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    Mankato Triplex: Investment Opportunity Title is generated by Realmo AI

    1104 N 5th Street, Mankato, MN 56001

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    Claim this Listing
    For Sale
    $280,000

    MULTI_FAMILY - Mankato, MN

    Type:Triplex
    Property size:
    1,225 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $228/SF
    Added:
    May 6, 2026
    Days on Market:
    59
    Last Refresh:
    Jul 3 at 7:06 am

    Property Features for 1104 N 5th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    R2
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 2
    Exterior features
    Driveway - Concrete
    Basement
    Unfinished
    Standard status
    Active
    APN
    R01.09.08.154.013
    Size
    1,225 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    RANDALLS ADD 006 011
    Tax Annual Amount
    4320

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1896
    Floors in Building
    2
    Number of units
    3
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Christa Wolner
    Christa Wolner

    Listing agent Christa Wolner

    Listing office Connect Real Estate Group 530 W Pleasant Street, Mankato, MN

    Listing date May 6, 2026

    MLS# 7040188 Listing URL

    Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Cash‑flow tri‑plex with all three units currently occupied
    • Annual gross rental income of $33,480 reported
    • Tenants pay all utilities
    • 5‑bedroom/3‑bathroom layout noted with Bedroom 1 through Bedroom 5 and Bathroom 1 through Bathroom 3 listed
    • Built in 1896
    • Concrete driveway and shingle roof; oil heating

    Overview

    This multifamily property in Mankato, Minnesota, presents an investment opportunity with established rental income. The property is a triplex generating $33,480 in annual gross rental income. All three units are currently occupied, providing immediate cash flow. Tenants are responsible for all utilities. The property offers a diverse unit mix with tenant appeal. It is located in Blue Earth County. The lot size is 0.24 acres. The property size is 1,225 square feet. The zoning is R2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Locksmith (Bike/Boat/Book/etc) Store Supermarket Restaurant Adult Day Care

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.988604
    Latitude
    44.174524

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    FAQs

    What type of property is this?
    Triplex - Cash-flowing triplex in Mankato with established rental income.
    Where is this triplex located?
    The property is located at 1104 N 5th Street Mankato, MN.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Cash‑flow tri‑plex with all three units currently occupied; Annual gross rental income of $33,480 reported; Tenants pay all utilities
    (507) 327-6300
    We can help!
    Contact an agent
    Christa Wolner
    Christa Wolner
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