R2-Zoned Triplex with Oil
For Sale
$280,000
1104 N 5th Street, Mankato, MN 56001
MULTI_FAMILY - Mankato, MN
Property Size1,225 SF
Lot Size0.24 Acres
Price / SF$228.57
Days on Market107
Property Features for 1104 N 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R2
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Basement, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1
Exterior features
Driveway - Concrete
Basement
Unfinished
Lot features
Corner Lot, Landscaped
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Subdivision
MANKATO CENTRAL
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
Legal Description
RANDALLS ADD 006 011
Utilities
Heating system
Oil
Building Details
Year built
1896
Floors in Building
2
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
Connect Real Estate Group
(507) 779-7319
Listed By:
Christa Wolner
(507) 327-6300
Added: May 6
Changed: Aug 15
Last Checked: Aug 20 at 1:06AM
MLS# 7040188
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.
Investment Insights
Based on property information with market context.
This triplex offers three occupied units with established rental income in place. Tenants pay all utilities. The property includes 1,225 square feet and was built in 1896. Heating is oil, and the roof is shingle.
The site sits on a 0.24-acre lot and includes a concrete driveway. The property is zoned R2 in Blue Earth County, MN.
With all three units currently occupied, the building provides an immediate stabilized housing setup while maintaining ongoing rental demand in the area.
The site sits on a 0.24-acre lot and includes a concrete driveway. The property is zoned R2 in Blue Earth County, MN.
With all three units currently occupied, the building provides an immediate stabilized housing setup while maintaining ongoing rental demand in the area.
Key Highlights
- Three occupied units
- Tenants pay all utilities
- Zoned R2
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
796
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex zoned R2 with oil heating and a shingle roof.
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: Three occupied units; Tenants pay all utilities; Zoned R2
