North Mankato, MN Residential Income Properties for Sale

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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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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

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

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

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

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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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 27 Potential Opportunities for your consideration. Besides 7 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

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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8-Unit Apartment Building

415 S Broad Street, Mankato, MN 56001

Contact for pricing

3,114 sqft

Eight apartments offer four- and five-bedroom layouts suited to student and family occupancy.

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8-Unit Apartment Building

415 S Broad Street, Mankato, MN 56001

$2,000,000

Fully leased through July 14, 2027, with four- and five-bedroom units near Minnesota State University, Mankato.

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Remodeled Mixed-Use Property

500 S 2nd St, Mankato, MN 56001

$5,750,000

Downtown mixed-use complex combines remodeled apartments, commercial space, and shared elevator access.

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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.

Belvista Hill Buildable Lot

Belvista Drive, North Mankato, MN 56003

Contact for pricing

0.30 AC lot

Buildable lot with skyline view in North Mankato.

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Residential Land in Mankato, MN

Saratoga Street, Mankato, MN 56001

$168,000

5.80 AC lot

5.8 acre residential land parcel zoned for single-family development.

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Mankato Multifamily Development Site

Agency Trail, Mankato, MN 56001

$450,000

1.44 AC lot

1.44 acre development site ideal for multifamily housing.

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Residential Land in Lake Crystal

Edgewater Road, Lake Crystal, MN 56055

$90,000

3.30 AC lot

3.3 acre residential land for sale in Lake Crystal, MN.

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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

Estimated value:

$405,000

40.00 AC lot

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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

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Multifamily properties

1621 Colony Ct, North Mankato, MN 56003

Estimated value: by Request

172,464 sqft

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MOBILE HOME PARK, TRAILER PARK

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

Estimated value: by Request

1,809 sqft

View details

MOBILE HOME PARK, TRAILER PARK

1900 Lancelot Ln, North Mankato, MN 56003-4400

Estimated value:

$60,000

1,456 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

1925 Lancelot Ln, North Mankato, MN 56003-4406

Estimated value:

$65,000

1,216 sqft 0.03 AC lot

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MOBILE HOME PARK, TRAILER PARK

212 Kingsway Dr, North Mankato, MN 56003-1216

Estimated value: 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

Estimated value: 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

Estimated value: 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

Estimated value: 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

Estimated value: 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

Estimated value: by Request

1,431 sqft 0.03 AC lot

View details

North Mankato, MN Residential Income Properties Market Trends and Statistics

Explore 19 residential income properties for sale in North Mankato, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 10,018 square feet of properties for sale, with an estimated market value of $10,625,000.

Sale prices for residential income properties in North Mankato, MN start at $350,000, averaging $1,770,833, 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

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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