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    Mankato, MN Apartment Buildings for Sale

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    North Mankato, MN Saint Clair, MN Eagle Lake, MN
    7 results
    Mankato Apartment Building Investment
    $2,100,000
    0.24 Acres
    Mankato Apartment Building Investment

    123 N 4th Street, Mankato, MN 56001

    28-unit apartment building with renovation opportunities near downtown Mankato.
    • Walking distance to downtown amenities and public transit.
    • 28‑unit apartment building with a mix of unit types (19 one‑bedroom, 3 two‑bedroom, 6 studio).
    • Recent improvements including new windows, updated flooring, fresh paint, new doors, and tiled hallways.
    • On‑site laundry area.
    • Opportunity to increase value and rents through further renovations.
    Updated: Apr 6
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    Mankato Investment Property For Sale
    $564,900
    0.24 Acres
    Mankato Investment Property For Sale

    520 S 2nd Street, Mankato, MN 56001

    Investment property with four income streams in Mankato, Minnesota.
    • Four income streams: two apartments, parking stalls, and a garage.
    • Located in an Opportunity Zone.
    • Walkable to downtown and close to Minnesota State University Mankato.
    • Includes two apartments with in‑unit washer/dryers.
    • Interior finishes include marble, tile, granite, and stainless steel appliances.
    Updated: Feb 20
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    Mankato Apartment Building Investment Opportunity
    $2,100,000
    Mankato Apartment Building Investment Opportunity

    28-unit apartment building near downtown Mankato.

    123 N 4th Street, Mankato, MN 56001

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    Mankato Investment Property For Sale
    $599,000
    0.07 Acres
    Mankato Investment Property For Sale

    Fully leased six-unit building in downtown Mankato.

    221 E Walnut Street, Mankato, MN 56001

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    Mankato Multifamily Investment Property
    $599,000
    0.68 Acres
    Mankato Multifamily Investment Property

    Fully leased six-unit building in downtown Mankato.

    221 E Walnut Street, Mankato, MN 56001

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    Apartment Building Near Mayo Clinic
    $7,500,000
    48,696 SF
    Apartment Building Near Mayo Clinic

    Apartment building near Mayo Clinic Health System in Mankato.

    115 Echo Street, Mankato, MN 56001

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    Well-Maintained 72-Unit Apartment Community
    Contact for pricing
    Well-Maintained 72-Unit Apartment Community

    Well-maintained 72-unit multifamily asset with near-fully occupied performance and immediate investor income stability.

    160 Homestead Road, Mankato, MN 56001

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Modern Mixed-Use Property For Sale
    $2,600,000
    0.18 Acres
    Modern Mixed-Use Property For Sale

    Upscale retail space plus five luxury apartments in North Mankato.

    235 - 237 Belgrade Avenue, North Mankato, MN 56003

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    Modern Mixed-Use Property
    Contact for pricing
    0.18 Acres
    Modern Mixed-Use Property

    Upscale retail space plus five luxury apartments in North Mankato.

    235 - 237 Belgrade Avenue, North Mankato, MN 56003

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    Arlington Mixed-Use Investment Opportunity
    $325,000
    12,000 SF
    Arlington Mixed-Use Investment Opportunity

    Mixed-use property with commercial and residential units in Arlington, MN.

    418 W Main Street, Arlington, MN 55307

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    Commercial/Industrial
    $325,000
    10,897 SF
    Commercial/Industrial

    Mixed-use properties · 10,897 SF

    418 W Main Street, Arlington, MN 55307

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    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
    Multifamily properties
    Lot: 7.10 Acres
    Value Estimation by Request

    2040 Pr Rose Dr, Mankato, MN 56001

    View details
    340 Stadium Rd
    Multifamily properties
    9,829 SF

    340 Stadium Rd, Mankato, MN 56001

    View details
    217 Spring St
    Multifamily properties
    Value Estimation by Request

    217 Spring St, Mankato, MN 56001

    View details
    504 James Ave
    Multifamily properties
    131,544 SF Lot: 5.67 Acres
    Value Estimation by Request

    504 James Ave, Mankato, MN 56001

    View details

    Mankato, MN Apartment Buildings Investment Opportunities Market Analysis

    Explore 11 apartment buildings for sale in Mankato, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,962,900.

    Sale prices for two-family homes in Mankato, MN start at $564,900, averaging $1,192,580, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Mankato fall within the 100,000+ square foot range.

    Demographics Overview

    Population 66K
    Population Growth (5Y) +5.3%
    Median Household Income $70,313
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify Mankato submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56001 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $31.30 per sq ft
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

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