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    Mankato, MN Apartment Buildings for Sale

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    28-Unit Apartment Building
    Updated: Apr 6
    28-Unit Apartment Building

    123 N 4th Street, Mankato, MN 56001

    $2,100,000
    0.24 AC lot
    28 apartments: 19 one‑bedroom units, 3 two‑bedroom units, and 6 studios
    Built in 1926 on a 0.24‑acre lot
    Updates include windows, flooring, paint, doors, and tiled hallways
    On‑site laundry area; select units have upgraded kitchen cabinetry and countertops
    Walking distance to downtown amenities and public transit
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    8-Unit Apartment Building
    Updated: Jun 30
    8-Unit Apartment Building

    415 S Broad Street, Mankato, MN 56001

    $2,000,000
    8‑unit apartment property
    Mix of 4- and 5‑bedroom units
    Fully leased through 7‑14‑2027
    Near Minnesota State University, Mankato
    Located at 415 S Broad Street, Mankato, MN 56001
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    28-Unit Apartment Property
    28-Unit Apartment Property

    123 N 4th Street, Mankato, MN 56001

    $2,100,000

    Updated common areas and select units complement on-site laundry and a mixed studio and one- and two-bedroom layout.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    8-Unit Apartment Building
    8-Unit Apartment Building

    415 S Broad Street, Mankato, MN 56001

    Contact for pricing
    3,114 sqft

    Eight apartments offer four- and five-bedroom layouts suited to student and family occupancy.

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    Apartment Building Near Mayo Clinic
    Apartment Building Near Mayo Clinic

    115 Echo Street, Mankato, MN 56001

    Contact for pricing
    48,696 sqft

    Apartment building near Mayo Clinic Health System in Mankato.

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    Three-Story Mixed-Use Property
    Three-Story Mixed-Use Property

    1633 Monks Ave, Mankato, MN 56001

    Contact for pricing
    46,446 sqft

    Combines service-based retail with student housing and full apartment kitchens.

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    Remodeled Mixed-Use Property
    Remodeled Mixed-Use Property

    500 S 2nd St, Mankato, MN 56001

    $5,750,000

    Downtown mixed-use complex combines remodeled apartments, commercial space, and shared elevator access.

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    Multifamily Apartment Community
    Multifamily Apartment Community

    160 Homestead Road, Mankato, MN 56001

    Contact for pricing

    72-unit multifamily property with strong occupancy and convenient access via major highways near Minnesota State University, Mankato.

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    Mixed-Use Multifamily Building
    Mixed-Use Multifamily Building

    340 Stadium Rd, Mankato, MN 56001

    Contact for pricing
    29,484 sqft

    Newer mixed-use multifamily building with on-site parking and good signage, near MSU campus amenities.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 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

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    138 N Main St, Janesville, MN 56048

    $475,000
    12,361 sqft

    Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    138 N Main Street, Janesville, MN 56048

    $475,000
    0.28 AC lot

    The property combines residential units, commercial suites, and additional lower-level space.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    235 - 237 Belgrade Avenue, North Mankato, MN 56003

    $2,600,000
    0.18 AC lot

    A ground-floor commercial suite currently operates as a skin and spa clinic, with five residences above.

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    Mixed-Use Property with Five Apartments
    Mixed-Use Property with Five Apartments

    235 - 237 Belgrade Avenue, North Mankato, MN 56003

    Contact for pricing
    0.18 AC lot

    A ground-floor retail suite and five upper-level apartments combine commercial and residential space in one building.

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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

    2040 Pr Rose Dr, Mankato, MN 56001

    Estimated value: by Request
    7.10 AC lot
    View details
    340 Stadium Rd
    Multifamily properties

    340 Stadium Rd, Mankato, MN 56001

    Estimated value: by Request
    9,829 sqft
    View details
    217 Spring St
    Multifamily properties

    217 Spring St, Mankato, MN 56001

    Estimated value: by Request
    View details
    504 James Ave
    Multifamily properties

    504 James Ave, Mankato, MN 56001

    Estimated value: by Request
    131,544 sqft 5.67 AC lot
    View details

    Mankato, MN Apartment Buildings Market Trends and Statistics

    Explore 13 apartment buildings for sale in Mankato, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 127,740 square feet of properties for sale, with an estimated market value of $11,950,000.

    Sale prices for apartment complexes in Mankato, MN start at $2,000,000, averaging $2,987,500, and reaching up to $5,750,000 — 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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    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 average listing prices of real estate assets

    Neighborhood Average Price
    56001 $2.5M

    Taxes & Financing

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

    Property Size Breakdown

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

    How Realmo verifies these figures

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    • 56001

    Featured Mankato Real Estate Agencies

    Realmo connects you with licensed Mankato CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Bridge Realty Mankato
    122 South Riverfront Drive Mankato, MN 56001
    Phone: 15073445200
    www.bridgerealtymankato.com
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