123 N 4th ST, Mankato, MN 56001
123 N 4th ST, Mankato, MN 56001
123 N 4th ST, Mankato, MN 56001
123 N 4th ST, Mankato, MN 56001
123 N 4th ST, Mankato, MN 56001
123 N 4th ST, Mankato, MN 56001
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Brad Lacher

Brad Lacher

+1(952) 200-1994
$ 2,100,000
Est. payment | /mo

10,454 Sqft Lot

Save
$ 2,100,000
Est. payment | /mo
Save

10,454 Sqft Lot

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 SCHOOLS & PROPERTIES

Brad Lacher

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(952) 200-1994

brad@greatmnhomes.com

8604 Eagle Creek Cir, Savage, MN 55378, USA

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123 N 4th ST