112 S 5th Street, Mankato, MN 56001 (MLS# 7078586)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1886
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 688
Above Ground SqFt: 2107
Below Grd Total SqFt: 688
Total SqFt: 2795
Foundation Size: 688
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2107.00
Garage Stalls: 3
Lot Dimensions: 49x158
Acres: 0.17
Assessment Pending: Yes

Property Features

Accessible: None Basement: Full; Unfinished Construction Status: Previously Owned Exterior: Vinyl Foundation: Stone Fuel: Natural Gas Heating: Forced Air Lock Box Type: Supra Road Frontage: City Street Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 224800
ListPrice: 224800
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 112
Street Direction Prefix: S
Street Name: 5th
Street Suffix: Street
Postal City: Mankato
County: Blue Earth
State: MN
Zip Code: 56001
Complex/Dev/Subdivision: Mankato

Assessments

Assessment Installment: 2354.9
Tax With Assessments: 5682.81
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2107

More Information

Income and Expenses

Annual Gross Income: 26700
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: RASM
Supra: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 15600
Full Baths: Yes
Monthly Rent: 1300
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 11100
Full Baths: Yes
Monthly Rent: 925
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: CITY OF MANKATO N16' OF 8 & S2 OF 009 049 00
Listing City: Mankato
Map Page: 999
Municipality: Mankato
School District: Mankato
School District Phone: 507-387-1868
Property ID Number: R010918204016
Tax Year: 2026
Tax Amount: 3327.92
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Investment opportunity in Downtown Mankato! This duplex offers strong income potential and endless possibilities for the right buyer. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or renovate and increase value, this property is full of opportunity. Each unit provides functional living space with the chance to add your own updates and improvements. Conveniently located in Mankato near shopping, dining, parks, and schools, this property is a great chance to build equity and generate rental income. Don’t miss out on this versatile investment property with tons of potential!
Directions: E Walnut Street to S Fifth St.

Accessible

None: Yes

Basement

Full: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Road Frontage

City Street: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

112 S 5th Street, Mankato, MN 56001

Overview

Description

Listing Details MLS# 7078586