Property for Sale in Mankato
221 E Walnut Street
Mankato, MN 56001

Price
$695,000

MLS #
6686743

Status
Active


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Property Details

Year Built
1920

Square Feet
5,760

Parking Features
On-Street Parking Only

Zoning
Residential-Multi-Family

2024 Property Taxes
$5,412

School District
Mankato

County
Blue Earth


This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property’s appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don’t miss out on this low-maintenance, income-generating opportunity—schedule a showing today!

6686743
Leaflet | Map data © Mapbox contributors

Riverfront Drive to Walnut Street


Riverfront Drive to Walnut Street

Features


Utilities
Electric Separate

Heating
Baseboard

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Daniel Robinson of True Real Estate

Listed
03/14/25 and last updated 03/19/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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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