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Photo 1 of 43 — 120 Locust Street, Mankato, MN 56001
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120 Locust Street, Mankato, MN 56001

Blue Earth County

Key Facts

1961Year Built

Description

Great investment opportunity in the heart of Mankato. This 8 - plex has a a consistent rental record. Tenants can look out over Mankato from the covered deck. New roof in 2022 and new siding in 2020.

Property Information

Property Type

Commercial Sale

Year Built

1961

Days on Market

44

MLS® Listing#

7032053

Property Features

Appliances

Refrigerator

Cooling

Window Unit(s)Ceiling Fan(s)

Heating

Natural Gas

Construction

BlockVinyl Siding

Roof

Asphalt

Sewer

Public Sewer

Water Source

Public

Schools

District:
Mankato #77

Financial Details

Annual Taxes

$7,231

Tax year 2023

Parcel Number

R01.09.18.251.015

Affordability Calculator

$179,800

Estimated monthly payment

$4,785/mo

Principal $719,200 · Est. interest $1,003,348 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Mankato, MN

$385,864
Median Listing Price
77
Median Days on Market
2,114
Median Sq Ft
$175
Median Price / Sq Ft
429
Active Listings
  • This home’s price is 133% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Mankato, MN.

Location

Map showing the location of 120 Locust Street, Mankato, MN 56001

Points of Interest in Mankato, MN

Showing the Mankato area map.

Nearby Schools

  • Kato Public Charter School

    Secondary · 0.1 mi away

  • Ive Seminary High School

    Secondary · 0.2 mi away

  • Prairie Winds Middle School

    School · 0.4 mi away

  • Mankato Area Public Schools

    Secondary · 0.4 mi away

  • Immanuel Lutheran School

    School · 0.5 mi away

  • Immanuel Lutheran Church-CLC

    Elementary · 0.5 mi away

  • Central High School

    Secondary · 0.7 mi away

  • Jefferson Elementary

    Elementary · 0.8 mi away

  • Washington Elementary

    Elementary · 0.8 mi away

  • Franklin Elementary School

    Elementary · 0.9 mi away

  • Garfield Elementary School

    Elementary · 1.0 mi away

  • Mankato West High School

    Secondary · 1.0 mi away

  • Monroe Elementary School

    Elementary · 1.1 mi away

  • RSL Elementary School

    Elementary · 1.1 mi away

  • Roosevelt Elementary School

    Elementary · 1.2 mi away

  • Bridges Community School

    School · 1.4 mi away

  • Risen Savior Lutheran School

    School · 1.4 mi away

  • Loyola Catholic School

    School · 1.8 mi away

  • Grace Baptist Church

    School · 1.8 mi away

  • Kennedy Elementary School

    Elementary · 1.9 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Mankato

Listing Courtesy: WEICHERT REALTORS, COMMUNITY GROUP - cell: 507-381-0808

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity? Program of the REALTOR® Association of So MN Multiple Listing Service. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Broker Reciprocity? logo or the Broker Reciprocity? thumbnail and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed. Copyright 2026 REALTOR® Association of So MN Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SouthernMN. MLS® Listing#7032053. © 2026EXIT Realty®. All rights reserved.