Unique investment opportunity, selling 6 rental homes- two are duplexes, so 8 units plus $50/month for garage with 838 Beaver. 5 units on one parcel, 1 unit on additional parcel, selling all together. 2 wells- one for the 2 properties on Hemlock and the second well for the 4 houses on Beaver Ave. Complaint septic's on 4 houses on Beaver Ave. Sellers will install new septic systems for the 2 houses on Hemlock. 138 Hemlock Road is currently vacant and needs extensive updating. Most of the homes have updated windows and permanent siding. Many tenants have been there for several years. Tenants are on month to month leases so new owner can have flexibility to increase rents to market rates.
Active
$600,000
822-844 Beaver Ave, Mankato, MN 56001
12beds
8baths
5,884sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$102/sqft
$-- HOA
What's special
Permanent sidingUpdated windows
- 3 days
- on Zillow |
- 373 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 11:28am
Listed by:
Karla Van Eman,
American Way Realty
Source: RASM,MLS#: 7037253

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Forced Air, Natural Gas
Features
- Basement: Block,Partial
Interior area
- Total structure area: 5,884
- Total interior livable area: 5,884 sqft
- Finished area above ground: 5,884
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Detached
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.31 Acres
- Dimensions: 367 x 155
Details
- Foundation area: 4537
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: Private Sewer
- Water: Private
Community & HOA
Location
- Region: Mankato
Financial & listing details
- Price per square foot: $102/sqft
- Annual tax amount: $7,018
- Date on market: 4/23/2025
- Listing terms: Cash,Conventional
- Lease term: Month To Month
- Total actual rent: 3850
- Tenant pays: Electricity, Fuel
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