Quadplex

Mankato, MN Quadplexes for Sale

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North Mankato, MN Saint Clair, MN Eagle Lake, MN Madison Lake, MN Good Thunder, MN Kasota, MN St Peter, MN Lake Crystal, MN
Renovated Mankato Townhome Quadplex
Updated: Apr 3
Renovated Mankato Townhome Quadplex

412 Holly Lane, Mankato, MN 56001

$1,195,000
0.44 AC lot
Fully renovated, fully occupied 4‑unit townhome property with immediate rental income stability
Each unit features 3 bedrooms and has been updated with new stainless steel appliances, cabinetry, and granite countertops
Recent upgrades include updated plumbing and lighting, new fixtures, and new tile flooring, fresh paint, and plush carpet
High‑efficiency mechanicals: furnace, A/C condenser, and tankless water heater, plus each unit has its own high‑efficiency washer and dryer
Single‑stall garage with keyless entry and private rooftop deck with maintenance‑free decking
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Four-Unit Residential Property with Newer Roof
Updated: Apr 17
Four-Unit Residential Property with Newer Roof

303 N Broad Street, Mankato, MN 56001

$375,000
0.15 AC lot
Turnkey 4‑unit property with 4,000+ sq ft: one 2‑bedroom unit and three 1‑bedroom units, each with full bathrooms
Current rental income of $3,075/month; tenants pay electric and Wi‑Fi to help offset owner expenses
Bottom two units will be available in August (24‑hour notice to tour)
Newer roof from 2019; shingle roofing and oil heating
Shared on‑site laundry on the first floor, plus main floor laundry listed
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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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Cash-Flowing 4-Plex Investment
Cash-Flowing 4-Plex Investment

5705 Lyndale Avenue S, Minneapolis, MN 55419

$519,900
3,128 sqft 0.14 AC lot

Well-maintained four-unit building with coin-op laundry, off-street parking, and separate utility metering.

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Historic 4-Plex Residential Income
Historic 4-Plex Residential Income

804 S 4th Street, Saint Peter, MN 56082

$389,000
3,008 sqft 0.25 AC lot

Well-maintained four-unit property features recent exterior and mechanical updates plus coin-operated laundry.

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Updated Triplex with Patio
Updated Triplex with Patio

3535 Irving Avenue S, Minneapolis, MN 55408

$899,900
4,165 sqft 0.15 AC lot

Owner-occupied tri-plex with a non-conforming lower-level unit, updated systems, and a backyard patio.

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Mankato, MN Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in 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 $1,570,000.

Sale prices for four-unit buildings in Mankato, MN start at $375,000, averaging $785,000, and reaching up to $1,195,000 — 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

Duplexes 7
Apartment buildings 4
Quadplexes 2
Triplexes 2

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 $785K

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%

Listings Trend

New vs delisted commercial listings in Blue Earth County

New Delisted

Property Size Breakdown

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

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