100 Meadow Lane
Mankato, MN, 56001 $ 379,995
Bedrooms4 Baths2.1 Sq 3,026 Monthly Estimate*
$ 2,340
for $379,995 with 4 bedrooms and 2 full baths, 1 half bath. This 3,026 square foot home was built in 1968 on a lot size of 0.17.
Rare opportunity with built-in income potential, main-level living, and unmatched flexibility! This standout property offers 4 bedrooms, 3 baths, and a highly adaptable layout designed to fit a wide range of lifestyles and investment strategies. Currently used as a single-family home, it functions beautifully as such while offering an easy conversion to an income-producing property if desired. The main level features two expansive living areas, three bedrooms, and convenient main-floor laundryâmaking it an excellent option for those seeking true main-level living without sacrificing space. A walk-through bath connects directly to the primary suite, adding both comfort and functionality. The lower level takes this home to another level with a private exterior entrance and a fully equipped setup including a full kitchen, large living/family room, bedroom, bonus room, second laundry area, and a ¾ bath with tiled showerâperfect for extended living or maximizing rental potential. What truly sets this property apart is its ACTIVE RENTAL LICENSEâready for immediate use. Whether you're looking to owner-occupy while generating income, expand your investment portfolio, or simply enjoy the flexibility of additional living space, this property is positioned to deliver. Licensed, flexible properties close to amenities like this are rarely available and highly sought after â donât miss out! Key updates include a new roof (2022), furnace (2018), and siding (2010), offering added peace of mind. Outside, youâll find a fenced yard and a shed with electricityâideal for storage, hobbies, or a workspace. Located just minutes from campus, shopping, and dining, this property combines location, functionality, and income potential in one compelling package.
See more
FeaturesGeneralHeating Forced Air
Cooling Central
Roof Asphalt Shingles
Water City
Sewer City
Appliances Dishwasher Dryer Refrigerator Washer
Amenities Ceiling Fans Washer/Dryer Hookups
Status Active ACTIVE
3/4 Baths 2
Full Baths 0
Half Baths 1
Year Built 1968
Style SF Single Family
Stories Count 1 Story
Road Frontage City
Subdivision MN
Sale/Rent For Sale
School District Mankato #77
See more
InteriorFireplace Type Wood Burning
Fireplace Yes
Dining Room Informal Dining Room
1/4 Baths 0
Basement Material Concrete Block
Basement Style Full
Basement Features Egress Windows Finished Sump Pump
Finished SqFt Above Grade 1568
Finished SqFt Below Grade 1458
See more
ExteriorExterior Vinyl
Waterfront No
Lot Size Area 0.17
Garage Capacity 1
Outbuildings Storage Shed
Construction Type Frame/Wood
Garage Type Attached
Exterior Amenities Patio Porch
See more
* Excluded FeaturesList Byjeremy@truerealestatemn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,340
- Monthly Property Taxes
- $349
- 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.
Learn more about how to save NearbySingle family listings in Mankato, MN
Average List Price $450,906
Percent of Sale Price 19%
About Mankato, MN 43,114 Population
28% Since 2002
$ 46,560 Median Income
29.28 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1357867 Elementary School
1357964 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $379,995 | | Listed Price |