309 State Street Mankato, MN ^$ 242,500

309 State Street

^$ 242,500

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Recently Listed

309 State Street

Mankato, MN, 56001

^$ 242,500

Bedrooms4 Baths2.0 Sq 2,320

Monthly Estimate*

^$ 1,694

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Multi-Family Home for sale in Mankato, MN

for $242,500 with 4 bedrooms and 2 full baths. This 2,320 square foot home was built in 1911 on a lot size of 0.11.

Great rental investment property with 5 unrelated rental license! Near shopping, schools & trails. Many updates have been made to this property: furnace (boiler), siding, some new windows, paint, lighting & updated bathrooms. Units share washer & dryer in the basement.

Multi-Family Active

Price

^$ 242,500

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,120

Style

Duplex Up and Down

Lot Size

0.11

Year Built

1911

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

6517090

Features

General

Sewer City Sewer/Connected

Heating Boiler

Roof Asphalt

Garage Spaces 2

Construction Materials Aluminum Siding

Year Built 1911

Tenant Pays Electricity

Levels Two

Property SubType Duplex Up and Down

Tax Year 2024

Gross Income 19200

Accessibility None

County Blue Earth

Operating Expense 16440

Insurance Expense 2400

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Van Brunts Add Blk 1 To 10

Directions Stoltzman Road – Van Brunt St – Record St – State St

City Mankato

Buyer Agent Compensation 2.50

High School District Mankato

Total Units 2

Street Name State

Land Lease Y/N N

Tax Annual Amount 3120

Electric Expense 0

Fuel Expense 1500

Trash Expense 0

Water Sewer Expense 1500

Additional Parcels Y/N N

Days on Market 2

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2320

Street Suffix Street

Below Grade Finished Area 0

Fuel Natural Gas

Garage Dimensions 20X26

Garage Square Feet 520

Exterior

Water Source City Water/Connected

Lot Size Area 0.11

Lot Dimensions 33X140

Lot Size Units Acres

Foundation Area 1115

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 309

* Excluded Features

List By

Landmark Realtors, Llc

Broker

ericka@c21landmarkrealtors.com

Affordability Calculator

$1,954

Per Month

Monthly Principal & Interest: $1,694
Monthly Property Taxes: $260
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Mankato, MN

Average List Price ^$388,445

Percent of Sale Price 60%

About Mankato, MN

43,114 Population

28% Since 2002

^$46,560 Median Income

29.28 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708596 Elementary School

708778 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$242,500		Listed Price

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309 State Street, Mankato, MN, 56001 is a Multi-Family Home for sale at $242,500 with 2,320 sqft and a lot size of 0.11. 309 State Street has 4 bedrooms, 2.0 baths, and was built in 1911. The property's zip code is 56001 which is in Mankato, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

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.

Data is updated as of 4/30/2024.

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309 State Street

Multi-Family Home for sale in Mankato, MN

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