Six-Unit Apartment
For Sale
$599,000
221 E Walnut Street, Mankato, MN 56001
Fully leased multifamily property with updated building components and separately metered electrical service.
Property SizeContact for details
Days on Market139
Property Features for 221 E Walnut Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Residential-Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$5,668
Amenities
newer roof
energy-efficient windows
baseboard heat
separate electrical meters
secure common entrance
Building Details
Year Built
1920
Stories
2
Units
6
Listing Agency:
Keller Williams Premier Realty
(507) 420-1877
Listed By:
Shawna L. Wolfe · License #20215401
(507) 420-1877
Source:
Juverealestate
Added: Apr 3
Changed: Aug 10
Last Checked: Aug 19 at 3:09PM
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
Investment Insights
Based on property information with market context.
This six-unit apartment building was constructed in 1920 and is fully leased. Property features include a newer roof, energy-efficient windows, baseboard heat, separate electrical meters, and a secure common entrance.
The property is located in downtown Mankato at 221 E Walnut Street and carries Residential-Multi-Family zoning.
The property is located in downtown Mankato at 221 E Walnut Street and carries Residential-Multi-Family zoning.
Key Highlights
- Six‑unit apartment building constructed in 1920
- Fully leased multifamily property
- Newer roof and energy‑efficient windows
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,784
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with updated building components and separately metered electrical service.
Where is this apartment building located?
The property is located at 221 E Walnut Street Mankato, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Six‑unit apartment building constructed in 1920; Fully leased multifamily property; Newer roof and energy‑efficient windows
