8
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$2,100,000
Est. payment /mo
10,454 Sqft Lot
Active
123 N 4th ST Mankato, MN 56001
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mankato
MLS Listing ID 7049981
Year Built 1926
Annual Tax Amount $24,063
Tax Year 2026
Contingent Other
Lot Size 10,454 Sqft
Lot Dimensions 158x67
Property Description
28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.
Location
State MN
County Blue Earth
Zoning Residential-Multi-Family
Interior
Heating Boiler
Inclusions Building
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Separate
Present Use Residential
Building
Story Three Or More
Foundation 5412
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
New Construction false
Schools
School District Mankato
Listed by Shawna Wolfe • Keller Williams Premier Realty
NEARBY SCHOOL & BUSINESS
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