Mankato, MN
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    Mankato, MN Triplexes for Sale

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    North Mankato, MN Saint Clair, MN Eagle Lake, MN
    Mankato Triplex: Investment Opportunity
    $280,000
    1,225 SF

    Mankato Triplex: Investment Opportunity

    1104 N 5th Street, Mankato, MN 56001

    Cash-flowing triplex in Mankato with established rental income.

    • Strong cash flow: Generates $33,480 in annual gross rental income.
    • Fully Occupied: All three units are currently occupied with established rental income.
    • Tenants Pay Utilities: Reduces landlord expenses.
    • Attractive Cap Rate Potential: Offers a compelling return on investment.
    • Diverse Unit Mix: Appeals to a broad range of potential tenants.
    Updated: May 6
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Furnished Triplex in Sioux Falls
    $450,000
    2,420 SF

    Furnished Triplex in Sioux Falls

    Triplex with flexible rental potential near amenities in Sioux Falls.

    2504 S Summit Ave, Sioux Falls, SD 57105
    View details
    Updated Triplex in Sioux City
    $207,000
    1,584 SF

    Updated Triplex in Sioux City

    Well-maintained triplex with updated units, ideal for investment.

    518 S Helen St., Sioux City, IA 51106
    View details
    Sioux Falls Triplex Investment Opportunity
    $275,000
    2,948 SF

    Sioux Falls Triplex Investment Opportunity

    Triplex near downtown Sioux Falls with income potential.

    624 W 11th St, Sioux Falls, SD 57104
    View details
    Sioux City Triplex For Sale
    $230,000
    2,772 SF

    Sioux City Triplex For Sale

    Fully rented triplex in midtown Sioux City, Iowa.

    1215 FLOYD BLVD, Sioux City, IA 51104
    View details

    Mankato, MN Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Mankato, MN on our real estate platform. These investment opportunities span a total of 1,225 square feet of properties for sale, with an estimated market value of $280,000.

    Sale prices for three-family homes in Mankato, MN start at $280,000, averaging $280,000, and reaching up to $280,000 — 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

    Apartment buildings 6
    Duplexes 4
    Quadplexes 2
    Triplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    56001 $280K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $31.30 per sq ft
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

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