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1035 Thompson Ravine Road
Mankato MN 56001 US

$419,000

Active Listing ID 7028529
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8 bed
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Lot: 1.39 Acres
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Other

$419,000

Active Listing ID 7028529
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1035 Thompson Ravine Road Priced below replacement cost. 8 bed, 4 bath triplex in Mankato on over an acre lot in a growing location. All units are leased with monthly rent currently at $3050 at below market. Tenant pays all utilities. New floor, paint and furnace. Priced at above 6% cap current, (proforma higher with market appreciation, Cap rate calculates higher for self manage). Owner agent.

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Property Features

  • Facts
  • Lot Size: 1.39 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick/Stone
  • Roof Type: Flat
  • Heating Fuels: Forced Air

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 419000
  • unparsedaddress: 1035 Thompson Ravine Road
  • postalcity: Mankato
  • stateorprovince: MN
  • country: US
  • postalcode: 56001
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.39
  • lotsizeunits: Acres
  • lotsizearea: 1.39
  • livingarea: 3760
  • livingareaunits: Square Feet
  • latitude: 44.177479
  • longitude: -93.972002
  • listagentfullname: Parveen Kumar
  • listagentemail: parveen.kumar@exprealty.com
  • listagentkey: 3yd-RMLSMN-502053838
  • listagentmlsid: 502053838
  • listagentpreferredphone: 6124040166
  • listagentofficephone: 3205004397
  • listofficekey: 3yd-RMLSMN-26146
  • listofficemlsid: 26146
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1956
  • listingcontractdate: 2026-03-01
  • countyorparish: Blue Earth
  • parcelnumber: R010908277004
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • roof: Flat
  • waterfrontyn: False
  • exteriorfeatures: Brick/Stone
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.972, 44.17748
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"parveen.kumar@exprealty.com", "ListBrokerageCity":"White Bear Lake", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mn.broker@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/8ae96181093811e9bd630242ac11000a/20220215200355064.png", "ListBrokerageName":"EXP REALTY", "ListBrokeragePhone":"(612) 751-9303", "ListBrokeragePostalCode":"55110", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"Suite 122", "ListBrokerageUnparsedAddress":"4525 White Bear Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"4525 White Bear Parkway", "ListOfficeAddress2":"Suite 122", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"White Bear Lake", "ListOfficeCountry":"US", "ListOfficeEmail":"mn.broker@exprealty.net", "ListOfficePostalCode":"55110", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Mankato, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1035-Thompson-Ravine-Rd_Mankato_MN_56001_M81719-81674?f=listhub&s=RMLSMN&m=7028529&c=rexren", "MLSModificationTimestamp":"2026-04-21T16:22:40Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4402, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/21/2026 11:03:37 PM GMT
Source Updated Date: 4/30/2026 9:05:19 AM GMT

Courtesy of: Parveen Kumar, eXp Realty, parveen.kumar@exprealty.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.