2005 7th Avenue, Mankato, MN 56001
Blue Earth County
Key Facts
Description
Investment opportunity in Mankato! This duplex offers strong income potential and endless possibilities for the right buyer. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or renovate and increase value, this property is full of opportunity. Each unit provides functional living space with the chance to add your own updates and improvements. Conveniently located in Mankato near shopping, dining, parks, and schools, this property is a great chance to build equity and generate rental income. Don’t miss out on this versatile investment property with tons of potential!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Duplex - Up & Down
Year Built
1881
Living Area
1,714 sq ft
Lot Size
0.16 acres
Lot Dimensions
50x140
Days on Market
34
MLS® Listing#
7040357
Property Features
- Heating:
- Natural Gas, Forced Air
- Basement:
- Partially Finished, Full
- Construction:
- Vinyl Siding
- Roof:
- Asphalt
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- District:
- Mankato #77
HOA & Tax
- Annual Tax:
- $2,882 (2026)
- Parcel #:
- R01-09-06-328-003
Directions
North Riverfront Drive to Third Ave. Third Ave to Harper Street. Turn right onto 7th Avenue.
Affordability Calculator
$36,500
Estimated monthly payment
$971/mo
Principal $146,000 · Est. interest $203,683 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mankato, MN
- $395,429
- Median Listing Price
- 77
- Median Days on Market
- 2,150
- Median Sq Ft
- $175
- Median Price / Sq Ft
- 410
- Active Listings
- This home’s price is 54% below the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mankato, MN.
Location
- 2005 7th Avenue, Mankato, MN 56001
Nearby Schools
Grace Baptist Church
School · 0.1 mi away
RSL Elementary School
Elementary · 0.9 mi away
Franklin Elementary School
Elementary · 0.9 mi away
Garfield Elementary School
Elementary · 1.0 mi away
Monroe Elementary School
Elementary · 1.0 mi away
Immanuel Lutheran School
School · 1.2 mi away
Immanuel Lutheran Church-CLC
Elementary · 1.2 mi away
5c's Preschool
School · 1.3 mi away
Loyola Catholic School
School · 1.3 mi away
Ive Seminary High School
Secondary · 1.5 mi away
Prairie Winds Middle School
School · 1.5 mi away
Mankato Area Public Schools
Secondary · 1.5 mi away
Schools-Mankato Area Public Schools-District No 77 Special Education
School · 1.5 mi away
Futures Program
School · 1.5 mi away
Kato Public Charter School
Secondary · 1.6 mi away
Good Shepherd Lutheran School
School · 2.0 mi away
Washington Elementary
Elementary · 2.0 mi away
Central High School
Secondary · 2.1 mi away
Mankato West High School
Secondary · 2.1 mi away
Dakota Meadows Middle School
Secondary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Mankato
Listing Courtesy: CENTURY 21 ATWOOD