Homes for sale - 418 Allan AVE, North Mankato, MN 56003

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Elizabeth Peck

elizabeth.peck@exprealty.com +1(763) 614-0258

$ 1,800,000

Est. payment | -/mo

0.69 Acres Lot

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$ 1,800,000

Est. payment | -/mo

Save

0.69 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6690456

Year Built 1980

Annual Tax Amount $15,627

Tax Year 2025

Contingent None

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions 186x183x210x123

Property Sub-Type Apartment

Property Description

Prime 12-unit - 12 garage apartment complex in Upper North Mankato is a fantastic investment opportunity, offering 100% occupancy and superb rental history. All 12 units are spacious two-bedroom apartments, with upper-level units featuring walk-out decks from both the living room and main bedroom. Five remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Separate electric meters, wall A/C units in all apartments, & coin-operated laundry for extra income. Don't miss out on this strong rental property with a proven track record of full occupancy and steady cash flow for a long-term investment.

Location

State MN

County Nicollet

Zoning Residential-Multi-Family

Interior

Heating Baseboard

Cooling Wall Unit(s)

Inclusions Building

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Exterior

Parking Features Detached, Asphalt, Parking Lot

Garage Spaces 12.0

Utilities Available Electric Common, Electric Separate

Present Use Residential

Building

Foundation 4248

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Mankato

Listed by Shawna Wolfe • Keller Williams Premier Realty

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Elizabeth Peck

REALTOR® | License ID: 40277271-MN and 57581-90 WI

elizabeth.peck@exprealty.com

+1(763) 614-0258

4525 White Bear Parkway Suite 122 White Bear Lake MN 55110

418 Allan AVE North Mankato, MN 56003

Elizabeth Peck

Key Details

Location

Interior

Exterior

Building

Schools

418 Allan AVE