221 E Walnut Street, Mankato, Minnesota 56001

MN, Mankato
$695,000
  • Commercial Sale Property Type
  • 1920 Year Built
  • Active Status
See All 17 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property’s appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don’t miss out on this low-maintenance, income-generating opportunity—schedule a showing today!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6686743
  • Price: $695,000
  • Year Built: 1920
  • Listing Status: Active
  • Office Name: True Real Estate
  • Property Sub Type: Apartment
Features
  • Heating System Baseboard
  • Parking On-Street Parking Only
  • Utilities Electric Separate
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Blue Earth
  • City Mankato
  • Zipcode 56001
  • Street: Walnut
  • Street Number: 221
  • Street Suffix: Street
  • Longitude: W95° 59' 54.1''
  • Latitude: N44° 9' 55.1''
  • Directions: Riverfront Drive to Walnut Street
  • Street Dir Prefix: E
Neighborhood
  • High School District: Mankato
MLS Addon
  • Office Name: True Real Estate
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 5760
  • Construction Materials: Brick/Stone
  • Current Use: Other
  • Levels: Two
  • Lot Size Dimensions: .06 acres
  • Number Of Units Total: 6
Financial
  • Tax Annual Amount: 5412
Listing Information
  • Co List Agent Mls Id: 503013637
  • List Agent Mls Id: 502290756
  • List Office Mls Id: 25812
  • Modification Timestamp: 2025-03-19T20:09:03Z
  • Originating System Name: NorthStar
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