108 Parsons Street, Mankato, MN 56001
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
108 Parsons Street,Mankato, MN 56001
$219,900
- 4 Beds
- 3 Baths
- 2,268 sq. ft.
- Single family
- Active
Listed by: chad ziemke
Office: century 21 atwood
MLS#:7003401
Source:ND_FMAAR
Price summary
- Price:$219,900
- Price per sq. ft.:$96.96
About this home
Well-Maintained 4 Bedroom, 3 Bath Investment Opportunity with 5-Unrelated Rental License! This spacious and well-updated 4-bedroom, 3-bathroom property offers a strong opportunity for investors seeking a turn-key rental. The home holds the desired 5-unrelated rental license and is currently rented through May 2026, with long-term tenants in place who have expressed interest in renewing for 2026–2027, providing built-in stability for a new owner. Recent improvements include a new furnace, new water heater, fresh exterior paint, interior paint throughout, updated flooring, and more, allowing for peace of mind and reduced near-term capital expenses. The main level features a functional common layout with two family rooms and a full kitchen, creating flexible shared living space. Upstairs are three bedrooms, including a primary suite. Each upstairs bedroom is equipped with its own cabinet featuring a sink with running water and space for a microwave and mini-fridge, adding convenience and rental appeal. The lower level includes the fourth bedroom, a private ¾ bathroom, washer and dryer, and ample storage space. A solid property with thoughtful updates, strong rental history, and future income potential—this is a great opportunity for investors looking to expand their portfolio.
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Home facts
- Year built:1908
- Listing ID #:7003401
- Added:9 day(s) ago
- Updated:January 09, 2026 at 05:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Living area:2,268 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Year built:1908
- Building area:2,268 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$219,900
- Price per sq. ft.:$96.96
- Tax amount:$1,916
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