Mankato Homes under $400,000

Welcome to Mankato, Minnesota—a vibrant city nestled in the picturesque landscape of southern Minnesota. Known for its rich history, friendly community, and stunning natural beauty, Mankato offers an ideal blend of small-town charm and urban amenities. With its thriving arts scene, diverse dining options, and numerous parks, Mankato is a place where residents can truly enjoy the best of both worlds.

For those seeking a home in this delightful city, Mankato boasts an impressive selection of properties available for under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, there’s a perfect home waiting for you. From cozy single-family houses with spacious backyards to modern townhomes with contemporary finishes, Mankato’s real estate market caters to a variety of tastes and lifestyles.

Imagine waking up in a charming neighborhood, where tree-lined streets invite leisurely strolls and friendly neighbors wave as you pass by. With excellent schools, a strong sense of community, and a wealth of recreational opportunities, Mankato is an excellent place to plant your roots. Enjoy weekends exploring the scenic Riverfront Park, or indulge in local events and festivals that celebrate the city’s vibrant culture.

With homes under $400,000, Mankato offers not just affordability but also a quality of life that’s hard to beat. So, why wait? Discover your dream home in Mankato today and experience all that this remarkable city has to offer!

Newest Mankato Homes under $400,000

$139,900

2 Beds ⋅ 1 Baths ⋅ 7155562 MLS

118 E Spring Street, Mankato

Listing courtesy of Executive Associates Realty.

$269,900

3 Beds ⋅ 1 Baths ⋅ 7154897 MLS

One owner patio home ready to call yours! Located close to Sibley Park, area trails and the Minnesota River, this charming one-level home offers easy, zero-step entry and comfortable living throughout. Step inside from the front door into the welcoming foyer, where tile floors flow throughout the main living areas. The kitchen, living and dining area feature an open layout, with an eat-in kitchen, custom wood cabinets, and stainless steel appliances. All 3 bedrooms include LVP flooring, 2 with ceiling fans. The 3/4 bath features a beautifully tiled shower. Off the living room, sliding glass doors will lead you to your own private, fully fenced backyard oasis. Enjoy the spacious 20x14 concrete patio, pergola, and hot tub. The shed will provide any extra storage you may need, along with an extended 1 stall garage. If you're looking to simplify life, this well-maintained one-level patio home is worth a look! Come see all it has to offer today.

214 Rogers Street, Mankato

Listing courtesy of Edina Realty, Inc..

$229,900

2 Beds ⋅ 2 Baths ⋅ 7152958 MLS

Classic Bungalow charm meets exceptional care in this inviting 2-bedroom home, meticulously maintained by the same owners for more than 30 years. Step inside to find beautiful period details including hardwood floors, glass doorknobs and graceful arched doorways that add warmth and character throughout. The efficient galley kitchen offers a practical workspace, while the wonderful sunroom is sure to become a favorite spot to relax, enjoy a peaceful morning preparing for your day or unwind at the end of the day. With 1.25 baths and comfortable living spaces, this home offers a welcoming layout with timeless appeal. Outside, you are sure to enjoy the patio, Trex deck and fenced yard—perfect for relaxing, gardening or entertaining. Moreover, this property possesses an oversized double garage at the back of the property. There are mature trees- one of which is a peach tree and raspberries along the fence line. 50 year shingles were installed by Heyn Brothers in 2021 on both the house and garage. The house also received Leaf Guard gutters with a transferable warranty. This darling property has been lovingly cared for through the years and boasts the character of an earlier era along with the comfort that make a house feel like home.

1311 N 5th Street, Mankato

Listing courtesy of True Real Estate.

$314,900

4 Beds ⋅ 2 Baths ⋅ 7153308 MLS

This split-foyer home is situated on a desirable corner lot in a quiet cul-de-sac and features a spacious 3-stall attached garage. Inside, you’ll find 4bedrooms, 2 bathrooms, and a functional layout with plenty of room to spread out. The main level offers a bright living room along with vaulted ceilings throughout the kitchen, dining, and living areas, creating an open and inviting feel. Both upper-level bedrooms feature convenient walk-in closets. A patio door off the dining area provides easy access to the deck, perfect for relaxing or entertaining. The lower level offers even more living space with a large family room, two additional bedrooms, and plenty of room to make your own. With a great location, generous living spaces, and a sought-after 3-stall garage, this home has so much to offer!

100 Olympic Court, Mankato

Listing courtesy of American Way Realty.

$84,900

3 Beds ⋅ 2 Baths ⋅ 7153278 MLS

Rare fenced-in yard for your pets. This 3-bedroom, 2-bathroom easy-living home can be purchased for less than you can pay in rent... so why rent?. Open-concept kitchen, dining, and living area. 3 spacious bedrooms with nice-size closets. *** Seller is paying for and replacing the origional carpet, prior to buyer moving in. *** Newer items include ac, water heater, flooring, paint, new shed, new thermostats, smoke, and CO2 detectors Mobile home is not for lease Land is not included in the sale

107 Hilton Court, Mankato

Listing courtesy of True Real Estate.

$68,900

3 Beds ⋅ 2 Baths ⋅ 7151036 MLS

Desired 3-bedroom, 2-bath on a great semi-private lot. Some updates, like flooring, cabinets, countertops, and more, are already complete, and others have started. Trim, paint, flooring, and cabinet toe-kicks remain to finish the projects. Multiple upgrades to the property. Large deck and two sheds. One shed was used as extra living space with electricity.

605 E Shakespeare Avenue E, Mankato

Listing courtesy of True Real Estate.

$54,800

3 Beds ⋅ 2 Baths ⋅ 7149299 MLS

Welcome to 701 N Shakespeare! This spacious double-wide mobile home offers 1,456 square feet with 3 bedrooms and 2 bathrooms, including a private primary suite with its own bathroom. Recent updates include new carpet throughout. The open layout provides plenty of comfortable living space, with a practical floor plan and room to make it your own. Convenient Mankato location close to shopping, dining, and everyday amenities.

701 N Shakespeare Avenue, Mankato

Listing courtesy of Century 21 Atwood.

$280,000

5 Beds ⋅ 2 Baths ⋅ 7146587 MLS

Need room to spread out? This 5-bedroom, 2-bath split-entry home offers a flexible layout designed for everyday living. The main level features beautiful hardwood floors, a bright living room, kitchen and dining area, three bedrooms and a 3/4 bath. Downstairs, you'll find two additional bedrooms, a spacious family/recreation room, another 3/4 bath, plus utility and storage space. Enjoy fresh air without the bugs in the screened porch overlooking the backyard. The 0.22-acre lot offers usable outdoor space, while an attached 1-car garage, concrete driveway, central air, natural gas forced-air heat and city water/sewer add everyday convenience. Accessibility features include grab bars, a wheelchair ramp and roll-in shower. With five true bedrooms, multiple gathering spaces and a practical floor plan, this home offers the space and versatility buyers are looking for—ready for you to make it your own.

611 James Ave, Mankato

Listing courtesy of Keller Williams Realty Integrity Lakes.

$349,900

3 Beds ⋅ 2 Baths ⋅ 7149715 MLS

Welcome to this inviting 3 bedroom, 2 bath Mankato home offering spacious living areas, an attached 2-stall garage, and a beautifully landscaped setting surrounded by mature trees. The kitchen has abundant cabinetry, generous counter space, and an adjoining dining area. The living room is a standout feature, surrounded by windows that fill the space with natural light and showcase views of the backyard. Warm wood finishes and a fireplace create a comfortable and welcoming space for everyday living and entertaining. Upstairs, you’ll find three bedrooms and bathroom space conveniently located together. Throughout the home, multiple living and gathering areas provide plenty of flexibility for relaxing, entertaining, working from home, or hobbies. Outside, mature trees and established landscaping create a peaceful, private backyard setting. A large paver patio provides plenty of room for outdoor dining, grilling, and entertaining, while the separate fire pit area offers another inviting place to gather. With 3 bedrooms, 2 bathrooms, a 2-stall garage, spacious living areas, a light-filled living room, and impressive outdoor spaces, this Mankato home offers a wonderful combination of comfort, functionality, and privacy. Assessments cannot be assumed and must be paid at closing.

2 Capri Drive, Mankato

Listing courtesy of Century 21 Atwood.

$229,900

4 Beds ⋅ 2 Baths ⋅ 7148702 MLS

Welcome to 531 Range Street in North Mankato! This charming 4-bedroom, 2-bathroom home offers a blend of comfort, convenience, and tasteful updates. Step inside and you will immediately appreciate the care and thought put into this home. The interior has had modern updates while maintaining a traditional and inviting feel that makes this house feel like a home. A perfect starter family house, this house has 4 bedrooms, allowing plenty of space for family, guests, home offices, or any lifestyles seen fit. The kitchen has been updated with new countertops, cabinets, sink and appliances. There are 2 bedrooms on the lower and upper level, along with a full bathroom on each floor offer a functional layout. The basement offers a strong area for storage as well as a potential workshop area. The yard offers room for a potential garden or relaxation area. The driveway fits 2 cars along with available street side parking. Located in the heart of lower North Mankato, offering a convenient location near locally owned groceries, businesses, schools, parks and amenities with easy access to Highway 169 and the soon to be reopened Veterans Memorial Bridge. This house is ready for you to call it home!

531 Range Street, Mankato

Listing courtesy of True Real Estate.

$199,900

2 Beds ⋅ 1 Baths ⋅ 7147731 MLS

Updated, charming, and move-in ready! This quaint home features modern and thoughtful updates into a welcoming space. The main floor features a bright living room with beautiful LVP flooring, fresh neutral finishes, and large new windows that fill the space with natural light. The adjacent eat-in kitchen offers new stainless steel appliances, stylish gray cabinetry, paneled wainscoting, a tiled backsplash, and convenient access to the backyard. Two bedrooms on the main level with the same LVP flooring. The updated bathroom adds a fresh touch with a tiled tub/shower surround. The basement offers plenty of potential for future finishing and currently provides laundry and mechanical space. Step outside to enjoy the spacious yard, maintenance-free vinyl privacy fencing, paver patio with firepit, and storage shed. With its updates, outdoor space, and move-in-ready appeal, this one is ready for you to call home!

401 Belle Avenue, Mankato

Listing courtesy of Keller Williams Preferred Rlty.

$199,500

2 Beds ⋅ 2 Baths ⋅ 7148303 MLS

Welcome to 108 Tanager Path! This inviting 2-bedroom, 1.5-bath townhouse offers approximately 1,254 square feet of finished living space and a comfortable layout designed for easy everyday living. With a thoughtfully arranged floor plan featuring well-proportioned living areas, this home offers a wonderful combination of comfort and functionality. Furnace new in 2025, A/C and water heater new in 2022. Kitchen drawer is on order and will be replaced. Come take a look and discover all this home has to offer.

108 Tanager Path, Mankato

Listing courtesy of True Real Estate.

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