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    Mankato Multifamily Investment Property

    221 E Walnut Street Mankato, MN 56001

    221 E Walnut Street, Mankato, MN, 56001
    $599,000
    For Sale
    $599,000

    MULTI_FAMILY - Mankato, MN

    Lot Size0.68 Acres
    Days on Market107

    Property Features for 221 E Walnut Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Basement
    Basement
    Block
    Standard status
    Active
    APN
    R01.09.18.129.005
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    CITY OF MANKATO W45' OF E122.5' OF 010 028 00
    Tax Annual Amount
    5668

    Utilities

    Heating system
    Oil

    Building Details

    Floors in Building
    2
    Number of units
    6
    Architectural style
    Other
    Listing Agency Keller Williams Premier Realty
    2765 Commerce Drive NW, Rochester, MN
    Listed by SHAWNA WOLFE · License #20215401
    Added: Apr 1 Checked: Jul 16 at 8:06 pm
    MLS# 7039850 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.

    Investment Insights

    Based on property information with market context.

    This is a fully leased six-unit investment property located in downtown Mankato. The building includes a newer roof, energy-efficient windows, baseboard heat, and separate electrical meters. It also features a secure common entrance. The lot size is 0.68 acres.

    Key Highlights

    • Fully leased 6‑unit investment property in downtown Mankato
    • Newer roof and energy‑efficient windows
    • Baseboard heat with oil heating

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    The Andres Apartment Building

    Suggested Use

    Grocery & Convenience Store Storage Facility Barber Shop Carpet & Flooring Store Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Auto Parts Store

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

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    FAQs

    What type of property is this?
    Apartment building - Fully leased six-unit building in downtown Mankato.
    Where is this apartment building located?
    The property is located at 221 E Walnut Street Mankato, MN.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Fully leased 6‑unit investment property in downtown Mankato; Newer roof and energy‑efficient windows; Baseboard heat with oil heating
    Contact an agent
    (507) 420-1877
    We can help!
    Contact an agent
    SHAWNA WOLFE
    SHAWNA WOLFE
    Real Estate License ID: 20215401
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