Residential Income Property with Balcony and
For Sale
$250,000
229 Locke Street, Mankato, MN 56001
MULTI-FAMILY, Single Family Rental (L), Mankato, MN
Property SizeContact for details
Lot Size0.19 Acres
Days on Market50
Property Features for 229 Locke Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Basement
Patio and Porch features
Porch, Deck
Interior features
Main Floor Laundry
Exterior features
Balcony, Deck, Driveway - Concrete, Porch
Basement
Unfinished
Lot features
Paved Streets
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Directions
From Riverfront Drive - turn onto Marshall St (approx .3 miles) turn Left on W Pleasant St, head .2 miles, turn Right on Locke St, House is on the left.
Subdivision
MANKATO CENTRAL
Standard status
Active
APN
R01.09.18.305.007
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
WARRENS SECOND ADD S43FT OF 5 & N26FT OF 006 024 00
Tax Annual Amount
2704
Legal Description
WARRENS SECOND ADD S43FT OF 5 & N26FT OF 006 024 00
Utilities
Heating system
Forced Air
Building Details
Year built
1890
Floors in Building
2
Number of units
1
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(504) 742-4442
Listed By:
Rachael Hansen-Miller
(507) 382-3815
Added: Jul 20
Changed: Sep 5
Last Checked: Sep 7 at 2:06PM
MLS# 267040989
Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Residential income property at 229 Locke Street in Mankato includes main floor laundry and forced-air heating with a shingle roof. The home features a porch, a deck, a balcony, and a concrete driveway, along with a basement and two bathrooms. Layout includes four bedrooms and a kitchen/dining/living arrangement described as large, with Room listings including Bedroom 1 through Bedroom 4 and Bathroom 1 and Bathroom 2. The property sits on a 0.19-acre lot and was built in 1890.
The offering is described as a five unrelated rental license property, with tenants handling utilities in the past. The location is marketed as close to MSU, Bethany, and downtown Mankato, supporting demand tied to the area.
Exterior and site details include driveway and patio features, plus five off-street parking spots to serve residents.
The offering is described as a five unrelated rental license property, with tenants handling utilities in the past. The location is marketed as close to MSU, Bethany, and downtown Mankato, supporting demand tied to the area.
Exterior and site details include driveway and patio features, plus five off-street parking spots to serve residents.
Key Highlights
- 5 unrelated rental license described for the property
- 0.19‑acre lot and year built 1890
- Forced‑air heating and shingle roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
907
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Residential income property with forced-air heating, main-floor laundry, and balcony and deck.
Where is this single family property located?
The property is located at 229 Locke Street Mankato, MN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 5 unrelated rental license described for the property; 0.19‑acre lot and year built 1890; Forced‑air heating and shingle roof
