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$149,900
2 Beds 1 Baths 267041004 MLS
Why rent when you can own? This affordable home offers the perfect opportunity to start building equity instead of paying rent. Offered for sale for the first time ever, this home has been lovingly cared for by the same family for generations. The current owner has already invested in the major updates, giving you peace of mind for years to come. Improvements include maintenance-free siding, a newer roof, Renewal by Andersen® windows, newer flooring, new furnace, new central air, newer appliances, and more! Just needs your cosmetic touches! Enjoy a bright living room filled with natural light, a formal dining room, and a spacious kitchen. The home was originally designed with main-floor laundry, making it easy to relocate the washer and dryer if desired. Upstairs, the story-and-a-half layout features a comfortable primary bedroom plus a second walk-through bedroom—ideal for a nursery, home office, walk-in closet, or guest space. The basement offers laundry, abundant storage, and a stand-alone shower. Outside, you'll find two storage sheds, providing plenty of space for lawn equipment, tools, and seasonal storage. Small in size but big on value, this well-maintained home combines generations of pride in ownership with thoughtful updates, making it an excellent opportunity for first-time buyers or anyone looking for an affordable place to call home. Long driveway for off-street parking. In close proximity to downtown Mankato.

118 E Spring, Mankato

$209,000
4 Beds 1 Baths 267040960 MLS
Up-and-down-duplex. Main floor has 3 bedrooms & a full bath; An additional bedroom with egress is located in basement. Main floor has been freshly painted, has maple floors and has a pantry. Currently the main floor is vacant. It was last rented for $1,670 per month. Owner pays gas, electric, water-sewer. Central air for main floor. Upstairs unit has 1 bedroom w/stove, refrigerator. Window air conditioner. Current rent up is $925/month. Basement has 4th bedroom w/egress window. Owner pays gas, electric & water/sewer/trash. New shingles fall of 2023. 2 off-street parking spaces for main floor. 100 Amp service. Siding, back steps & many windows replaced 2007. 2 storage sheds. Good potential for owner occuppied purchase!

210 Thompson, Mankato

$175,900
2 Beds 1 Baths 267040641 MLS
Welcome to this charming 2-bedroom, 1-bathroom rambler, offering comfort, character, and endless possibilities. Nestled in a peaceful neighborhood, this home provides a warm and inviting atmosphere from the moment you step inside. The cozy living spaces flow seamlessly into a functional kitchen, ready for everyday living and entertaining alike. The spacious lower level offers incredible potential, whether you are envisioning additional living space, a home office, recreation room, or storage area. Outside, you'll find an expansive deck perfect for relaxing, hosting gatherings, or enjoying Minnesota's beautiful seasons. The large backyard provides plenty of room for gardening, play, pets, or creating your own outdoor retreat. This property presents a wonderful opportunity to make it your own. Bonus: This home is eligible for a rental license, making it an excellent investment opportunity as well. Schedule your private tour today.

303 Hubbell, Mankato

$280,000
3 Beds 1 Baths 7040188 MLS
Opportunity knocks with this cash-flow tri-plex! Strong performing rental property generating $33,480 in annual gross rental income with an attractive cap rate potential at current list price. All three units currently occupied with established rental income in place. Tenants pay all utilities! Excellent opportunity for investors seeking immediate cash flow with future rental upside potential. Property offers a diverse unit mix with strong tenant appeal and a price point difficult to find in today’s multifamily market. Whether adding to an existing portfolio or entering multifamily investing for the first time, this property offers solid income, long-term appreciation potential, and strong demand in the area. Attractive price point, solid income history, and versatile occupancy options make this a property you won’t want to miss!

1104 N 5th, Mankato

$375,000
2 Beds 1 Baths 7039998 MLS
Owner occupants are welcome. Bottom two units will be available in August. Turnkey 4-unit investment opportunity in the heart of downtown Mankato. This 4,000+ sq ft property includes one 2-bedroom unit and three 1-bedroom units, all with full bathrooms, generating $3,075/month in rental income. Tenants pay electric and Wi-Fi, helping offset owner expenses. Newer roof (2019). The 2-bedroom unit features a dishwasher, and all units offer some cosmetic updates. Additional highlights include shared on-site laundry on first floor, tall/vaulted ceilings, and two porches for extra storage. Located just minutes from downtown amenities, this property offers strong rental appeal and consistent occupancy potential. 24-hour notice to tour. Call for a private showing.

303 N Broad, Mankato