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    610 E Vine St Mankato, MN 56001

    For Sale
    $217,700

    Multi-Family, Single Family Rental (L) - Mankato, MN

    Property size:
    2,178 SF
    Lot size:
    0.12 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 610 E Vine St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    R01.09.08.306.008
    Parking
    10
    Interior features
    Ceiling Fans, Eat-in Kitchen, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups, # On Street Prkng Sp (l), # Off Street Prkng Sp (l), Unfinished
    Basement Y/N
    1
    Appliances
    Dryer, Microwave, Range, Refrigerator
    Size
    2,178 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1916
    Number of units
    1
    Flooring type
    Hardwood, Tile, Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    American Way Realty (507) 345-4040 [email protected]

    Listing agent Angie VanEman Lynch (507) 345-4040

    Listing date Nov 12, 2025

    MLS# 7039051 Listing URL

    Copyright © 2025 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.

    Overview

    Mankato Multi-Family Rental Property

    Located at 610 E. Vine Street in Mankato, MN, this property features 5 bedrooms and 2 bathrooms. It is currently operating under a five-unrelated rental license. The property includes a spacious living room, dining area, kitchen, a full bath, and one bedroom on the main floor. Upstairs, there are four additional bedrooms and another full bathroom. The basement is unfinished and provides storage and laundry space, including a new dryer. The property has a front porch and a one-stall detached garage. The exterior was painted two summers ago, and the carpet is four years old. Several new windows have been installed throughout the property. The property is currently leased through July 28, 2026, generating $1,800 per month in rent. Tenants are responsible for all utilities, lawn care, and snow removal. The property has a lot size of 0.12 acres and a property size of 2178 square feet. It is located in Blue Earth County, with a postal code of 56001. This property is suitable for expanding a rental portfolio or converting back to a single-family home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.989183
    Latitude
    44.170608

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    FAQs

    What type of property is this?
    Apartment building - Five-bedroom, two-bath home with rental license, leased through 2026.
    Where is this apartment building located?
    The property is located at 610 E Vine St Mankato, MN.
    What is the asking price?
    The asking price for this property is $217,700.
    What are key features of this property?
    This property features: - Leased through July 2026, generating $1,800/month in rent, providing immediate income.; - Five-unrelated rental license, maximizing rental income potential.; - Low-maintenance, turnkey investment with tenants paying all utilities, lawn care, and snow removal.
    (507) 345-4040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    610 E Vine St Mankato, MN 56001
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