520 S 2nd Street, Mankato, MN 56001

Mankato
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
520 S 2nd Street,Mankato, MN 56001
$550,000
  • 9 Beds
  • 5 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: kevin goettl
Office: re/max results
MLS#:7098936
Source:NSMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$137.5

About this home

This spacious 9 bedroom 5 bath licensed duplex is fully leased up. Tenants pay natural gas & electric owner pays w/s. Rent is $5015/month. Located in an "OPPORTUNITY ZONE"! Rents- 1 lease covers both units $4500/month, garage $150/month, surface parking $365/month. 8.6 CAP.

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Home facts

  • Year built:1884
  • Subdivision & Development:Auditors 1
  • Listing ID #:7098936
  • Added:95 day(s) ago
  • Updated:September 28, 2026 at 12:58 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Year built:1884
  • Building area:3,000 sq. ft.
  • Lot area:0.24 Acres
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$137.5
  • Tax amount:$5,260 (2026)

Parking

  • Parking description:Assigned, Parking Lot
  • Garage:Yes
  • Garage spaces:2
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