$2,100,000

123 N 4th Street, Mankato MN, 56001

Built in1926

Property typeCommercial

Courtesy of Keller Williams Premier Realty, Shawna L. Wolfe Listing Contact:

Overview

Active

Listed Apr 6, 2026

Updated 9 days ago

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.

Other Property Details

Taxes: $24,063
Tax Frequency: Annually

Listings courtesy of Northstar MLS as distributed by MLS GRID

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