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
Active
$500,000
520 S 2nd St, Mankato, MN 56001
9beds
5baths
3,000sqft
Duplex Up and Down
Built in 1884
-- sqft lot
$482,200 Zestimate®
$167/sqft
$-- HOA
What's special
Rented garageRented parking spacesFour bathroomsNine bedrooms
- 68 days
- 126
- 4
Zillow last checked:
Listing updated:
Listed by:
Kevin Goettl 651-500-4720,
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7098936
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: 127 days
- Tenant pays: Broadband, Cable TV, Telephone
Estimated market value
$482,200
$458,000 - $506,000
$1,856/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 | ||
| 10/17/2023 | Listing removed | -- |
Source:  RASM #7032280 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 56001
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