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    624 W 5Th St Mankato, MN 56001

    For Sale
    $304,900

    Multi-Family, Duplex - Up & Down - Mankato, MN

    Type:Multi Family
    Property size:
    2,396 SF
    Lot size:
    0.15 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 624 W 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    R01.08.13.301.017
    Parking
    10
    Interior features
    Garage Door Opener, # On Street Prkng Sp (l), Garage Door Opener, # Off Street Prkng Sp (l), Daylight/Lookout Windows, Egress Windows, Finished
    EntryLevel
    624,624 1/2
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Size
    2,396 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    2
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Connect Real Estate Group (507) 327-6300 [email protected]

    Listing agent Kellie Krumwiede (507) 327-6300

    Listing date Oct 29, 2025

    MLS# 7038946 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 Duplex: Fully Occupied Investment

    This is a fully occupied duplex located in West Mankato, Minnesota, situated blocks from a park. The property features an up/down configuration. The lower level unit is a one-bedroom, one-bathroom apartment with a private entrance and laundry facilities. This unit offers over 1000 square feet of living space. The main/upper level unit includes three bedrooms and one bathroom, with laundry conveniently located off the kitchen area. This unit provides approximately 1465 square feet of space and includes a separate dining area and a four-season porch. There are two entrances to the upper unit, located off the back and front/side of the home. The main level unit has been updated with newer flooring, carpeting, and paint. An updated AC unit has been installed in recent years. A two-stall split garage is accessible from the alley, with each unit assigned one stall. The tenants are responsible for lawn care and snow removal, making this a low-maintenance property for the owner. Both units are currently leased through June 2026. All utilities are separate and paid by the tenants. The property is situated on a lot of 0.15 acres and the total property size is 2396 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -94.028055
    Latitude
    44.158303

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    FAQs

    What type of property is this?
    Duplex - West Mankato duplex, fully leased through June 2026.
    Where is this duplex located?
    The property is located at 624 W 5Th St Mankato, MN.
    What is the asking price?
    The asking price for this property is $304,900.
    What are key features of this property?
    This property features: - Fully occupied duplex in West Mankato with leases through June 2026, providing immediate rental income.; - Low-maintenance property with tenants responsible for lawn care and snow removal.; - Separate utilities paid by tenants.
    (507) 327-6300
    Request Owner's contact information
    624 W 5Th St Mankato, MN 56001
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    Mankato, MN 56001
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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
    624 W 5Th St Mankato, MN 56001
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