$2,100,000$
123 N 4th Street
Mankato, MN, 56001
About 123 N 4th Street
28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.
Listing Provided Courtesy of Keller Williams Premier Realty
123 N 4th Street Property Details
Price:
$2,100,000
MLS #:
NST7049981
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Mankato
Listed Date:
Apr 6, 2026
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1926
Schools
School District:
Mankato
Interior Features
Heating
Boiler
Levels
Three Or More
Exterior & Lot Features
Accessibility Features
None
Exterior Features
Stone
Parking Features
On-Street Parking Only
Property Taxes & Financial Details
Tax Year
2026
Taxes
$24,063
Location
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123 N 4th Street
Mankato, MN




