Licensed Two-Unit Duplex
414 Madison Avenue Mankato, MN 56001
414 Madison Avenue, Mankato, MN, 56001
$228,000
For Sale
$228,000
MULTI_FAMILY - Mankato, MN
Lot Size0.07 Acres
Days on Market62
Property Features for 414 Madison Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- R010907432018
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- legal to govern
- Tax Annual Amount
- 2888
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1906
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
RE/MAX DYNAMIC AGENTS
(507) 387-5151
Listed by
CARLOS CARRERA · License #20451253
(507) 720-4663
Added: May 22 Updated: Jul 14 at 6:54PM Checked: Jul 22 at 5:06PM
MLS# 7040380
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 licensed two-unit duplex is offered for sale as a no-limit occupancy property. The asset is currently leased, with tenants paying all utilities, and it has a reported track record of strong rental performance.
The property is located at 414 Madison Avenue in Mankato, MN 56001, within Blue Earth County. Additional investment opportunities near the subject property are noted as available and may be purchasable as part of a small portfolio, subject to availability.
For buyers seeking a ready-to-rent duplex, the current lease status and utility billing arrangement are key operational features. Additional details are available upon request.
The property is located at 414 Madison Avenue in Mankato, MN 56001, within Blue Earth County. Additional investment opportunities near the subject property are noted as available and may be purchasable as part of a small portfolio, subject to availability.
For buyers seeking a ready-to-rent duplex, the current lease status and utility billing arrangement are key operational features. Additional details are available upon request.
Key Highlights
- Licensed as a two‑unit, no‑limit occupancy investment property
- Currently leased at $2,640/mo; tenants pay all utilities
- Built in 1906
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Licensed two-unit, no-limit occupancy duplex currently leased with tenants paying all utilities.
Where is this duplex located?
The property is located at 414 Madison Avenue Mankato, MN.
What is the asking price?
The asking price for this property is $228,000.
What are key features of this property?
This property features: Licensed as a two‑unit, no‑limit occupancy investment property; Currently leased at $2,640/mo; tenants pay all utilities; Built in 1906
