NOT LISTED FOR SALE
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

4,356 Sq Ft Lot

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
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • 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

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
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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 List to Sale Price per Sq Ft
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

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 $5,508 $412,400 $19,500 $392,900
2024 $5,508 $397,700 $19,500 $378,200
2023 $5,304 $403,300 $19,500 $383,800
2022 $5,004 $371,900 $19,500 $352,400
2021 $4,570 $323,400 $19,500 $303,900
2020 $4,558 $293,100 $19,500 $273,600
2019 $3,862 $293,100 $19,500 $273,600
2018 $4,428 $247,500 $19,500 $228,000
2017 $4,770 $286,300 $43,800 $242,500
2016 $4,762 $267,800 $43,800 $224,000
2015 $48 $267,800 $43,800 $224,000
2014 $5,290 $271,000 $43,800 $227,200
Source: Public Records

Agents Affiliated with this Home

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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

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