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Mankato, MN Multifamily Homes & Duplexes for Sale

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  • /8

    $600,000

    • 12 Beds
    • 8 Baths
    • 5,884 Sq Ft

    822 Beaver Ave Unit 126 & 138 Hemlock Ro, Mankato, MN 56001

    Unique investment opportunity, selling 6 rental homes- two are duplexes, so 8 units plus $50/month for garage with 838 Beaver. 5 units on one parcel, 1 unit on additional parcel, selling all together. 2 wells- one for the 2 properties on Hemlock and the second well for the 4 houses on Beaver Ave. Complaint septic's on 4 houses on Beaver Ave. Sellers will install new septic systems for the 2

    Karla Van Eman AMERICAN WAY REALTY

    822 Beaver Ave Unit 126 & 138 Hemlock Ro, Mankato, MN 56001
  • /34

    $199,900

    • 4 Beds
    • 2 Baths
    • 1,866 Sq Ft

    1531 N 2nd St, Mankato, MN 56001

    Duplex Near Tourtellotte Park – Investment Opportunity! This duplex offers two units, each featuring 2 bedrooms and 1 bathroom. Situated just steps from scenic Tourtellotte Park, it's perfect for investors or owner-occupants alike. Both units are currently rented on a month-to-month basis, allowing the new owner the opportunity to adjust rents to market rate. Owner covers water, garbage, and gas.

    Karla Van Eman AMERICAN WAY REALTY

    1531 N 2nd St, Mankato, MN 56001
  • /33

    $229,900

    • 2 Beds
    • 2 Baths

    1509 N 5th St, Mankato, MN 56001

    Here it is! Mankato's North end near Tourtellotte Park is where you will find this wonderful duplex. It could be well suited for an investor or it could be a really nice owner occupied property with rental income to offset the mortgage payments. Some great features, in addition to the location are: 2.5 stall garage. Big, private back yard. Newer steel siding and replacement windows. New shingles

    Jeff Kaul CENTURY 21 ATWOOD

    1509 N 5th St, Mankato, MN 56001
  • /18

    $429,900

    • 4 Beds
    • 4 Baths
    • 2,970 Sq Ft

    722 S Broad St, Mankato, MN 56001

    Beautifully maintained, turnkey fourplex fully rented with strong upside potential in a prime quiet neighborhood. This classic building features spacious units with original woodwork, coffered ceilings and abundant natural light blending vintage charm with modern comfort. All units are currently rented, making this an excellent opportunity for immediate cash flow. Additional upside available

    Carlos Carrera RE/MAX DYNAMIC AGENTS

    722 S Broad St, Mankato, MN 56001
  • /23

    $1,295,000

    • 12 Beds
    • 8 Baths
    • 2,400 Sq Ft

    412 Holly Ln, Mankato, MN 56001

    Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater.

    Dan Robinson True Real Estate

    412 Holly Ln, Mankato, MN 56001
  • /23

    $1,295,000

    • 12 Beds
    • 8 Baths
    • 2,400 Sq Ft

    412 Holly Ln, Mankato, MN 56001

    Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater.

    Dan Robinson True Commercial, LLC

    412 Holly Ln, Mankato, MN 56001
  • /22

    $575,000

    • 6 Beds
    • 6 Baths
    • 3,600 Sq Ft

    3112 Scotch Ln, Mankato, MN 56001

    Brand New Side by Side Duplex in desirable Mankato Hilltop. Each unit offers 1800 finished SF. Providing in-demand amenities, such as insulated garages, open floor plan, large pantry and storage areas, center island, stainless appliances, quartz tops, patio, 3 bedrooms on same level. Primary bedroom with en-suite bath and walk in closet. Finished in quality, popular yet timeless colors and

    Rebecca Thate Re/Max Advantage Plus Mankato

    3112 Scotch Ln, Mankato, MN 56001
  • /11

    $495,000

    • 4 Beds
    • 3 Baths
    • 4,126 Sq Ft

    321 Warren St, Mankato, MN 56001

    Great Investment Opportunity – Two Triplexes on One Parcel!Welcome to this prime multifamily investment featuring 2 triplexes on a single parcel. This 6-unit property offers strong, consistent cash flow from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a reliable income-producing asset, this is an opportunity you don’t want to

    TJ Stang Financially Free, LLC

    321 Warren St, Mankato, MN 56001
  • /40

    $410,000

    • 8 Beds
    • 3 Baths
    • 2,576 Sq Ft

    210 Hawley St S, Mankato, MN 56001

    Looking for a fantastic rental property? This spacious triplex offers three well-maintained units, each with unique features that make them highly desirable for tenants. •Upper Unit: A 4-bedroom space with a private deck, perfect for enjoying fresh air and outdoor relaxation. •Middle Unit: A 2-bedroom unit featuring generously sized rooms, offering comfortable living for tenants. •Lower Unit: A

    Candee Deichman CENTURY 21 ATWOOD

    210 Hawley St S, Mankato, MN 56001
  • /38

    $299,900

    • 3 Beds
    • 2 Baths
    • 1,582 Sq Ft

    1733 Bassett Dr, Mankato, MN 56001

    Wonderful twinhome conveniently located in hilltop Mankato! Features 3 bedrooms and 2 full baths with a full basement that's partially finished for future expansion. Large living room with a gas fireplace, main floor laundry, private primary suite with double sinks, separate tub and shower and a walk-in closet. Enjoy the spacious kitchen with a breakfast bar and dining room area with a patio door

    Lynnea Wetzel RE/MAX Advantage Plus

    1733 Bassett Dr, Mankato, MN 56001
  • /32

    $245,000

    • 6 Beds
    • 2 Baths
    • 1,120 Sq Ft

    612 Marsh St, Mankato, MN 56001

    Duplex located in central Mankato, just down the hill from Bethany College. Upper level has 3 bedrooms and full bath. Stairs connecting to lower unit, which also has 3 bedroom and bath. Laundry located in lower level off the utility room. One stall attached garage with off street parking next to alley. This is a licensed duplex but currently rented as whole house for $1925 + pet rent & tenants

    Kellie Krumwiede Connect Real Estate Group

    612 Marsh St, Mankato, MN 56001
  • /19

    $425,000

    • 10 Beds
    • 6 Baths
    • 4,496 Sq Ft

    709 S 2nd St, Mankato, MN 56001

    Welcome to your next investment opportunity in the heart of a bustling city! This six-unit complex, primely situated near downtown, schools, and the Mankato State University, presents an enticing prospect for savvy investors seeking substantial returns. Although in need of complete rehabilitation, this property holds immense potential for lucrative returns once the renovations are completed. This

    Carlos Carrera RE/MAX DYNAMIC AGENTS

    709 S 2nd St, Mankato, MN 56001
  • /26

    $299,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3118 Scotch Ln, Mankato, MN 56001

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    3118 Scotch Ln, Mankato, MN 56001
  • /20

    $299,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3120 Scotch Ln, Mankato, MN 56001

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    3120 Scotch Ln, Mankato, MN 56001
  • /26

    $299,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    3108 Scotch Ln, Mankato, MN 56001

    Under Construction Now- Beautiful New Twin Homes with open plan providing a foyer, great storage, kitchen center island, stainlessappliances and main floor laundry. Upstairs you will find 3 generous bedrooms, including the Primary with en-suite bathroom. The landscaping is included,the garage is insulated and drywalled. Very efficient and low maintenance twin home living. (no association) Great

    Rebecca Thate RE/MAX Advantage Plus

    3108 Scotch Ln, Mankato, MN 56001

About Mankato

Mankato, at the confluence of the Minnesota and Blue Earth rivers, is a Minnesota city with small-town charm and a history that extends to the 18th century. Its name is derived from a Native American word meaning "greenish-blue earth,'' and its first European visitors trekked through in the 1700s looking for a passage to Asia. With a population of 44,000, this city has a suburban vibe, even downtown, with a main street lined with local shops and restaurants housed in early 1900s red brick buildings. Its strong education system consists of highl ...

Home Trends in Mankato, MN

Home Trends

Median Price (12 Mo)
$320,000
Median Single Family Price
$319,950
Median Townhouse Price
$298,500
Median 2 Bedroom Price
$180,900
Average Price Per Sq Ft
$156
Number of Homes for Sale
129
Last 12 months Home Sales
591
Months of Supply
2.60
Median List Price
$325,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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