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Mankato Triplex: Investment Opportunity

1104 N 5th Street Mankato, MN 56001

For Sale

$280,000

MULTI_FAMILY - Mankato, MN

Type:Triplex

Property size:

1,225 SF

Lot size:

0.24 Acres

Price / SF:

$228/SF

For Sale

$280,000

MULTI_FAMILY - Mankato, MN

Type:Triplex

Property size:

1,225 SF

Lot size:

0.24 Acres

Price / SF:

$228/SF

Added:: May 6, 2026
Days on Market:: 67
Last Refresh:: Jul 11 at 3:06 am

Property Features for 1104 N 5th Street

General Information

Property type: Residential Multi Family
Property subtype: Triplex
Zoning: R2
Bedrooms: 5
Bathrooms: 2
Rooms: Bathroom 2, Basement, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Exterior features: Driveway - Concrete
Basement: Unfinished
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

Utilities

Heating system: Oil

Building Details

Year built: 1896
Floors in Building: 2
Number of units: 3
Roof type: Shingle
Architectural style: Other

Listing agent Christa Wolner

Listing office Connect Real Estate Group 530 W Pleasant Street, Mankato, MN

Listing date May 6, 2026

MLS# 7040188 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 multifamily property in Mankato, Minnesota, presents an investment opportunity with established rental income. The property is a triplex generating $33,480 in annual gross rental income. All three units are currently occupied, providing immediate cash flow. Tenants are responsible for all utilities. The property offers a diverse unit mix with tenant appeal. It is located in Blue Earth County. The lot size is 0.24 acres. The property size is 1,225 square feet. The zoning is R2.

Key Highlights

Cash‑flow tri‑plex with all three units currently occupied
Annual gross rental income of $33,480 reported
Tenants pay all utilities

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Triplexes
MN
Mankato
56001
1104 N 5th Street

What type of property is this?

Triplex - Cash-flowing triplex in Mankato with established rental income.

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: Cash‑flow tri‑plex with all three units currently occupied; Annual gross rental income of $33,480 reported; Tenants pay all utilities

1104 N 5th Street Mankato, MN 56001

MULTI_FAMILY - Mankato, MN

Property Features for 1104 N 5th Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Victory Drive Commercial Opportunity

Multi-Family Income Property with 9 Bedrooms

8-Bed Triplex with Leased Units

Renovated Mankato Townhome Quadplex

Office and Data Center Facility

Mankato Multifamily Investment Property

Mankato Apartment Building Investment Opportunity

Turn-Key Restaurant with Commercial Kitchen

Mankato Multifamily Investment Opportunity

Four-Unit Residential Property with Newer Roof

Updated Duplex With Two Entrances

Mankato Multifamily Investment Opportunity

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