Duplex Near Tourtellotte Park – Investment Opportunity! This duplex offers two units, each featuring 2 bedrooms and 1 bathroom. Situated just steps from scenic Tourtellotte Park, it's perfect for investors or owner-occupants alike. Both units are currently rented on a month-to-month basis, allowing the new owner the opportunity to adjust rents to market rate. Owner covers water, garbage, and gas. Tenants are responsible for electricity (separately metered). Includes a convenient double garage with alley access. Don't miss this chance to own a income-generating property and build future equity.
Active
Price cut: $11.4K (4/25)
$188,500
1531 N 2nd St, Mankato, MN 56001
4beds
1,866sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$184,600 Zestimate®
$101/sqft
$-- HOA
What's special
Scenic tourtellotte park
- 3 days
- on Zillow |
- 678 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 12:11pm
Listed by:
Karla Van Eman,
American Way Realty
Source: RASM,MLS#: 7037235

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Range, Refrigerator, Washer, Cooktop, Gas Water Heater
Features
- Basement: Unfinished,Stone,Partial
- Has fireplace: No
Interior area
- Total structure area: 1,866
- Total interior livable area: 1,866 sqft
- Finished area above ground: 1,866
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 40 x 110
Details
- Foundation area: 981
- Parcel number: R010908103006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame/Wood, Vinyl Siding
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Location
- Region: Mankato
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $191,900
- Annual tax amount: $2,642
- Date on market: 4/22/2025
- Listing terms: Conventional
- Lease term: Month To Month
- Total actual rent: 1400
- Tenant pays: Cable TV, Electricity
- Loading
- Loading