North Mankato, MN Multifamily properties for sale

Updated: Dec 12, 2025

Mixed-Use Property With Five Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000

Five apartments occupy the upper levels
Main‑level retail suite currently operates as a skin and spa clinic
Contemporary finishes and curated lighting in the retail area
Large display windows provide a defined storefront presence
Apartments feature open layouts and abundant natural light

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Updated: Aug 10

Mixed-Use Building with Five Apartments

235 - 237 Belgrade Ave, North Mankato, MN 56003

$2,600,000

7,846 sqft

Five apartments occupy the upper levels
Main‑level retail suite currently operates as a skin and spa clinic
7,846 property size
Large display windows and curated lighting at the commercial frontage
Modern apartment interiors with open layouts and abundant natural light

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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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Mixed-Use Property with Apartments

237 Belgrade Ave, North Mankato, MN 56003

Contact for pricing

Existing medical spa space is paired with five apartments, offering a combination of commercial and residential income uses.

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Bi-Level Multifamily Property

15 Omega Ct, North Mankato, MN 56003

Contact for pricing

The layout includes updated bath finishes, a gas fireplace, and a fenced rear yard.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 5 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.

Duplex Property with Rented Garage

520 S 2nd Street, Mankato, MN 56001

$500,000

3,000 sqft 0.24 AC lot

CBDF zoning supports commercial or residential use.

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Duplex with Two Residential Units

2005 7th Ave, Mankato, MN 56001

$182,500

1,714 sqft

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

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Updated Duplex Property

1655 Valley View Dr, Mankato, MN 56003

$299,900

1,780 sqft

Current duplex rental licensing complements an updated four-bedroom home with laundry service on both levels.

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Up-and-Down Duplex

2005 7th Avenue, Mankato, MN 56001

$182,500

0.16 AC lot

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

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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.

MOBILE HOME PARK, TRAILER PARK

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

$405,000

Estimated value

40.00 AC lot

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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

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Multifamily properties

1621 Colony Ct, North Mankato, MN 56003

Value Estimation by Request

172,464 sqft

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MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

1,809 sqft

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MOBILE HOME PARK, TRAILER PARK

1900 Lancelot Ln, North Mankato, MN 56003-4400

$60,000

Estimated value

1,456 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

1925 Lancelot Ln, North Mankato, MN 56003-4406

$65,000

Estimated value

1,216 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

212 Kingsway Dr, North Mankato, MN 56003-1216

Value Estimation by Request

924 sqft 0.02 AC lot

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MOBILE HOME PARK, TRAILER PARK

141 Kingsway Dr, North Mankato, MN 56003-1207

Value Estimation by Request

696 sqft 0.02 AC lot

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MOBILE HOME PARK, TRAILER PARK

177 Kingsway Dr, North Mankato, MN 56003-1213

Value Estimation by Request

1,456 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

144 Kingsway Dr, North Mankato, MN 56003-1206

Value Estimation by Request

1,248 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

2111 Excalibur Rd, North Mankato, MN 56003-4428

Value Estimation by Request

1,216 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

2169 Excalibur Rd, North Mankato, MN 56003-4430

Value Estimation by Request

1,431 sqft 0.03 AC lot

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North Mankato, MN Multifamily Properties Market Trends and Statistics

Explore 17 multifamily properties for sale in North Mankato, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,846 square feet of properties for sale, with an estimated market value of $7,000,000.

Sale prices for multifamily properties in North Mankato, MN start at $1,800,000, averaging $2,333,333, 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.

Neighborhood	Average Price
Mankato - 56003	$2.3M

Neighborhood

Average Price

Mankato - 56003

$2.3M