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Multifamily Property with Two Units
For Sale
$500,000

520 S 2nd St, Mankato, MN 56001

Two-unit multifamily property available for sale.

Property Size3,000 SF
Price / SF$166.67
Days on Market172

Property Features for 520 S 2nd St

General Information

Standard status Active
Size 3,000 SF
Property subtype Multi-Family

Building Details

Year Built 1884
Listing Agency: RE/MAX Results
Listed By: Kevin Goettl · License #MN 95340
Source: Searchhousesnow
Added: Mar 27 Changed: Sep 8 Last Checked: Sep 13 at 3:15PM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This multifamily property features two units. The property size is 3833 square feet. It is located in Mankato, Minnesota.

Key Highlights

  • Multifamily property with 2 units.
  • Price per unit: $282,450.
  • Built in 1884.

Property Analytics

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Current Use

Psychic energy Spiritual Center

Suggested Use

Top Pick Locksmith Carpet & Flooring Store Storage Facility Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,606
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit multifamily property available for sale.
Where is this duplex located?
The property is located at 520 S 2nd St Mankato, MN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Multifamily property with 2 units.; Price per unit: $282,450.; Built in 1884.
More about this property
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