Building Details

Buildings 1

Listing Agency: RE/MAX Results

Listed By: Holly Koenig · License #40513297 Show Phone

Source: C21atwood

Added: May 24 Changed: Oct 13 Last Checked: Oct 14 at 11:46PM

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Investment Insights

Based on property information with market context.

This side-by-side duplex occupies a 1-acre ravine lot and contains two three-level residences. Unit 2230 has 3 bedrooms and 3 bathrooms; its 2013 renovation included a kitchen with cherry cabinets, granite countertops, and stainless steel appliances, along with updated flooring, doors, and hardware. The unit also has two gas fireplaces. Unit 2228 has 3 bedrooms, 2 bathrooms, and a nonconforming lower-level bedroom, with newer carpet and updates. Both units have walkout lower levels, maintenance-free decks, and attached two-stall garages.

Recent property updates include a roof, water heaters, central air in Unit 2228, and several appliances. The duplex is at the end of a cul-de-sac in Upper North Mankato.

Key Highlights

• Side‑by‑side duplex on a 1‑acre ravine lot
• Unit 2230 has 3 bedrooms, 3 bathrooms, and a 2013 renovation
• Unit 2228 has 3 bedrooms, 2 bathrooms, and a nonconforming lower‑level bedroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store Plumbing 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.

Lease Details

2

Residential units

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

68

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Both residences span three levels and include walkout lower levels, attached garages, and maintenance-free decks.

Where is this duplex located?

The property is located at 2230-2228 W Dream Drive North Mankato, MN.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: Side‑by‑side duplex on a 1‑acre ravine lot; Unit 2230 has 3 bedrooms, 3 bathrooms, and a 2013 renovation; Unit 2228 has 3 bedrooms, 2 bathrooms, and a nonconforming lower‑level bedroom