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Real Estate Company
108 Parsons Street, Mankato, MN 56001
- $219,900
- 4
- BD
- 3
- BA
- 2,238
- SqFt
- Sold Price
- $219,900
- List Price
- $219,900
- Days on Market
- 31
- Closing Date
- Jan 30, 2026
- MLS#
- 7003401
- Status
- CLOSED
- Type
- Single Family Residential
- Style
- (SF) Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,238
- Acres
- 0.07
- Subdivision
- Warrens Add Mankato 2
- Year Built
- 1908
Property Description
Well-Maintained 4 Bedroom, 3 Bath Investment Opportunity with 5-Unrelated Rental License! This spacious and well-updated 4-bedroom, 3-bathroom property offers a strong opportunity for investors seeking a turn-key rental. The home holds the desired 5-unrelated rental license and is currently rented through May 2026, with long-term tenants in place who have expressed interest in renewing for 2026–2027, providing built-in stability for a new owner. Recent improvements include a new furnace, new water heater, fresh exterior paint, interior paint throughout, updated flooring, and more, allowing for peace of mind and reduced near-term capital expenses. The main level features a functional common layout with two family rooms and a full kitchen, creating flexible shared living space. Upstairs are three bedrooms, including a primary suite. Each upstairs bedroom is equipped with its own cabinet featuring a sink with running water and space for a microwave and mini-fridge, adding convenience and rental appeal. The lower level includes the fourth bedroom, a private ¾ bathroom, washer and dryer, and ample storage space. A solid property with thoughtful updates, strong rental history, and future income potential—this is a great opportunity for investors looking to expand their portfolio.
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Additional Information
- School District
- Mankato
- Amenities Unit
- Patio, Porch, Washer/Dryer Hookup
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
- Tax Year
- 2025
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Roof
- Asphalt
- Air Conditioning
- Window Unit(s)
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Finished, Full
- Parking
- Attached Garage, Concrete
- Garage Spaces
- 1
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Listing courtesy of Century 21 Atwood.
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