Multifamily

North Mankato, MN Multifamily Properties for Sale

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Mankato, MN Eagle Lake, MN Madison Lake, MN Kasota, MN Saint Clair, MN St Peter, MN Good Thunder, MN Cleveland, MN
Mixed-Use Property: Retail & Apartments
Updated: Dec 12, 2025
Mixed-Use Property: Retail & Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000
Mixed‑use property with modern retail space and five luxury apartments.
Upscale retail suite currently operating as a luxury skin and spa clinic.
Five well‑appointed apartments provide stable rental income.
Stylish modern apartment design with open layouts and abundant natural light.
Ideal for investors, owner‑operators, or entrepreneurs seeking a turnkey space.
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4-Bedroom Home with Duplex License
Updated: Jul 17
4-Bedroom Home with Duplex License

1655 Valley View Drive, North Mankato, MN 56003

$299,900
0.20 AC lot
4‑bedroom, 2‑bathroom home built in 1982 with basement
Main floor laundry plus laundry on the lower level
Updates include new windows, fresh paint, and new carpeting upstairs
Exterior features include a deck and concrete driveway
Forced‑air heating and a shingle roof
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Licensed Duplex with Flexible Layout
Licensed Duplex with Flexible Layout

St Peter, MN 56082

$299,900
2,098 sqft 0.25 AC lot

Licensed 6-bedroom duplex with hardwood floors, arched windows, and configuration flexibility for multiple living arrangements.

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St. Peter Victorian 4-Plex
St. Peter Victorian 4-Plex

St Peter, MN 56082

$389,000
3,008 sqft 0.25 AC lot

Historic 4-plex near downtown St. Peter and Gustavus College.

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Duplex Income Property Opportunity
Duplex Income Property Opportunity

2005 7th Avenue, Mankato, MN 56001

$182,500
0.16 AC lot

Duplex for sale in Mankato, offering two separate units within a compact lot setting.

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Mixed-Use Investment Opportunity
Mixed-Use Investment Opportunity

521 - 523 North Riverfront Drive |, Mankato, MN 56001

$735,000

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

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Commercial Development Land Parcel
Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Alexandria Lakeshore Property with Rental Opportunity
Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500
15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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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

Value Estimation by Request
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

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

1621 Colony Ct, North Mankato, MN 56003

Value Estimation 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

Value Estimation by Request
1,809 sqft
View details
1900 Lancelot Ln
MOBILE HOME PARK, TRAILER PARK

1900 Lancelot Ln, North Mankato, MN 56003-4400

Value Estimation by Request
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

Value Estimation by Request
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

Value Estimation 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

Value Estimation 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

Value Estimation 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

Value Estimation 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

Value Estimation 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

Value Estimation by Request
1,431 sqft 0.03 AC lot
View details

North Mankato, MN Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in North Mankato, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,600,000.

Sale prices for multifamily properties in North Mankato, MN start at $2,600,000, averaging $2,600,000, 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 2
Duplexes 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 $2.6M

Listings Trend

New vs delisted commercial listings in Blue Earth County

New Delisted

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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