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    Mankato, MN Multifamily Properties for Sale

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    24 properties
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    Licensed Duplex
    Updated: Jun 24
    Licensed Duplex

    520 S 2nd Street, Mankato, MN 56001

    $550,000
    3,000 sqft 0.24 AC lot
    Licensed duplex with 9 bedrooms and 5 bathrooms
    3,000 square feet on a 0.239‑acre lot
    Fully leased; stated cap rate of 8.6%
    Built in 1884; forced‑air and baseboard heating
    Assigned parking and parking lot
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    4-Unit Multifamily Property
    Updated: Oct 14
    4-Unit Multifamily Property

    303 N Broad Street, Mankato, MN 56001

    $349,900
    3,706 sqft 0.16 AC lot
    Four apartments: one two‑bedroom unit and three one‑bedroom units
    3,706 square feet on a 0.157‑acre corner lot
    Two of four units occupied
    Four kitchens with an oven and refrigerator in each; dishwasher in the two‑bedroom unit
    On‑site laundry, two porches, and a one‑car garage
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    Seven-Bedroom Duplex
    Seven-Bedroom Duplex

    802 Le Hillier Street, Mankato, MN 56001

    $249,900
    2,550 sqft 0.22 AC lot

    Separate entrances serve two units, each with its own bedroom and bath configuration.

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    Fully Renovated 4-Unit Townhome
    Fully Renovated 4-Unit Townhome

    412 Holly Ln, Mankato, MN 56001

    $1,195,000
    6,528 sqft

    Four fully renovated townhome units are each occupied and feature 3 bedrooms, in-unit laundry, and updated finishes.

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    Two-Unit Duplex with Updated Systems
    Two-Unit Duplex with Updated Systems

    1404 N 5th Street, Mankato, MN 56001

    $194,999
    1,557 sqft 0.10 AC lot

    Income-producing duplex with separate living spaces, basement laundry, shared porch access, and driveway parking.

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    4-Unit Quadplex with Rooftop Deck
    4-Unit Quadplex with Rooftop Deck

    412 Holly Lane, Mankato, MN 56001

    $1,195,000
    0.44 AC lot

    All four residences are occupied and offer three bedrooms, updated interiors, and in-unit laundry.

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    28-Unit Apartment Building
    28-Unit Apartment Building

    123 N 4th Street, Mankato, MN 56001

    $2,100,000
    0.24 AC lot

    The apartments include an on-site laundry area and a mix of studio, one-bedroom, and two-bedroom layouts.

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    Brick Duplex with Triple Garage
    Brick Duplex with Triple Garage

    616 N Broad St, Mankato, MN 56001

    $250,000
    2,358 sqft

    Both units include separate utilities and in-unit laundry.

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    Up-and-Down Duplex
    Up-and-Down Duplex

    2005 7th Avenue, Mankato, MN 56001

    $174,800
    0.16 AC lot

    Two-level duplex with a basement, forced-air heating, and a shingle roof in Mankato.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    415 S Broad Street, Mankato, MN 56001

    $2,000,000

    Fully leased through July 14, 2027, with four- and five-bedroom units near Minnesota State University, Mankato.

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    Duplex With Private Entrances
    Duplex With Private Entrances

    802 Le Hillier St, Mankato, MN 56001

    $249,900
    2,550 sqft

    Two residential units offer distinct layouts, private access, laundry space, storage, and included appliances.

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    28-Unit Apartment Property
    28-Unit Apartment Property

    123 N 4th Street, Mankato, MN 56001

    $2,100,000

    Updated common areas and select units complement on-site laundry and a mixed studio and one- and two-bedroom layout.

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    Duplex with Private Entrances
    Duplex with Private Entrances

    802 LeHiller Street, Mankato, MN 56001

    $249,900
    0.22 AC lot

    Two separately accessed residences include private laundry, appliance packages, storage, and outdoor space.

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    Two-Unit Duplex with Updates
    Two-Unit Duplex with Updates

    1404 N 5th St, Mankato, MN 56001

    $194,999
    1,557 sqft

    Two residences include coin-operated laundry, shared porch access, and off-street parking.

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    Duplex with Two Residential Units
    Duplex with Two Residential Units

    2005 7th Ave, Mankato, MN 56001

    $174,800
    1,714 sqft

    Two-unit residential property supports rental income or an owner-occupant arrangement near everyday amenities.

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    4-Unit Quadplex with Garage
    4-Unit Quadplex with Garage

    303 N Broad Street, Mankato, MN 56001

    $349,900
    3,706 sqft

    Two residences are occupied, and each of the four units has its own kitchen.

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    Multifamily Property with Two Units
    Multifamily Property with Two Units

    520 S 2nd St, Mankato, MN 56001

    $550,000
    3,000 sqft

    Two-unit multifamily property available for sale.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    415 S Broad Street, Mankato, MN 56001

    Contact for pricing
    3,114 sqft

    Eight apartments offer four- and five-bedroom layouts suited to student and family occupancy.

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    Apartment Building Near Mayo Clinic
    Apartment Building Near Mayo Clinic

    115 Echo Street, Mankato, MN 56001

    Contact for pricing
    48,696 sqft

    Apartment building near Mayo Clinic Health System in Mankato.

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    Three-Story Mixed-Use Property
    Three-Story Mixed-Use Property

    1633 Monks Ave, Mankato, MN 56001

    Contact for pricing
    46,446 sqft

    Combines service-based retail with student housing and full apartment kitchens.

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    Remodeled Mixed-Use Property
    Remodeled Mixed-Use Property

    500 S 2nd St, Mankato, MN 56001

    $5,750,000

    Downtown mixed-use complex combines remodeled apartments, commercial space, and shared elevator access.

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    Multifamily Apartment Community
    Multifamily Apartment Community

    160 Homestead Road, Mankato, MN 56001

    Contact for pricing

    72-unit multifamily property with strong occupancy and convenient access via major highways near Minnesota State University, Mankato.

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    Mixed-Use Multifamily Building
    Mixed-Use Multifamily Building

    340 Stadium Rd, Mankato, MN 56001

    Contact for pricing
    29,484 sqft

    Newer mixed-use multifamily building with on-site parking and good signage, near MSU campus amenities.

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    Mixed-Use Building Near MSU Campus
    Mixed-Use Building Near MSU Campus

    340 Stadium Rd, Mankato, MN 56001

    Contact for pricing
    29,484 sqft

    Mixed-use building near MSU campus and many amenities.

    View details
    Not finding what you need? Try buying leads tailored to your intent and find the right opportunities before everyone else. Get Leads
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Mankato, MN, we suggest to view alternatives - similar 5 Off-Market properties to explore as potential leads.

    Mankato, MN Multifamily Properties Market Trends and Statistics

    Explore 29 multifamily properties for sale in Mankato, MN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 189,450 square feet of properties for sale, with an estimated market value of $17,879,098.

    Sale prices for multifamily properties in Mankato, MN start at $174,800, averaging $993,283, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 10
    Duplexes 10
    Quadplexes 5

    Demographics Overview

    Population 66K
    Population Growth (5Y) +5.3%
    Median Household Income $70,313
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify Mankato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56001 $872.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $31.30 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Mankato fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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