Triplex

Mankato, MN Triplexes for Sale

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North Mankato, MN Saint Clair, MN Eagle Lake, MN Madison Lake, MN Good Thunder, MN Kasota, MN Saint Peter, MN Lake Crystal, MN
Occupied Triplex
Updated: May 6
Occupied Triplex

1104 N 5th Street, Mankato, MN 56001

$280,000
1,225 sqft 0.24 AC lot
Three residential units are currently occupied
Tenants pay all utilities
1,225 square feet on 0.24 acres
R2 zoning in Mankato, MN
Built in 1896 with oil heating
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Triplex with Updated Interiors
Updated: Apr 12
Triplex with Updated Interiors

1035 Thompson Ravine Rd, Mankato, MN 56001

Contact for pricing
3,670 sqft
Three‑unit property with 8 bedrooms and 4 bathrooms
3,670 SF triplex on over an acre lot
All units are currently leased
Tenants pay all utilities
New flooring, paint, and furnace
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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.

Updated Triplex with Private Parking
Updated Triplex with Private Parking

213 Main Street E, Young America, MN 55397

$374,900
3,762 sqft 0.12 AC lot

Fully rented three-unit property with coin-operated laundry and convenient access to Hwy 212.

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Updated Three-Unit Multifamily Property
Updated Three-Unit Multifamily Property

213 Main St E, Young America, MN 55397

$374,900
3,762 sqft

Fully occupied building with on-site coin-operated laundry and a dedicated private parking lot.

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Triplex Multifamily Property
Triplex Multifamily Property

610 3rd Ave Se, Waseca, MN 56093

$174,800
1,071 sqft

Three residential units are situated near parks, schools, local services, and downtown Waseca.

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Triplex with Basement
Triplex with Basement

610 SE 3rd Avenue, Waseca, MN 56093

$174,800
0.20 AC lot

Three-unit residential property with forced-air heating and a shingle roof.

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Mankato, MN Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Mankato, MN on our real estate platform. These investment opportunities span a total of 4,895 square feet of properties for sale, with an estimated market value of $280,000.

Sale prices for three-family homes in Mankato, MN average $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

Commercial property segments ranked by active listings on the market

Apartment buildings 15
Duplexes 13
Quadplexes 3
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 $280K

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%

Property Size Breakdown

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

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