Sold: Mankato MLS# 7037325
Sold
$194,900 (list price)
$205,000
Single Family: 1.5 Stories
3 br • 1 ba • Built 1947
1,156 sqft • 0.167 acres
Mankato schools
MLS# 7037325
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Property Description
Why rent when you can own or invest? This charming 1.5-story home offers a strong opportunity for both owner-occupants and investors looking to build equity and generate rental income in a convenient Mankato location. Situated near Minnesota State University, Jefferson Elementary, and Heritage Estates Park, the location supports consistent rental demand and long-term value. Inside, you’ll find natural woodwork and original paneled doors that add warmth and character throughout. The remodeled kitchen is a standout, featuring ceiling-height white cabinetry, new countertops, stainless steel appliances, a paneled ceiling, and updated lighting. Newer LVP flooring spans the main level, which includes two bedrooms, noting that one does not have a closet, along with comfortable living space. Upstairs, the primary bedroom features angled ceilings, a spacious walk-in closet, and additional storage, adding to the home’s overall functionality. The unfinished basement offers excellent storage today with the potential to finish and add future living space, increasing value over time. Additional updates include newer main-level windows, a professionally painted exterior, and basement wall reinforcement for added peace of mind. A 1-car detached garage sits conveniently next to the home. Property includes an R-2 rental license, making it a ready-to-go rental opportunity with flexibility for investors or future income potential. A well-cared-for property with character, updates, and income potential in a location close to everything.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$194,900
Sold Price:
$205,000
Sold Date:
05/20/2026
Price per sq ft:
$169
Property Type:
Single Family
City:
Mankato
Garage Spaces:
1
County:
Blue Earth
Year Built:
1947
State:
MN
Property Style:
1.5 Stories
Zip Code:
56001
Subdivision Name:
Auditors 51
Interior
Bedrooms:
3
Bathrooms:
1
Finished Area:
1,156 ft2
Total Fireplaces:
0
Living Area:
1,156 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Dryer
- Gas Water Heater
- Range
- Refrigerator
- Washer
Basement Details:
- Block
- Full
- Sump Pump
- Unfinished
Exterior
Stories:
One and One Half
Garage Spaces:
1
Garage Size:
260 ft2
Air Conditioning:
Central Air
Foundation Size:
986 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached Garage
Unit Amenities:
- Kitchen Window
- Natural Woodwork
- Paneled Doors
- Primary Bedroom Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Paved Streets
- Street Lights
Pool:
None
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
None
Bathroom Details:
Main Floor Full Bath
Dining/Kitchen:
Eat In Kitchen
Laundry:
- Electric Dryer Hookup
- In Basement
- Sink
- Washer Hookup
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 11 x 14 | 154 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Kitchen | 10 x 11 | 110 |
| Living Room | 14 x 14 | 196 |
| Bedroom 2 | 9 x 9 | 81 |
| Bedroom 3 | 9 x 9 | 81 |
Lot & Land
Acres:
0.167
Geolocation:
44.154364, -93.997099
Lot Dimensions:
81 x 21 x 143 x 143
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
77
District Phone:
5073871868
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,924
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,924
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.