Active

$500,000

520 S 2nd St, Mankato, MN 56001

9beds

5baths

3,000sqft

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Duplex Up and Down

Built in 1884

-- sqft lot

$483,200 Zestimate^®

$167/sqft

$-- HOA

What's special

Rented garageRented parking spacesFour bathroomsNine bedrooms

Motivated seller. Lease option or CONTRACT for DEED possible. Price in all terms negotiable. LOCATED IN AN OPPORTUNITY ZONE. ZONED CBDF-central business district fringe. Bring in all offers. Control this property for flexible down payment and terms, triple net lease preferred. Zoned for commercial or residential use. Rented parking spaces. Rented garage. Nine bedrooms, four bathrooms

18 days

238

5

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5

Heating

Baseboard, Forced Air

Features

Basement: Unfinished

Interior area

Total structure area: 4,000
Total interior livable area: 3,000 sqft
Finished area above ground: 3,000
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Assigned, Parking Lot
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 10,410 Square Feet
Dimensions: 66 x 157.5

Details

Foundation area: 1000
Parcel number: R010918106027
Zoning description: Business/Commercial,Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Condition

New construction: No
Year built: 1884

Utilities & green energy

Gas: Electric, Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Auditors 1

Location

Region: Mankato

Financial & listing details

Price per square foot: $167/sqft
Tax assessed value: $357,900
Annual tax amount: $5,410
Date on market: 6/24/2026
Cumulative days on market: 140 days
Tenant pays: Broadband, Cable TV, Telephone

Estimated market value

$483,200

$459,000 - $507,000

$2,029/mo

Price history

Date	Event	Price
6/24/2026	Listed for sale	$500,000-16.7%$167/sqft
Source: NorthstarMLS as distributed by MLS GRID #7098936 Report a problem
5/29/2026	Listed for rent	$2,080$1/sqft
Source: Zillow Rentals Report a problem
10/17/2023	Listing removed	--
Source: RASM #7032280 Report a problem
6/28/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/5/2023	Listed for rent	$2,080$1/sqft
Source: Zillow Rentals Report a problem
5/9/2023	Listed for sale	$599,900+9.1%$200/sqft
Source: RASM #7032280 Report a problem
5/3/2021	Sold	$550,000$183/sqft
Source: NorthstarMLS as distributed by MLS GRID #5702438 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,410 -6.9%	$357,900 -8.6%
2024	$5,810 +2.3%	$391,600 +1.4%
2023	$5,680 +25.1%	$386,100 +7.8%
2022	$4,542 +1.2%	$358,000 +39.8%
2021	$4,488 +4.1%	$256,100 +6.8%
2020	$4,310	$239,900
2019	$4,310 +10.4%	$239,900 -4.5%
2018	$3,904 +3.3%	$251,200 +2.6%
2017	$3,778 +10.5%	$244,900 +6.3%
2016	$3,420 +11127.8%	$230,400 +6.7%
2015	$30 -99%	$215,900 +3.9%
2014	$3,126	$207,700 -0.1%
2013	--	$208,000 +10.6%
2012	--	$188,100 -8.5%
2011	--	$205,600 -0.2%
2010	--	$206,100

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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