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    Mankato, MN Multifamily Properties for Sale

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    North Mankato, MN Saint Clair, MN Eagle Lake, MN
    18 results
    Mankato Apartment Building Investment
    $2,100,000
    0.24 Acres

    Mankato Apartment Building Investment

    123 N 4th Street, Mankato, MN 56001

    28-unit apartment building with renovation opportunities near downtown Mankato.

    • Walking distance to downtown amenities and public transit.
    • 28‑unit apartment building with a mix of unit types (19 one‑bedroom, 3 two‑bedroom, 6 studio).
    • Recent improvements including new windows, updated flooring, fresh paint, new doors, and tiled hallways.
    • On‑site laundry area.
    • Opportunity to increase value and rents through further renovations.
    Updated: Apr 6
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    Renovated Mankato Townhome Quadplex
    $1,195,000
    0.44 Acres

    Renovated Mankato Townhome Quadplex

    412 Holly Lane, Mankato, MN 56001

    Fully renovated, occupied 4-unit townhome with modern appeal and income stability.

    • Fully occupied 4‑unit townhome property provides immediate income stability.
    • Each unit is fully renovated with modern finishes, including stainless steel appliances, granite countertops, and marble vanities.
    • High‑efficiency mechanicals reduce operating costs with furnace, A/C condenser, and tankless water heater.
    • Each unit has 3 bedrooms and its own high‑efficiency washer and dryer.
    • Turnkey, low‑maintenance investment with tenants responsible for all utilities.
    Updated: Apr 3
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    Mankato Investment Property For Sale
    $564,900
    0.24 Acres

    Mankato Investment Property For Sale

    Investment property with four income streams in Mankato, Minnesota.

    520 S 2nd Street, Mankato, MN 56001
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    Mankato Residential Package Opportunity
    $425,000
    0.37 Acres

    Mankato Residential Package Opportunity

    Two residential properties in central Mankato with income and value-add potential.

    1614 And 1622 3rd Avenue, Mankato, MN 56001
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    Mankato Triplex: Investment Opportunity
    $280,000
    1,225 SF

    Mankato Triplex: Investment Opportunity

    Cash-flowing triplex in Mankato with established rental income.

    1104 N 5th Street, Mankato, MN 56001
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    Mankato Apartment Building Investment Opportunity
    $2,100,000

    Mankato Apartment Building Investment Opportunity

    28-unit apartment building near downtown Mankato.

    123 N 4th Street, Mankato, MN 56001
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    Mankato Investment Property For Sale
    $599,000
    0.07 Acres

    Mankato Investment Property For Sale

    Fully leased six-unit building in downtown Mankato.

    221 E Walnut Street, Mankato, MN 56001
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    Mankato Turnkey Investment Opportunity
    $390,000
    4,000 SF

    Mankato Turnkey Investment Opportunity

    Four-unit property in downtown Mankato generating $3,075 monthly income.

    303 N Broad Street, Mankato, MN 56001
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    Mankato Multifamily Investment Property
    $599,000
    0.68 Acres

    Mankato Multifamily Investment Property

    Fully leased six-unit building in downtown Mankato.

    221 E Walnut Street, Mankato, MN 56001
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    Mankato Multifamily Investment Opportunity
    $369,900
    0.12 Acres

    Mankato Multifamily Investment Opportunity

    Two-unit property with rental income and potential for expansion.

    910 S Front Street, Mankato, MN 56001
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    Mankato Multifamily Property For Sale
    $1,195,000
    0.44 Acres

    Mankato Multifamily Property For Sale

    Multifamily property in Mankato, MN, available for purchase.

    412 Holly Lane, Mankato, MN 56001
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    New Construction Duplex Investment Property
    $589,000
    3,256 SF

    New Construction Duplex Investment Property

    New construction duplex in Mankato, great for investment portfolio.

    3200 Noble Drive, Mankato, MN 56001
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    Mankato Multifamily Investment Opportunity
    $284,900
    0.07 Acres

    Mankato Multifamily Investment Opportunity

    Two-unit property with strong rental history in Mankato, Minnesota.

    414 Madison Avenue, Mankato, MN 56001
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    Mixed-Use Investment Opportunity
    $735,000

    Mixed-Use Investment Opportunity

    Mixed-use property with residential and commercial units in Mankato.

    521 - 523 North Riverfront Drive |, Mankato, MN 56001
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    Multifamily Property with Two Units
    $564,900
    3,833 SF

    Multifamily Property with Two Units

    Two-unit multifamily property available for sale.

    520 S. Second St., Mankato, MN 56001
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    Apartment Building Near Mayo Clinic
    $7,500,000
    48,696 SF

    Apartment Building Near Mayo Clinic

    Apartment building near Mayo Clinic Health System in Mankato.

    115 Echo Street, Mankato, MN 56001
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    Well-Maintained 72-Unit Apartment Community
    Contact for pricing

    Well-Maintained 72-Unit Apartment Community

    Well-maintained 72-unit multifamily asset with near-fully occupied performance and immediate investor income stability.

    160 Homestead Road, Mankato, MN 56001
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    Mixed-Use Building Near MSU Campus
    $4,800,000
    29,484 SF

    Mixed-Use Building Near MSU Campus

    Mixed-use building near MSU campus and many amenities.

    340 Stadium Rd, Mankato, MN 56001
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Mankato, MN, we suggest to view alternatives - similar 5 Off-Market properties to explore as potential leads.

    Off-Market Properties in Mankato, MN

    Consider similar Off-Market properties in Mankato, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2001 Monks Ave
    MOBILE HOME PARK, TRAILER PARK
    1,384 SF Lot: 18.74 Acres
    Estimated value
    $565,000

    2001 Monks Ave, Mankato, MN 56001-8900

    View details
    2040 Pr Rose Dr
    Multifamily properties
    Lot: 7.10 Acres
    Value Estimation by Request

    2040 Pr Rose Dr, Mankato, MN 56001

    View details
    340 Stadium Rd
    Multifamily properties
    9,829 SF

    340 Stadium Rd, Mankato, MN 56001

    View details
    217 Spring St
    Multifamily properties
    Value Estimation by Request

    217 Spring St, Mankato, MN 56001

    View details
    504 James Ave
    Multifamily properties
    131,544 SF Lot: 5.67 Acres
    Value Estimation by Request

    504 James Ave, Mankato, MN 56001

    View details

    Mankato, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 23 multifamily properties for sale in Mankato, MN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 90,494 square feet of properties for sale, with an estimated market value of $14,123,900.

    Sale prices for multifamily properties in Mankato, MN start at $280,000, averaging $2,353,983, and reaching up to $7,500,000 — 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

    Apartment buildings 7
    Duplexes 4
    Quadplexes 2
    Triplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    56001 $1.4M

    Taxes & Financing

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

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