108 Parsons Street, Mankato, MN 56001

Local realty services provided by:ERA Gillespie Real Estate
108 Parsons Street,Mankato, MN 56001
$219,900
  • 4 Beds
  • 3 Baths
  • 2,238 sq. ft.
  • Single family
  • Active
Listed by: chad ziemke
Office: century 21 atwood
MLS#:7003401
Source:NSMLS

Price summary

  • Price:$219,900
  • Price per sq. ft.:$98.26

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

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Home facts

  • Year built:1908
  • Listing ID #:7003401
  • Added:1 day(s) ago
  • Updated:December 31, 2025 at 01:10 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Living area:2,238 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1908
  • Building area:2,238 sq. ft.
  • Lot area:0.07 Acres

Utilities

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

Finances and disclosures

  • Price:$219,900
  • Price per sq. ft.:$98.26
  • Tax amount:$1,874 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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