Multifamily

North Mankato, MN Multifamily Properties for Sale

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9 properties
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Side-by-Side Duplex With Garages
Updated: Jun 30
Side-by-Side Duplex With Garages

2230-2228 W Dream Drive, North Mankato, MN 56003

$675,000
2,172 sqft 1.08 AC lot
Side‑by‑side duplex on a 1.08‑acre ravine lot
Both units include 3 bedrooms and walkout lower levels
Unit 2230 has 3 bathrooms and was completely renovated in 2013
Unit 2228 includes 2 bathrooms and a nonconforming lower‑level bedroom
Attached two‑stall garages and maintenance‑free decking for both units
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Three-Unit Apartment Building
Updated: Oct 9
Three-Unit Apartment Building

409 Sherman Street, North Mankato, MN 56003

$350,000
0.13 AC lot
Three apartments, each with 2 bedrooms and 1 bathroom
0.13‑acre parcel
Built in 1920
Baseboard and forced‑air heating
Shingle roof and basement
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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

235 - 237 Belgrade Avenue, North Mankato, MN 56003

$2,600,000
0.18 AC lot

A ground-floor commercial suite currently operates as a skin and spa clinic, with five residences above.

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Mixed-Use Building with Five Apartments
Mixed-Use Building with Five Apartments

235 - 237 Belgrade Ave, North Mankato, MN 56003

$2,600,000
7,846 sqft

Main-level retail space currently serves as a skin and spa clinic, while upper floors contain modern residential units.

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Mixed-Use Property with Five Apartments
Mixed-Use Property with Five Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000

Modern street-level retail space is paired with multiple upper-level apartments and contemporary interior finishes.

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Mixed-Use Property with Five Apartments
Mixed-Use Property with Five Apartments

235 - 237 Belgrade Avenue, North Mankato, MN 56003

Contact for pricing
0.18 AC lot

A ground-floor retail suite and five upper-level apartments combine commercial and residential space in one building.

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Renovated Side-by-Side Duplex
Renovated Side-by-Side Duplex

2230-2228 W Dream Drive, North Mankato, MN 56003

$675,000
4,040 sqft 1.00 AC lot

Both residences span three levels and include walkout lower levels, attached garages, and maintenance-free decks.

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Updated 3-Unit Triplex
Updated 3-Unit Triplex

409 Sherman St, North Mankato, MN 56003

$350,000
2,184 sqft

Three renovated apartments provide a consistent two-bedroom, one-bathroom layout across the property.

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Campground With On-Site Residence
Campground With On-Site Residence

41392 520th St, North Mankato, MN 56003

$1,800,000

Outdoor hospitality property with RV and tent sites, cabins, guest amenities, and an owner residence.

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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 9 Active listings in North Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Licensed Duplex
Licensed Duplex

520 S 2nd Street, Mankato, MN 56001

$550,000
3,000 sqft 0.24 AC lot

The fully leased property has tenants covering natural gas and electricity, while ownership pays water and sewer.

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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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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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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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Off-Market Properties in North Mankato, MN

Consider similar Off-Market properties in North 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.

1935 Lor Ray Dr
MOBILE HOME PARK, TRAILER PARK

1935 Lor Ray Dr, North Mankato, MN 56003-1230

Estimated value:
$405,000
40.00 AC lot
View details
2178 Avalon Mobile Home Park
MOBILE HOME PARK, TRAILER PARK

2178 Avalon Mobile Home Park, North Mankato, MN 56003

Estimated value:
$560,000
1,503 sqft 47.54 AC lot
View details
1621 Colony Ct
Multifamily properties

1621 Colony Ct, North Mankato, MN 56003

Estimated value: by Request
172,464 sqft
View details
2056 Round Table Rd
MOBILE HOME PARK, TRAILER PARK

2056 Round Table Rd, North Mankato, MN 56003-4413

Estimated value: by Request
1,809 sqft
View details
1900 Lancelot Ln
MOBILE HOME PARK, TRAILER PARK

1900 Lancelot Ln, North Mankato, MN 56003-4400

Estimated value:
$60,000
1,456 sqft 0.03 AC lot
View details
1925 Lancelot Ln
MOBILE HOME PARK, TRAILER PARK

1925 Lancelot Ln, North Mankato, MN 56003-4406

Estimated value:
$65,000
1,216 sqft 0.03 AC lot
View details
212 Kingsway Dr
MOBILE HOME PARK, TRAILER PARK

212 Kingsway Dr, North Mankato, MN 56003-1216

Estimated value: by Request
924 sqft 0.02 AC lot
View details
141 Kingsway Dr
MOBILE HOME PARK, TRAILER PARK

141 Kingsway Dr, North Mankato, MN 56003-1207

Estimated value: by Request
696 sqft 0.02 AC lot
View details
177 Kingsway Dr
MOBILE HOME PARK, TRAILER PARK

177 Kingsway Dr, North Mankato, MN 56003-1213

Estimated value: by Request
1,456 sqft 0.03 AC lot
View details
144 Kingsway Dr
MOBILE HOME PARK, TRAILER PARK

144 Kingsway Dr, North Mankato, MN 56003-1206

Estimated value: by Request
1,248 sqft 0.03 AC lot
View details
2111 Excalibur Rd
MOBILE HOME PARK, TRAILER PARK

2111 Excalibur Rd, North Mankato, MN 56003-4428

Estimated value: by Request
1,216 sqft 0.03 AC lot
View details
2169 Excalibur Rd
MOBILE HOME PARK, TRAILER PARK

2169 Excalibur Rd, North Mankato, MN 56003-4430

Estimated value: by Request
1,431 sqft 0.03 AC lot
View details

North Mankato, MN Multifamily Properties Market Trends and Statistics

Explore 21 multifamily properties for sale in North Mankato, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 16,242 square feet of properties for sale, with an estimated market value of $11,650,000.

Sale prices for multifamily properties in North Mankato, MN start at $350,000, averaging $1,456,250, and reaching up to $2,600,000 — 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 5
Duplexes 2
Triplexes 2
Short term rental properties 1

Demographics Overview

Population 15K
Population Growth (5Y) +4.9%
Median Household Income $80,587
College Educated 56.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Mankato - 56003 $1.9M

Property Size Breakdown

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

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