129 W Ruth Street, Mankato, MN 56001
Blue Earth County
Key Facts
Description
Tucked away on a cul-de-sac in the heart of Mankato, this rare and versatile investment opportunity is packed with character, space, and endless potential! Situated on TWO parcels, this expansive 4 bedroom, 2 bathroom property offers an incredible blend of charm and functionality with soaring tall ceilings, spacious rooms, and abundant natural light throughout. The home features updated appliances, generous living areas, and a flexible floor plan perfect for investors, owner-occupants, or multi-generational living. With kitchens already located on both the main and second floors, the property has excellent duplex potential with the simple addition of a couple doors, creating an outstanding opportunity for separate living spaces. Outside, you’ll love the backyard offering endless room for entertaining, gardening, or future expansion, along with a large back deck perfect for summer gatherings and relaxing evenings. A detached garage adds even more convenience and storage space. Located close to shopping, restaurants, parks, and schools, this unique property combines investment potential, classic character, and everyday functionality all in one impressive package!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
SF Single Family
Year Built
1920
Living Area
2,998 sq ft
Lot Size
0.33 acres
Lot Dimensions
137x150x45x155
Garage Spaces
1
Days on Market
49
MLS® Listing#
7040233
Property Features
- Appliances:
- Cooktop, Range, Refrigerator, Gas Water Heater
- Cooling:
- Central Air
- Heating:
- Natural Gas, Forced Air
- Flooring:
- Hardwood
- Basement:
- Unfinished, Full
- Patio:
- Deck
- Lot Features:
- Cul-De-Sac, Irregular Lot
- Construction:
- Wood Siding
- Roof:
- Asphalt
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- District:
- Mankato #77
HOA & Tax
- Annual Tax:
- $2,224 (2026)
- Parcel #:
- R01.09.05.352.003, R010905352002
Directions
From Riverfront Drive, turn west onto Ruth Street. Property is on the left.
Affordability Calculator
$32,980
Estimated monthly payment
$878/mo
Principal $131,920 · Est. interest $184,040 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 58% below the area median.
- Its price per sq ft is 69% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mankato, MN.
Location
- 129 W Ruth Street, Mankato, MN 56001
Nearby Schools
Franklin Elementary School
Elementary · 0.6 mi away
Loyola Catholic School
School · 0.7 mi away
Grace Baptist Church
School · 0.7 mi away
Immanuel Lutheran School
School · 1.0 mi away
Immanuel Lutheran Church-CLC
Elementary · 1.0 mi away
RSL Elementary School
Elementary · 1.2 mi away
Garfield Elementary School
Elementary · 1.2 mi away
Ive Seminary High School
Secondary · 1.3 mi away
Monroe Elementary School
Elementary · 1.3 mi away
Kato Public Charter School
Secondary · 1.4 mi away
Prairie Winds Middle School
School · 1.5 mi away
Mankato Area Public Schools
Secondary · 1.5 mi away
Washington Elementary
Elementary · 1.5 mi away
God's Little Angels
School · 1.7 mi away
5c's Preschool
School · 1.9 mi away
Central High School
Secondary · 2.1 mi away
Schools-Mankato Area Public Schools-District No 77 Special Education
School · 2.1 mi away
Futures Program
School · 2.1 mi away
Kennedy Elementary School
Elementary · 2.1 mi away
Mankato West High School
Secondary · 2.2 mi away
Commute Calculator
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EXIT Agents in Mankato
Listing Courtesy: TRUE REAL ESTATE - Office: 507-345-8783