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Mankato Multifamily Development Site
For Sale
$450,000

Agency Trail, Mankato, MN 56001

LOT/LAND, Mankato, MN

Property SizeContact for details
Lot Size1.44 Acres
Days on Market259

Property Features for Agency Trail

General Information

Property type Land
Property subtype Other
Lot features Paved Streets, Underground Utilities
Subdivision MANKATO HILLTOP
Standard status Active
APN Multiple
Lot size 1.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TBD - Multiple lots
Tax Annual Amount 1540
Legal Description TBD - Multiple lots
Listing Agency: RE/MAX DYNAMIC AGENTS · RE/MAX International
Listed By: CARLOS CARRERA · License #20451253
Added: Dec 9, 2025 Changed: Aug 19 Last Checked: Aug 25 at 3:06PM
MLS# 7039182

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 1.44-acre site is suitable for multi-family development. It is located next to Water's Edge Assisted Living & Memory Care and near the Willow Brook Cooperative, a 52-unit member-owned community. The property offers a potential site for a 28-unit complex and a 0.286-acre site for parking or five duplex structures, totaling ten units. The property is located in Mankato, Blue Earth County, Minnesota.

Key Highlights

  • 1.44 acre multi family development site
  • Ideal for senior apartments
  • Next to Water's Edge Assisted Living & Memory Care

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.44 acre development site ideal for multifamily housing.
Where is this residential land & home lot located?
The property is located at Agency Trail Mankato, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1.44 acre multi family development site; Ideal for senior apartments; Next to Water's Edge Assisted Living & Memory Care
More about this property
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