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North Mankato, MN Apartment Buildings for Sale

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Mixed-Use Property With Five Apartments
Updated: Dec 12, 2025
Mixed-Use Property With Five Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000
Five apartments occupy the upper levels
Main‑level retail suite currently operates as a skin and spa clinic
Contemporary finishes and curated lighting in the retail area
Large display windows provide a defined storefront presence
Apartments feature open layouts and abundant natural light
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Mixed-Use Building with Five Apartments
Updated: Aug 10
Mixed-Use Building with Five Apartments

235 - 237 Belgrade Ave, North Mankato, MN 56003

$2,600,000
7,846 sqft
Five apartments occupy the upper levels
Main‑level retail suite currently operates as a skin and spa clinic
7,846 property size
Large display windows and curated lighting at the commercial frontage
Modern apartment interiors with open layouts and abundant natural light
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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

237 Belgrade Ave, North Mankato, MN 56003

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Existing medical spa space is paired with five apartments, offering a combination of commercial and residential income uses.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in North Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Six-Unit Apartment Building
Six-Unit Apartment Building

221 E Walnut Street, Mankato, MN 56001

$599,000
0.68 AC lot

Fully leased six-unit property with a newer roof, energy-efficient windows, baseboard heat, and separate electrical meters.

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11-Unit Apartment Building
11-Unit Apartment Building

905 E 5th Street, Blue Earth, MN 56013

$419,900
0.60 AC lot

Mixed apartment layouts feature individual utility metering, resident parking, and seller-owned coin laundry.

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Value-Add Apartment Opportunity
Value-Add Apartment Opportunity

830 Moore St., Blue Earth, MN 56013

Contact for pricing
19,200 sqft 0.97 AC lot

Apartment complex with value-add potential in Blue Earth, Minnesota.

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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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Off-Market Properties in North Mankato, MN

Consider similar Off-Market properties in North 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.

1621 Colony Ct
Multifamily properties

1621 Colony Ct, North Mankato, MN 56003

Value Estimation by Request
172,464 sqft
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North Mankato, MN Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in North Mankato, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,846 square feet of properties for sale, with an estimated market value of $5,200,000.

Sale prices for two-family homes in North Mankato, MN average $2,600,000 — 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 15K
Population Growth (5Y) +4.9%
Median Household Income $80,587
College Educated 56.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Mankato - 56003 $2.6M

Property Size Breakdown

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

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