28-Unit Apartment
New
For Sale
$2,100,000
Pending
123 N 4th Street, Mankato, MN 56001
A varied apartment mix is complemented by on-site laundry and recent interior and window improvements.
Property SizeContact for details
Days on Market4
Property Features for 123 N 4th Street
General Information
Standard status
Pending
Property subtype
Commercial
Zoning
Residential-Multi-Family
Taxes and HOA fees
Annual Taxes
$24,063
Amenities
on site laundry area
Building Details
Year Built
1926
Units
28
Listing Agency:
Keller Williams Premier Realty
Listed By:
Shawna L. Wolfe · License #20215401
(507) 420-1877
Source:
Getyoumoved
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 23 at 5:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premier Realty
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Investment Insights
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This 28-unit apartment property includes 19 one-bedroom apartments, 3 two-bedroom apartments, and 6 studios. Work completed includes replacement windows, refreshed flooring and paint, new doors, and tiled hallways. An on-site laundry area serves the building, and select apartments have upgraded kitchen cabinets and countertops.
The property is within walking distance of downtown amenities and public transit. Built in 1926 and zoned Residential-Multi-Family, it offers a mix of unit types and a range of completed improvements.
The property is within walking distance of downtown amenities and public transit. Built in 1926 and zoned Residential-Multi-Family, it offers a mix of unit types and a range of completed improvements.
Key Highlights
- 28 apartments: 19 one‑bedroom units, 3 two‑bedroom units, and 6 studios
- On‑site laundry area
- Replacement windows, updated flooring, fresh paint, new doors, and tiled hallways
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,740
Businesses Nearby
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Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A varied apartment mix is complemented by on-site laundry and recent interior and window improvements.
Where is this apartment building located?
The property is located at 123 N 4th Street Mankato, MN.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 28 apartments: 19 one‑bedroom units, 3 two‑bedroom units, and 6 studios; On‑site laundry area; Replacement windows, updated flooring, fresh paint, new doors, and tiled hallways
