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Updated Duplex Property
For Sale
$299,900

1655 Valley View Dr, Mankato, MN 56003

Current duplex rental licensing complements an updated four-bedroom home with laundry service on both levels.

Property Size1,780 SF
Price / SF$168.48
Days on Market42

Property Features for 1655 Valley View Dr

General Information

Standard status Active
Size 1,780 SF
Property subtype Multi-Family

Building Details

Year Built 1982
Listing Agency: American Way Realty
Listed By: Staci Murphy
Source: Tayloronken
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 7:31PM

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 American Way Realty

Investment Insights

Based on property information with market context.

Located at 1655 Valley View Dr in Mankato, this 1,780-square-foot residential property was built in 1982 and is arranged as a four-bedroom, two-bathroom home. Recent improvements include new windows, fresh paint, and new carpeting upstairs. Laundry facilities are provided on both the upper and lower levels.

The property holds a current duplex rental license and is described as capable of being converted back into a duplex. Its combination of updated interior elements, two-level laundry access, and existing rental licensing creates a flexible residential configuration for an owner or operator.

Key Highlights

  • Current duplex rental license in place
  • 1,780 square feet on a 4‑bedroom, 2‑bathroom layout
  • New windows, fresh paint, and new carpeting upstairs

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Bakery HVAC Service Catering Service

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

161
Businesses Nearby

Demographics for 56003, MN

15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Current duplex rental licensing complements an updated four-bedroom home with laundry service on both levels.
Where is this duplex located?
The property is located at 1655 Valley View Dr Mankato, MN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Current duplex rental license in place; 1,780 square feet on a 4‑bedroom, 2‑bathroom layout; New windows, fresh paint, and new carpeting upstairs
More about this property
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