221 E Walnut Street Mankato, MN $ 695,000
221 E Walnut Street
$ 695,000
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221 E Walnut Street

Mankato, MN, 56001
$ 695,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,336

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Commercial Property for sale in Mankato, MN

for $695,000. This building was built in 1920.

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property’s appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don’t miss out on this low-maintenance, income-generating opportunity—schedule a showing today!

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 5,328

Style

Commercial

Year Built

1920

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7038862

Features
General
Heating Baseboard
Roof Rubber
Water City
Sewer City
Amenities Private Resident Building
Status Active ACTIVE
Year Built 1920
Road Frontage City Street
Subdivision MN
Sale/Rent For Sale
School District Mankato #77
Sale/Lease For Sale
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Exterior
Exterior Brick
Waterfront No
Construction Type Concrete Block
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Interior
Total Number of Units 6
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* Excluded Features
List By
True Commercial, Llc

Broker

dan@truecommercialmn.com

Email

Affordability Calculator

$4,780
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,336
Monthly Property Taxes
$444
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1357867 Elementary School
1357964 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$695,000 Listed Price

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221 E Walnut Street, Mankato, MN, 56001 is a Commercial Property for sale at $695,000. 221 E Walnut Street was built in 1920. The property's zip code is 56001 which is in Mankato, MN