Three-Unit Apartment
New
For Sale
$350,000
409 Sherman Street, North Mankato, MN 56003
MULTI-FAMILY, Triplex, North Mankato, MN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market1
Property Features for 409 Sherman Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2
Basement
Block
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Directions
Heading East on Belgrade Ave, take a left on Sherman Street at the four way stop. Property is located on the left near the alleyway.
Subdivision
N MANKATO LOWER
Standard status
Active
APN
18.643.0110
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Block A Lot N 56' OF LOTS 11 & 12 SubdivisionCd 18643 SubdivisionName GEORGE H MARSH'S ADD
Tax Annual Amount
4585
Legal Description
Block A Lot N 56' OF LOTS 11 & 12 SubdivisionCd 18643 SubdivisionName GEORGE H MARSH'S ADD
Utilities
Heating system
Baseboard, Forced Air
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
eXp Realty
(612) 751-9303
Listed By:
Kenneth Hauschild
(507) 995-3394
Added: Oct 9
Last Checked: Oct 9 at 6:06PM
MLS# 267041736
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.
This triplex contains three apartments, each with two bedrooms and one bathroom. The building dates to 1920 and has a shingle roof and a basement. Heating is provided by baseboard and forced-air systems, and the parcel measures 0.13 acres.
The property is on Sherman Street in North Mankato, with access to major highways, shopping, dining, and local amenities.
The property is on Sherman Street in North Mankato, with access to major highways, shopping, dining, and local amenities.
Key Highlights
- Three apartments, each with 2 bedrooms and 1 bathroom
- 0.13‑acre parcel
- Built in 1920
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
620
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Each residence offers two bedrooms and one bathroom, with baseboard and forced-air heating in the property.
Where is this triplex located?
The property is located at 409 Sherman Street North Mankato, MN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 bathroom; 0.13‑acre parcel; Built in 1920
