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For Sale:  Mankato MLS# 7121097

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Active NEW!
$250,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1884
2,358 sqft • 0.145 acres
Mankato schools
MLS# 7121097
763-576-8286
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    Property Description

    Here's your opportunity to own a character-filled investment property with timeless curb appeal and solid updates. This spacious up/down duplex features an impressive original brick exterior, stunning woodwork, and architectural details that are hard to find—including a distinctive spire that makes this property an unforgettable local landmark. Each spacious unit offers 2 bedrooms, 1 bathroom, separate utilities, and its own washer and dryer, making management simple and convenient for both owner and tenants. Rich original woodwork, tall ceilings, and historic charm create inviting living spaces that tenants will appreciate. Outside, you'll find a large backyard and a rare triple detached garage, providing plenty of parking and storage. Major improvements have already been completed, including newer windows, roof, and gutters—all approximately four years old. The iconic spire was professionally painted at the same time, and the interior was refreshed with updated ceiling fans and light fixtures throughout. A walk-up attic provides exceptional storage and offers future potential. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this well-maintained duplex blends historic character with practical updates and strong income-producing potential. Opportunities to own a property with this much charm, space, and architectural presence don't come along often.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $250,000
    Price per sq ft: $106
    Property Type: Multi-family
    City: Mankato
    Garage Spaces: 3
    County: Blue Earth
    Year Built: 1884
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56001
    Subdivision Name: Mankato

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,358 ft2
    Living Area: 2,358 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 720 ft2
    Foundation Size: 1,179 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    • Parking Garage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Lower Level
    • Upper Level
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.145
    Geolocation: 44.171433, -93.995628
    Lot Dimensions: 40 x 158
    Zoning: Residential-Multi-Family
    Lot Description:
    • Tree Coverage - Medium
    • Underground Utilities

    Schools

    School District: 77
    District Phone: 5073871868

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,322
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,322

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of True Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.