Contngnt-home inspection

Price cut: $17.3K (6/24)

$182,500

2005 7th Ave, Mankato, MN 56001

3beds

1,714sqft

$1,258/mo

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Multi Family

Built in ----

-- sqft lot

$181,200 Zestimate^®

$106/sqft

$-- HOA

What's special

Functional living space

Investment opportunity in Mankato! This duplex offers strong income potential and endless possibilities for the right buyer. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or renovate and increase value, this property is full of opportunity. Each unit provides functional living space with the chance to add your own updates and improvements. Conveniently located in Mankato near shopping, dining, parks, and schools, this property is a great chance to build equity and generate rental income. Don’t miss out on this versatile investment property with tons of potential!

95 days

385

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Unit 1: None, Unit 2: None

Features

Basement: Partially Finished,Block,Full
Has fireplace: No

Interior area

Total structure area: 1,714
Total interior livable area: 1,714 sqft
Finished area above ground: 884
Finished area below ground: 830

Property

Parking

Parking features: Detached
Has garage: Yes

Features

Levels: One
Stories: 1

Lot

Size: 6,969 Square Feet
Dimensions: 50 x 140

Details

Foundation area: 884
Parcel number: R010906328003

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame/Wood, Vinyl Siding
Roof: Asphalt

Condition

Previously Owned
New construction: No

Utilities & green energy

Sewer: City
Water: Public

Community & HOA

Location

Region: Mankato

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $195,500
Annual tax amount: $2,882
Date on market: 5/21/2026
Total actual rent: 1740

Estimated market value

$181,200

$172,000 - $190,000

$1,431/mo

Price history

Date	Event	Price
6/24/2026	Price change	$182,500-8.7%$106/sqft
Source: RASM #7040357 Report a problem
5/21/2026	Listed for sale	$199,800+65.1%$117/sqft
Source: RASM #7040357 Report a problem
8/30/2019	Sold	$121,000-6.9%$71/sqft
Source: Public Record Report a problem
7/12/2019	Price change	$129,900-3.7%$76/sqft
Source: AMERICAN WAY REALTY #7021001 Report a problem
6/25/2019	Price change	$134,900-3.6%$79/sqft
Source: AMERICAN WAY REALTY #7021001 Report a problem
6/11/2019	Price change	$139,900-3.5%$82/sqft
Source: AMERICAN WAY REALTY #7021001 Report a problem
6/6/2019	Price change	$144,900-3.3%$85/sqft
Source: AMERICAN WAY REALTY #7021001 Report a problem
5/24/2019	Listed for sale	$149,900$87/sqft
Source: AMERICAN WAY REALTY #7021001 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,424 -6.4%	$195,500 +12%
2024	$2,590 +14.7%	$174,600 -8.4%
2023	$2,258 +24.6%	$190,700 +20.7%
2022	$1,812 +3.9%	$158,000 +35.5%
2021	$1,744 +4.9%	$116,600 +9.5%
2020	$1,662	$106,500
2019	$1,662 -3.8%	$106,500 -3.5%
2018	$1,728 +12.6%	$110,400 +12%
2017	$1,534 +17.1%	$98,600 +12.8%
2016	$1,310 +9794.3%	$87,400 -2%
2015	$13 -99.1%	$89,200 -0.2%
2014	$1,434	$89,400 -1.5%
2013	--	$90,800
2012	--	$90,800 -3%
2011	--	$93,600 -5.2%
2010	--	$98,700