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$499,999
5 Beds 4 Baths 7057956 MLS
MOTIVATED SELLERS! SELLERS SAY SELL! HUGE PRICE DROP. LUXURY UPDATES ALL COMPLETED 2024-2026. LAYOUT IS FANTASTIC! BUYERS TAKE ADVANTAGE OF THE NEW PRICE WAY LESS THAN WHAT THE SELLERS HAVE INVESTED IN LUXURY UPGRADES 5 Bedroom 4 Bath 3 living rooms 2 dining rooms. 2 story home in Kensington Hills subdivision in West Mankato. Immerse yourself with the detailed design and thought put into every detail with the added luxury upgrades. Main level features: Luxury vinyl plank floors throughout '25, renovated kitchen w/Cambria countertops & backsplash '26, cabinets/organizer drawers/shelving '26, modern workstation deep sink & triple faucet '26, kitchen window, new IQ LG/GE appliances '26, breakfast area, informal dining w/patio doors to the deck, formal dining room, huge living room, 1/2 bath, 2nd living room, fantastic laundry/mud room w/ sink & GE washer & dryer off of the attached garage which is insulated, sheetrocked & heated with new Poly Tex epoxy floors '24, garage door w/motion upgrade '24, shelving & access to backyard. Upper level features: Large primary bedroom, big custom closet '25 & Cherry Creek bath expansion/remodel w/ Cambria counters '25, dual sink vanity '25, wired for tv, tiled shower & separate soaking tub '25. 3 more bedrooms with great closets & full bath, new carpet '25. Lower level is newly completed w/ 5th bedroom '25, large bath with tiled shower, huge family room w/ fireplace, add'l storage areas, luxury pad & carpet '24. Outside enjoy the deck & large backyard, playset, upgraded landscaping and lighting & covered front porch completes the exterior. Additional perks include: 4 bedrooms on same floor, Interior paint & ceilings, whole house HVAC humidifier '24, vent cleaning '24, exterior outlet, 50 gallon water heater '26, sump pump '26, smart thermostat '26, bluetooth speaker bathroom light '25, beautiful light fixtures '24, front door & lock '26, all new appliances '26, garage electrical outlets + 2 new 20 amp circuits '24, fully recharged AC '24 custom blinds, water softener, radon system, smart lights '24, deck railing & stairs '24, maintenance free siding & so much more. This is a must see to truly appreciate this home & is ready for immediate possession.

116 Piccadilly Avenue, Mankato

Listing courtesy of eXp Realty.

$249,900
3 Beds 2 Baths 7055744 MLS
Holding a 5 unrelated rental license, this freshly remodeled and conveniently located three-bedroom home blends modern updates with a clean, cohesive design. LVP flooring runs through both the main and upper levels, complemented by updated double-pane windows and LED lighting throughout. The stylish white-and-black décor theme carries effortlessly from room to room, highlighted by oversized living room windows and a modern staircase with black rod detail and textured diamond-pattern stair carpet. Upstairs offers three comfortable bedrooms with plenty of storage space and a full bath, while the main floor adds a brand new three-quarter bath with custom built-in shelving in the shower. The completely updated kitchen features white subway tile, new appliances (electric stove with dedicated vent, dishwasher, microwave, and refrigerator), concrete-surface countertops, and a walk-through pantry with Lazy Susan storage and additional subway tile backsplash. A bright three-season porch with updated windows provides abundant natural light and extra living space. The basement includes laundry, generous storage for totes and seasonal items, and houses the 100 amp electrical panel. Outside, low-maintenance vinyl siding and a designated parking area at the back, plus additional on-street parking, offer practical convenience for residents and guests.

407 E Pleasant Street, Mankato

Listing courtesy of Real Broker, LLC.

$329,000
2 Beds 2 Baths 7055906 MLS
Rare 5-Acre Bluff line Opportunity Just Minutes from Town! Discover the blend of privacy, nature, and conveniencewith this beautiful 5-acre rural property set along the bluff line near Mankato. Surrounded by mature trees andscenic views, this unique parcel offers a peaceful setting while remaining just 5 mins from city limits & 10–15 minutes from downtown, shopping, and Mayo Clinic Health System. The property is well-equipped with valuable infrastructure already in place, including a well and septic system, making it an ideal candidate for your future build or investment vision. Outbuildings include: A double-stall garage, 14’ commercial-height shop with tempered garage door, & a 44’ x 32’ pole barn with concrete floor. A double wide manufactured home and an additional older structure are currently on the property. Whether you’re looking to build your dream home, create a hobby farm, or invest in a highly desirable rural setting close to city amenities, this property offers incredible upside in a sought-after location.

58569 Kirkwood Road, Mankato

Listing courtesy of Keller Williams Premier Realty.

$389,230
4 Beds 2 Baths 7049166 MLS
HOME IS COMPLETE and ready for you!! This 2-story home has finished with 4 bedrooms, 2 full bathrooms, & 2 car garage. The upper level has a sun-filled & spacious living area, kitchen (with island & quartz countertops), dining area, owner's bedroom with its own walk-in closet, 2 additional bedrooms & 1 full bathroom. The main level, you will find 1 bedroom, rec room, laundry room & full bath. Front exterior photo is similar to home being built. Actual photos will be updated when the home is finished. Landscaping is not yet planned or factored in price to give buyer ability to choose what they may want or can be discussed should you decide to do yourself. Don’t pass up this opportunity to view this home or the many other opportunities to build the home of your choice on other available lots!!

2021 Aster Lane, Mankato

Listing courtesy of Fieldstone Real Estate Specialists.

$399,850
4 Beds 2 Baths 7038364 MLS
THIS HOME IS COMPLETE and ready for you!! This 2-story home has finished with 4 bedrooms, 2 full bathrooms, & 2 car garage. The upper level has a sun-filled & spacious living area, kitchen (with island & quartz countertops), dining area, owner's bedroom with its own walk-in closet, 2 additional bedrooms & 1 full bathroom. The main level, you will find 1 bedroom, rec room, laundry room & full bath. Front exterior photo is similar to home being built. Actual photos will be updated when the home is finished. Landscaping is not yet planned or factored in price to give buyer ability to choose what they may want. Don’t pass up this opportunity to view this home or the many other opportunities to build the home of your choice on one of the many available lots in Groh Farm development!!

3113 Bassett Drive, Mankato

Listing courtesy of Fieldstone Real Estate Specialists.

$5,750,000
7038261 MLS
Cherry Square is an apartment complex on the corner of 2nd St. and Cherry St. formerly known as the Inn Towne Motel in the downtown Mankato bar district. It was built in 1950. This 38 unit- 3 story complex is built of pre-stressed concrete and brick. Parking is on the main level under the square shaped building which is elevated on columns. The apartments, consisting of 8 two bedroom units and 30 one bedroom units, went through a total remodel in 2022 and early 2023. There is ample parking on the property for all residents. Building #2 (121 E Cherry St) is a commercial building consisting of 12,663SF which is leased to Menari Body Works. The elevator is shared with the apartment building and the commercial building. Building #3 (117 E Cherry St) is a two story 2,904 SF brick building that has two apartments that are each 4 bedrooms.

500 S 2nd Street, Mankato

Listing courtesy of Landmark Realtors, LLC.

$274,900
2 Beds 2 Baths 7043259 MLS
If you’ve been looking to simplify without sacrificing comfort, this thoughtfully designed one-level townhome in Mankato is one you won’t want to miss. Offering two bedrooms, two bathrooms, and a dedicated laundry space, the layout is designed for both functionality and everyday ease. The home features a warm, inviting layout filled with natural light and a seamless flow between the living, dining, and kitchen spaces. Whether you're enjoying a slow morning at home or hosting family and friends, the layout is both practical and comfortable for daily living. A generous outdoor area just off the front entrance offers additional space to enjoy fresh air and the changing seasons—without the upkeep of a larger yard. Lawn care and snow removal are handled by the association, allowing for a truly low-maintenance lifestyle. Conveniently located near local amenities, walking paths, and everything Mankato has to offer, this home blends comfort, convenience, and simplicity in all the right ways.

120 Palmer Path, Mankato

Listing courtesy of True Real Estate.

$254,000
3 Beds 2 Baths 7043241 MLS
Charming 3-Bedroom, 2-Bath Home Near Hospital and Elementary School This well-maintained home is ideally located just minutes from the local hospital and elementary school, making it perfect for families, healthcare professionals, or anyone looking for convenience and comfort. 3 Bedrooms, 2 Bathrooms Spacious Basement with tons of potential to be finished and add significant value to the home Large Backyard, ideal for outdoor activities or gardening Prime Location: Just a short walk to Madison Avenue, offering easy access to shops, restaurants, and transit Close to Local Amenities: Enjoy the convenience of being near schools, parks, and healthcare facilities. Don’t miss out on this incredible opportunity to own a home in such a sought-after location. Schedule a showing today!

1112 Marsh Street, Mankato

Listing courtesy of RES Realty.

$960,000
7042448 MLS
Shovel ready building pad for up to 80 units in Building 6 with 24,268 SF and 120 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

6 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$960,000
7042447 MLS
Shovel ready building pad for up to 80 units in Building 5 with 24,268 SF and 120 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

5 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$864,000
7042445 MLS
Shovel ready building pad for up to 72 units in Building 7 with 26,067 SF and 108 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

4 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$864,000
7042444 MLS
Shovel ready building pad for up to 72 units in Building 10 with 26,067 SF and 108 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

1 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$648,000
7042443 MLS
Shovel ready building pad for up to 54 units in Building 9 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

2 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$648,000
7042441 MLS
Shovel ready building pad for up to 54 units in Building 8 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

8 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$648,000
7042440 MLS
Shovel ready building pad for up to 54 units in Building 4 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

7 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$648,000
7042439 MLS
Shovel ready building pad for up to 54 units in Building 3 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

3 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$576,000
7042438 MLS
Shovel ready building pad for up to 48 units in Building 2 with 10,788 SF and 72 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

9 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$504,000
7039771 MLS
Shovel ready building pad for up to 42 units in Building 1 with 9424 SF and 63 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

10 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$439,310
6 Beds 3 Baths 7040630 MLS
HOME IS COMPLETE AND READY FOR YOU!! This home is fully finished with 6 Bedrooms, 3 bathrooms, & 3 car garage. The upper level has a sun-filled & spacious great room living area, kitchen (with island & walk-in pantry), dining area, owner’s suite (with private bath & closet), additional 2-bedrooms & additional 1-full bathroom. There are quartz counter tops throughout the kitchen. In the lower level, you will find a spacious family room, laundry, 3-bedrooms & 3/4 bath. Photos are of same home from different development and are for illustration purposes only. Selections may vary for this home when complete. Landscaping is not yet planned or factored in price to give buyer ability to choose what they may want. Don’t pass up this opportunity to view this home or the many other opportunities to build the home of your choice on one of the many available lots!!

2025 Aster Lane, Mankato

Listing courtesy of Fieldstone Real Estate Specialists.

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