412 Holly Lane Mankato, MN $ 1,295,000
412 Holly Lane
$ 1,295,000
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412 Holly Lane

Mankato, MN, 56001
$ 1,295,000
Bedrooms12 Baths0.0 Sq 2,400

Monthly Estimate*

$ 8,079

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Multi-Family Home for sale in Mankato, MN

for $1,295,000 with 12 bedrooms. This 2,400 square foot home was built on a lot size of 0.44.

Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater. Stylish interiors include new tile flooring, plush carpeting, and fresh paint. The kitchen boasts new cabinetry with granite countertops, while the bathrooms feature marble vanities. Each unit comes equipped with a high-efficiency washer and dryer. Additional perks include a single-stall garage with keyless entry and a private rooftop deck with maintenance free decking above the garage for outdoor relaxation. Rental incomes of $2200/month per unit. Tenants pay all utilities.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 10,052

Style

Lot Size

0.44

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7038824

Features
General
Heating Forced Air
Roof Asphalt Shingles
Water City
Sewer City
Status Active ACTIVE
Style Other
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 4
Exterior Brick Wood
Waterfront No
Lot Size Area 0.44
Construction Type Frame/Wood
Garage Type Attached
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Interior
Basement Material Poured Concrete
Basement Style None
Finished SqFt Above Grade 2400
Finished SqFt Below Grade 0
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* Excluded Features
List By
True Commercial, Llc

Broker

dan@truecommercialmn.com

Email

Affordability Calculator

$8,917
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,079
Monthly Property Taxes
$838
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
10/13/2025$1,295,000 Listed Price

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412 Holly Lane, Mankato, MN, 56001 is a Multi-Family Home for sale at $1,295,000 with 2,400 sqft and a lot size of 0.44. 412 Holly Lane has 12 bedrooms and 0.0 baths. The property's zip code is 56001 which is in Mankato, MN