Home For Sale In Mankato, Minnesota

house for sale

Listed: 04/05/24

217 East Liberty Street, Mankato, MN 56001, USA

10 Bed:

6 Bath:

6,283 Sq Ft Living Area:

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Price

$ 525,000

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About This House

Welcome to your next investment opportunity in the heart of a bustling city! This six-unit complex, primely situated near downtown, schools, and the Mankato State University, presents an enticing prospect for savvy investors seeking substantial returns. Although in need of complete rehabilitation, this property holds immense potential for lucrative returns once the renovations are completed. This six-unit complex presents an exceptional investment opportunity for those willing to undertake the necessary renovations. With its prime location, strong rental market, and potential for significant returns, this property is a promising addition to any investor's portfolio. Don't miss out on the chance to transform this property into a lucrative income-generating asset in the heart of the city!

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Houses for sale in Mankato

Original listing

Mankato Housing & Living

Household Income

Median household income: $45,035

Number of households: 16,029

The average household income in Mankato, MN grew from $43,808 to $45,035 in the past year. This data is an estimate based upon 16,029 households in Mankato, MN.
The chart below presents how household income is distributed in Mankato, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mankato, MN compared to median property taxes around the country. The prevalent amount of property taxes in Mankato, MN equals $800-$1,500 , which is less than the national average.