Charming and full of character! This North Mankato home offers 2 bedrooms and 1 bathroom on the main floor, showcasing beautiful original hardwood floors, timeless woodwork, and an abundance of natural light throughout. A cozy enclosed porch connects the home and garage, creating additional functional living space and a welcoming place to relax. The lower level features an additional bedroom, bathroom, living room, and efficiency kitchen setup, providing flexibility for extended family, guests, a home office, or rental income potential. The property currently maintains a 2-unrelated rental license, offering opportunities for both owner-occupants and investors. Major updates have already been completed, including a new roof, boiler, and water heater within the last three years, providing peace of mind for years to come. Conveniently located near schools, parks, shopping, and local amenities, this home blends classic character, practical updates, and versatile living options. Whether you’re looking for a place to call home or a property with income-producing potential, this one is worth a look
Sold-co-op by mls member
$245,500
506 W Wheeler Ave, Mankato, MN 56003
3beds
1,976sqft
Single Family Residence
Built in 1959
3,484 Square Feet Lot
$250,900 Zestimate®
$124/sqft
$1,892 Estimated rent
Home value
$250,900
$238,000 - $263,000
$1,892/mo
Zestimate® history
Owner options
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$1,892/mo
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$1,892/mo
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$1,540/mo
Est. payment
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$1,540/mo
Est. payment
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List your homeWhat's special
Beautiful original hardwood floorsClassic characterTimeless woodworkWelcoming place to relaxAdditional functional living spaceNew roofCozy enclosed porch
Zillow last checked:
Listing updated:
Listed by:
Mike Danberry,
Realty Executives Associates
Bought with:
ZAC MURRA
American Way Realty
Source: RASM,MLS#: 267040541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Main
- Area: 152.95
- Dimensions: 13.3 x 11.5
Bedroom 1
- Level: Main
- Area: 126.5
- Dimensions: 11 x 11.5
Bedroom 2
- Level: Basement
- Area: 110
- Dimensions: 11 x 10
Dining room
- Features: Combine with Kitchen, Eat-in Kitchen
Family room
- Level: Basement
- Area: 312
- Dimensions: 13 x 24
Kitchen
- Description: window above sink
- Level: Main
- Area: 178.5
- Dimensions: 10.5 x 17
Living room
- Description: large window
- Level: Main
- Area: 270
- Dimensions: 20 x 13.5
Heating
- Hot Water, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer, Gas Water Heater
Features
- Ceiling Fan(s), Eat-In Kitchen, Natural Woodwork, Mother-In-Law Apt. (L), Main Floor Bedrooms
- Flooring: Hardwood
- Windows: Double Pane Windows
- Basement: Egress Windows,Finished,Block,Full
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
- Finished area above ground: 988
- Finished area below ground: 988
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Concrete, Attached, Garage Door Opener
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
Lot
- Size: 3,484 Square Feet
- Dimensions: 68 x 50
Details
- Foundation area: 988
- Parcel number: 185600220
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler (L)
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Stone, Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1959
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Mankato
Financial & listing details
- Price per square foot: $124/sqft
- Annual tax amount: $2,567
- Date on market: 7/18/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $245,500-1.8%$124/sqft |
Source:  RASM #267040541 Report a problem | ||
| 6/25/2026 | Pending sale | $250,000$127/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7090209 Report a problem | ||
| 6/10/2026 | Listed for sale | $250,000+11.1%$127/sqft |
Source: RASM #267040541 Report a problem | ||
| 7/23/2021 | Sold | $225,000+16%$114/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6008923 Report a problem | ||
| 6/17/2021 | Pending sale | $194,000$98/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6008923 Report a problem | ||
| 6/15/2021 | Listed for sale | $194,000$98/sqft |
Source:  RASM #7027304 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 56003
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Nearby schools
GreatSchools rating
- 6/10Monroe Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Dakota Meadows Junior High SchoolGrades: 6-8Distance: 1.9 mi
- 8/10Mankato West Senior High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Mankato #77
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Minnesota
- Nicollet County
- North Mankato
- 56003
- 506 W Wheeler Ave
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