217 East Spring Street

Mankato, MN 56001

$465,000
Price
—
Beds
3,217 Sq. Ft.
$145 / Sq. Ft.
3,217
Sq. Ft.
$145
per Sq. Ft.

Description

This exceptional 4-plex located in the heart of Central Mankato offers a fantastic investment opportunity with extensive upgrades and an outstanding rental history. With long-term tenants and leases in placethrough the fall of 2025, this property is a turn-key asset for any investor. Key features include but not limited to: updated electrical, plumbing, vinyl windows, newer furnace, coin-operated laundry ,gutters, downspouts & more! Simply too many upgrades to list! Whether you're an experienced...This exceptional 4-plex located in the heart of Central Mankato offers a fantastic investment opportunity with extensive upgrades and an outstanding rental history. With long-term tenants and leases in placethrough the fall of 2025, this property is a turn-key asset for any investor. Key features include but not limited to: updated electrical, plumbing, vinyl windows, newer furnace, coin-operated laundry ,gutters, downspouts & more! Simply too many upgrades to list! Whether you're an experienced investo ror looking to start your portfolio, this property offers a rare combination of value, convenience & long-term potential. Contact me today for more details or to schedule a private showing! This 4-plex is a must-see!
  1. Listed by Keller Williams Premier Realty

Property Details for 217 East Spring Street

Subdivision Name
Mankato - Everetts Blk 40/Blk 23
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 11/15/2024 05:04 AM

Property Details for 217 East Spring Street

StatusActive
MLS #6630358
Days on Compass39
Taxes$3,498 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1881
Lot Size0.11 AC / 4,791 SF
CountyBlue Earth County

Building Information for 217 East Spring Street

Stories-Residences4Year Built1881Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 217 East Spring Street

Summary
Location and General Information
  • City Name: Mankato
  • County Or Parish: Blue Earth
  • County: Blue Earth-MN
  • Directions: Riverfront take a left onto Spring Street. Property is on the right
  • Latitude: 44.170011
  • Longitude: -93.997235
  • 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: R010907451006
  • Tax Annual Amount: $3,498.00
  • Tax Legal Description: MANKATO BY EVERETTS SURVEY W70.5' OF 010 040 00
  • Tax Other Annual Assessment Amount: $20.00
  • Tax Year: 2024
  • Tax With Assessments: 3518.0000
School Information
  • High School District: 77 - Mankato
  • School District Number: 77
  • School District Phone: 507-387-1868
Property
Lot Information
  • Above Grade Fin SQFT: 3217.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3217.0
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 70 x 66
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1036.0000
  • Building Area Total: 4253.0
  • Above Grade SqFt Total: 3217.0000
  • Below Grade SqFt Total: 1036.0000
Property and Assessments
  • Age Of Property: 143
Utilities
  • Electric: 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned, Patio, Porch
  • Foundation Area: 1036.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Patio Porch Type: Enclosed,Front Porch,Patio
Interior Features
  • Basement Type: Full, Storage Space, Unfinished
  • DP Resource: Y
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: One Per Unit
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Porch
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 35.00
  • Unit Rooms Total: 4
  • Unit SqFt: 824
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 8400
Unit 2
  • Unit Amenities: Porch
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 75.00
  • Unit Rooms Total: 4
  • Unit SqFt: 824
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 9000
Unit 3
  • Unit Amenities: Countertops-Granite,Porch
  • Unit Appl: Dishwasher,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: 6
  • Unit SqFt: 1103
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 18000
Unit 4
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 75.00
  • Unit Rooms Total: 4
  • Unit SqFt: 824
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 900

Property History for 217 East Spring 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 217 East Spring Street

Taxable ValueLand$22,600Additions$236,900Total$259,500
Tax Record2024$3,518 ($293 / month)
Home Facts
Baths4Total Finished SqFt3,476 SqFtAbove Grade Finished SqFt3,476 SqFtStories2Lot Size4,653 SqFtStyleMulti-Family Dwelling (2-4)Year Built1881CountyBLUE EARTHAPNR01.09.07.451.006

Schools near 217 East Spring Street

This home is within Mankato Public School District.
Rating
School
Type
Grades
Distance
Franklin Elementary School
Public - PK to 5
Prairie Winds Middle School
Public - 6 to 8
Mankato East Senior High School
Public - 9 to 12
Prairie Care Mankato
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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More information about 217 East Spring Street, Mankato, MN 56001

217 East Spring Street is a multi-family home for sale in Mankato, MN 56001. This property was listed for sale on November 13, 2024 by Keller Williams Premier Realty, it's currently listed at $465,000. 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. 217 East Spring Street is a 0-bed, 0-bath, 3,217 sqft multi-family home built in 1881.

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 Keller Williams Premier Realty

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 11/15/2024 05:04 AM