720 N 2nd Street, Mankato, MN 56001

Local realty services provided by:ERA Gillespie Real Estate
720 N 2nd Street,Mankato, MN 56001
$199,900
  • - Beds
  • 1 Baths
  • 1,918 sq. ft.
  • Multi-family
  • Active
Listed by:angie vaneman lynchMain: 507-345-4040
Office:american way realty
MLS#:7038353
Source:MN_RASM

Price summary

  • Price:$199,900
  • Price per sq. ft.:$104.22

About this home

Updated duplex in a convenient downtown Mankato location! The main floor unit offers 1BR/1BA with a porch/office space and newer flooring, leased at $875/month through next summer. The upper unit features 2BR/1BA with an eat-in kitchen and fresh updates, previously rented at $975/month and currently vacant—perfect for a new tenant or owner-occupant. Each unit has private in-unit laundry, plus a 16’x26’ garage with a brand-new roof (2025). Licensed for up to 5 unrelated occupants per unit, this property is a prime income opportunity with strong rental history and downtown convenience.

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Home facts

  • Listing Id #:7038353
  • Added:1 day(s) ago
  • Updated:August 19, 2025 at 04:50 AM

Rooms and interior

  • Total bathrooms:1
  • Living area:1,918 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt Shingles
  • Building area:1,918 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:City
  • Sewer:City Sewer

Finances and disclosures

  • Price:$199,900
  • Price per sq. ft.:$104.22
  • Tax amount:$2,316