204 North 5th Street

Mankato, MN 56001

$400,000
Price
—
Beds
2,766 Sq. Ft.
$145 / Sq. Ft.
2,766
Sq. Ft.
$145
per Sq. Ft.

Description

Gorgeous Victorian house, currently a 4-plex for sale in a prime rental location, with easy access to downtown and campus. This property is great for investors seeking a lucrative addition to their portfolio. With a total of 8 bedrooms, and 4 bathrooms, this income producing property already houses a fully rented out property. The property's well-built and maintained structure has many updates, and has also has maintained the integrity of its era. Stability is key, and this property delivers with...Gorgeous Victorian house, currently a 4-plex for sale in a prime rental location, with easy access to downtown and campus. This property is great for investors seeking a lucrative addition to their portfolio. With a total of 8 bedrooms, and 4 bathrooms, this income producing property already houses a fully rented out property. The property's well-built and maintained structure has many updates, and has also has maintained the integrity of its era. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Newer furnace, 10-year-old boiler recently serviced, owner pays utilities, one meter. Coin laundry available for all tenants. 48-hour notice to show.
  1. Listed by True Real Estate • Cara Bishop

Property Details for 204 North 5th Street

Subdivision Name
Mankato
LISTING UPDATED: 05/14/2024 05:03 AM

Property Details for 204 North 5th Street

StatusActive
MLS #6477568
Days on Compass147
Taxes$4,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1905
Lot Size0.14 AC / 6,098 SF
CountyBlue Earth County

Building Information for 204 North 5th Street

Stories-Residences4Year Built1905Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 204 North 5th Street

Summary
Location and General Information
  • City Name: Mankato
  • County Or Parish: Blue Earth
  • County: Blue Earth-MN
  • Directions: Hwy. 169 to Belgrade Ave.keep left to continue on Mulberry st. House on corner of Mulberry and 5th
  • Latitude: 44.166134
  • Longitude: -93.996697
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Mankato
  • City and Location Text: Mankato(MN)
  • Postal Code: 56001
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: R010918202009
  • Tax Annual Amount: $4,044.00
  • Tax Legal Description: MANKATO BY EVERETTS SURVEY E90' OF 006 065 00
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 4064.0000
School Information
  • High School District: 77 - Mankato
  • School District Number: 77
  • School District Phone: 507-387-1868
Property
Lot Information
  • Above Grade Fin SQFT: 1591.0
  • Below Grade Fin SQFT: 1175.0
  • SQFT Total: 2766.0
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 66x90
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1311.0000
  • Above Grade SqFt Total: 1591.0000
  • Below Grade SqFt Total: 1311.0000
Property and Assessments
  • Age Of Property: 119
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1311.0
  • Fuel: Other
  • Roof: Asphalt
  • Patio Porch Type: Deck,Front Porch
Interior Features
  • Basement Type: Partially Finished, Shared Access, Single Tenant Access, Storage/Locker, Stone/Rock
  • DP Resource: Y
  • Garage Dimensions: 15x21
  • Garage Square Feet: 315
  • Heating: Hot Water
  • Levels: More Than 2 Stories
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 1
  • Unit Rooms Total: 6
  • Unit SqFt: 692
  • Unit Type Actual Rent: $975.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 11x15
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 16x10
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 11x10
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 11x7
  • Bedroom 4 Room Level: Main (Ground)
  • Kitchen Room Dimensions: 10x14
  • Kitchen Room Level: Main (Ground)
  • Unit Level: Below Ground
  • Unit Type Total Rent: 11700
  • Unit Furnished: No
Unit 2
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 1
  • Unit Rooms Total: 5
  • Unit SqFt: 500
  • Unit Type Actual Rent: $1,130.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Dining Room Dimensions: 15x14
  • Dining Room Level: Main (Ground)
  • Extra Room 1 Dimensions: 10x6
  • Extra Room 1 Level: Main (Ground)
  • Extra Room 2 Dimensions: 10x9
  • Extra Room 2 Level: Main (Ground)
  • Extra Room 3 Dimensions: 14x9
  • Extra Room 3 Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 13560
  • Unit Furnished: No
Unit 3
  • Unit Amenities: Deck
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 500
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Extra Room 4 Dimensions: 15x15
  • Extra Room 4 Level: Main (Ground)
  • Extra Room 5 Dimensions: 10x8
  • Extra Room 5 Level: Main (Ground)
  • Family Room Dimensions: 13x11
  • Family Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 9600
  • Unit Furnished: No
Unit 4
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 6
  • Unit SqFt: 1011
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Extra Room 6 Dimensions: 15x15
  • Extra Room 6 Level: Upper
  • Licing Room Dimensions: 13x14
  • Living Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 15600
  • Unit Furnished: No

Property History for 204 North 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 204 North 5th Street

Taxable ValueLand$26,100Additions$282,400Total$308,500
Tax Record2024$4,176 ($348 / month)
Home Facts
Baths2Total Finished SqFt2,932 SqFtAbove Grade Finished SqFt2,932 SqFtStories2Lot Size5,940 SqFtStyleMulti-Family Dwelling (2-4)Year Built1905CountyBLUE EARTHAPNR01.09.18.202.009Fireplace TypeHas Fireplace

Schools near 204 North 5th Street

This home is within Mankato Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Franklin Elementary School
PublicPK to 5

Prairie Winds Middle School
Public6 to 8

Mankato East Senior High School
Public9 to 12

Prairie Care Mankato
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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204 North 5th Street is a multi-family home for sale in Mankato, MN 56001. This property was listed for sale on January 25, 2024 by True Real Estate, it's currently listed at $400,000. This listing's school district is Mankato Public School District. Nearby schools include Franklin Elementary School, Prairie Winds Middle School and Mankato East Senior High School. 204 North 5th Street is a 0-bed, 0-bath, 2,766 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of True Real Estate

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/14/2024 05:03 AM