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Boiler Heating System
  • Gas Water Heater

Community Details

  • 7 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, water/sewer
  • Assessor Parcel Number r01.09.07.410.019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,304

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Style: Apartment Building (L)
  • Construction: Previously Owned
  • Foundation Size: 2086
  • L V T Date: 06/05/2023
  • Mechanicals: Water Heater - Gas
  • Parcel Number: r01.09.07.410.019
  • Price Per Square Foot: 59.31
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 5304
  • Estimated Number of Acres: 0.1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 8
  • Basement Features: Partially Finished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 4186
  • Total Fin Square Footage: 4786
  • Total Square Footage: 6272
  • Below Grade Finished Sq Ft: 600

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached

Utilities

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

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 50 x 87.50

Rental Info

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

Building Info

  • Year Built: 1924

Tax Info

  • Year: 2023
  • Tax Value: 5304

MLS Schools

  • School District: Mankato #77

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $372,000 -7.0% $78 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $400,000 -- $84 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karla Van Eman

    Seller's Agent in 2023

    Karla Van Eman

    AMERICAN WAY REALTY

    (507) 388-2660

    2 in this area

    308 Total Sales

    Karla Van Eman
    Section Image
  • ZAC MURRA

    Buyer's Agent in 2023

    ZAC MURRA

    AMERICAN WAY REALTY

    (507) 381-4543

    3 in this area

    149 Total Sales

    ZAC MURRA
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032511

REALTOR® Association of Southern Minnesota

APN: R01.09.07.410.019

Minnesota Blue Earth County Mankato 56001 Riverfront Park

216 E Spring St, Mankato, MN

This home is located at 216 E Spring St, Mankato, MN 56001 since 22 March 2023. This property was built in 1924. 216 E Spring St is a home located in Blue Earth County with nearby schools including Franklin Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

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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