1104 N 5th Street Mankato, MN $ 280,000
1104 N 5th Street
$ 280,000
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1104 N 5th Street

Mankato, MN, 56001
$ 280,000
Bedrooms5 Baths2.0 Sq 2,330

Monthly Estimate*

$ 1,724

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Multi-Family Home for sale in Mankato, MN

for $280,000 with 5 bedrooms and 2 full baths. This 2,330 square foot home was built on a lot size of 0.24.

Opportunity knocks with this cash-flow tri-plex! Strong performing rental property generating $34,680 in annual gross rental income with an attractive cap rate potential at current list price. All three units currently occupied with established rental income in place. Tenants pay all utilities! Excellent opportunity for investors seeking immediate cash flow with future rental upside potential. Property offers a diverse unit mix with strong tenant appeal and a price point difficult to find in today’s multifamily market. Whether adding to an existing portfolio or entering multifamily investing for the first time, this property offers solid income, long-term appreciation potential, and strong demand in the area. Attractive price point, solid income history, and versatile occupancy options make this a property you won’t want to miss!

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Multi-Family Active

Price

$ 280,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,320

Style

Triplex

Lot Size

0.24

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7040188

Features
General
Heating Boiler
Roof Asphalt Shingles
Water City
Sewer City
HOA Fee No
Status Active ACTIVE
Style Triplex
Stories Count 2 Story
Construction Status Previously Owned
Road Frontage City
Subdivision MN
Sale/Rent For Sale
School District Mankato #77
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Exterior
Garage Spaces 3
Exterior Brick
Waterfront No
Lot Size Area 0.24
Construction Type Frame/Wood
Number of Off Street Parking 3
Garage Type Detached
Exterior Amenities Driveway - Concrete
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Interior
Basement Material Stone
1/2 Baths Unit 1 0
1/2 Baths Unit 2 0
1/2 Baths Unit 3 0
1/4 Baths Unit 1 0
1/4 Baths Unit 2 0
1/4 Baths Unit 3 0
3/4 Baths Unit 1 0
3/4 Baths Unit 2 0
3/4 Baths Unit 3 0
Basement Style Full
Basement Features Unfinished
A/C Unit 1 Window
A/C Unit 2 Window
A/C Unit 3 Window
Appliances Unit 3 Range/Stove Refrigerator
Finished SqFt Above Grade 1225
Finished SqFt Below Grade 0
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* Excluded Features
List By
Connect Real Estate Group

Broker

christa@connectmankato.com

Email

Affordability Calculator

$2,084
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,724
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/11/2026$280,000 Listed Price

Map


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1104 N 5th Street, Mankato, MN, 56001 is a Multi-Family Home for sale at $280,000 with 2,330 sqft and a lot size of 0.24. 1104 N 5th Street has 5 bedrooms and 2.0 baths. The property's zip code is 56001 which is in Mankato, MN