Find Your Dream Home: Search 10,000+ Homes for Sale

1404 N 5th Street, Mankato, MN 56001

New Listing

$205,000

Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 2,180 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $205,000 List Date: 7/20/2026 Last Modified: 7/20/2026

Overview

Description

INVESTORS! This great opportunity has a 2-bedroom, 1 bath, main floor unit with its own coin-operated laundry in the basement. The upper level unit offers 1-bedroom, 1 bath with a nice living space. Both units have access to the open porch and off-street parking. New roof in June 2023, energy efficient furnace in 2022, & water heater in May 2024. Upper unit stove & refrigerator, & lower unit bathtub recently replaced too. Property is sold as-is.

Listing Details MLS# 7112014

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1886
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 957
Above Ground SqFt: 1557
Below Grd Total SqFt: 623
Total SqFt: 2180
Foundation Size: 623
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1557.00
Lot Dimensions: 28x50x45x57x83
Acres: 0.09
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Basement: Partial Construction Status: Previously Owned Exterior: Slate Foundation: Stone Fuel: Natural Gas Heating: Forced Air Owner Pays: Electricity; Gas; Sewer; Water Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: See Remarks Unit 1 Amenities: Ceiling Fan(s); Hardwood Floors Unit 1 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Eat In Kitchen Unit 2 Amenities: Walk-Up Attic Unit 2 Appliances: Exhaust Fan/Hood; Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 205000
ListPrice: 205000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1404
Street Direction Prefix: N
Street Name: 5th
Street Suffix: Street
Postal City: Mankato
County: Blue Earth
State: MN
Zip Code: 56001
Complex/Dev/Subdivision: Dukes Add

Assessments

Assessment Balance: 20
Tax With Assessments: 2620

Building Information

Finished SqFt Above Ground: 1557

More Information

Income and Expenses

Annual Electric Expense: 1600
Annual Fuel Expense: 1620
Annual Gross Expenses: 8623
Annual Gross Income: 20760
Annual Insurance Expense: 1300
Annual Water/Sewer Expense: 1600
Total Annual Expenses: 8623
Annual Caretaker Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 11220
Finished SqFt: 957
Full Baths: Yes
Monthly Rent: 935
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Leased?: Yes
Level: Multi-Level
Unit Number: 2
Annual Rent: 9000
Finished SqFt: 672
Full Baths: Yes
Monthly Rent: 750
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: DUKES ADD ELY 90' OF 008 011 00
Listing City: Mankato
Map Page: 999
Municipality: Mankato
School District: Mankato
School District Phone: 507-387-1868
Zip Plus 4: 1457
Property ID Number: R010908111018
Tax Year: 2026
Tax Amount: 2600
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: INVESTORS! This great opportunity has a 2-bedroom, 1 bath, main floor unit with its own coin-operated laundry in the basement. The upper level unit offers 1-bedroom, 1 bath with a nice living space. Both units have access to the open porch and off-street parking. New roof in June 2023, energy efficient furnace in 2022, & water heater in May 2024. Upper unit stove & refrigerator, & lower unit bathtub recently replaced too. Property is sold as-is.
Directions: From Riverfront Drive, go SOUTH on Thompson Street. Take a LEFT on N 5th St. Property will be the 1st one on your left.

Accessible

None: Yes

Basement

Partial: Yes

Construction Status

Previously Owned: Yes

Exterior

Slate: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Parking Characteristics

Garage Dimensions: No

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

See Remarks: Yes

Unit 1 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes

Unit 1 Appliances

Dryer: Yes
Exhaust Fan/Hood: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes

Unit 2 Amenities

Walk-Up Attic: Yes

Unit 2 Appliances

Exhaust Fan/Hood: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

Window: Yes

Listing Office: Bridge Realty, LLC

Last Updated: July - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.