Property for Sale in North Mankato
414 Allan Avenue
North Mankato, MN 56003

Price
$1,500,000

MLS #
6690362

Status
Active


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Property Details

Year Built
1969

Square Feet
11,520

Parking Features
Asphalt,Parking Lot

Zoning
Residential-Multi-Family

2025 Property Taxes
$12,095

School District
Mankato

County
Nicollet


This well-maintained 12-unit apartment building in Upper North Mankato is a fantastic investment opportunity! The property features 11 spacious two-bedroom units and 1 newly remodeled one-bedroom unit. Key features include four remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Tiled hallways for easy maintenance, separate electric meters, wall A/C units in all apartments, off street parking, two tankless boiler systems installed in 2023 for energy efficiency and coin-operated laundry for additional income. This property is fully occupied with reliable tenants providing a steady income stream and long-term investment potential

6690362
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Lookout to Allan Ave


Lookout to Allan Ave

Features


Utilities
Electric Separate

Cooling
Wall Unit(s)

Heating
Hot Water

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Shawna Wolfe of Keller Williams Premier Realty

Listed
03/24/25 and last updated 03/25/25

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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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