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Mankato, MN Apartment Buildings for Sale

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Mankato Multi-Family Rental Property
$217,700
2,178 SF

Mankato Multi-Family Rental Property

610 E Vine St, Mankato, MN 56001

Five-bedroom, two-bath home with rental license, leased through 2026.

  • Leased through July 2026, generating $1,800/month in rent, providing immediate income.
  • Five‑unrelated rental license, maximizing rental income potential.
  • Low‑maintenance, turnkey investment with tenants paying all utilities, lawn care, and snow removal.
  • Five bedrooms and two bathrooms, accommodating a large family or multiple tenants.
  • Versatile property suitable for rental portfolio expansion or future conversion to a single‑family home.
Last Update: Nov 12
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Mankato Mixed-Use Apartment Building
$4,800,000
9,829 SF

Mankato Mixed-Use Apartment Building

340 Stadium Rd, Mankato, MN 56001

High-Yield Investment Opportunity: 20 Units, 6.38% Cap Rate

  • $4,800,000 asking price.
  • Mixed‑use, multifamily apartment building with 20 units.
  • 9,829 square feet on a 49,779 square foot lot.
  • 6.38% cap rate with a $306,000 NOI and 100% occupancy.
  • Excellent location near Minnesota State University, Mankato.
Last Update: Dec 11, 2024
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Mankato 4-Plex Investment Opportunity
$465,000

Mankato 4-Plex Investment Opportunity

High-Yield Multifamily Property in Central Mankato
217 Spring St, Mankato, MN 56001
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

North Mankato Mixed-Use Property
$3,375,000
0.69 Acres

North Mankato Mixed-Use Property

Well-maintained commercial property with apartments and retail spaces in prime location.
422 Belgrade Ave, North Mankato, MN 56003
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Mixed-Use Property in Business District
$3,375,000

Mixed-Use Property in Business District

Mixed-use property with apartments and retail in North Mankato.
422 Belgrade Ave, North Mankato, MN 56003
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New Ulm Apartment Building Investment
$460,000
0.19 Acres

New Ulm Apartment Building Investment

12-unit apartment building with income and value-add potential.
209 S Minnesota St, New Ulm, MN 56073
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New Ulm Multifamily Investment Opportunity
$460,000

New Ulm Multifamily Investment Opportunity

12-unit apartment building in downtown New Ulm with value-add potential.
209 S Minnesota St, New Ulm, MN 56073
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Explore Off-Market Properties in Mankato, MN

Consider similar Off-Market properties in Mankato, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2040 Pr Rose Dr

2040 Pr Rose Dr

Multifamily properties • 7.10 Acres
Value Estimation by Request
2040 Pr Rose Dr, Mankato, MN 56001
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340 Stadium Rd

340 Stadium Rd

Multifamily properties • 9,829 SF
Value Estimation by Request
340 Stadium Rd, Mankato, MN 56001
View details
217 Spring St

217 Spring St

Multifamily properties
Value Estimation by Request
217 Spring St, Mankato, MN 56001
View details
504 James Ave

504 James Ave

Multifamily properties • 131,544 SF
Value Estimation by Request
504 James Ave, Mankato, MN 56001
View details

Mankato, MN Apartment Buildings Investment Opportunities Market Analysis

Explore 7 apartment buildings for sale in Mankato, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,227 square feet of properties for sale, with an estimated market value of $217,700.

Prices for two-family homes in Mankato, MN start at $217,700, averaging $217,700, and reaching up to $217,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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