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1104 N 5th Street Fifth
Mankato MN 56001 US

$280,000

Active Listing ID 7040188
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5 bed
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2.00 Bath (2 Full)
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Lot: 0.24 Acres
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Multi Family

$280,000

Active Listing ID 7040188
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1104 N 5th Street Fifth Opportunity knocks with this cash-flow tri-plex! Strong performing rental property generating $34, 680 in annual gross rental income with an attractive cap rate potential at current list price. All three units currently occupied with established rental income in place. Tenants pay all utilities! Excellent opportunity for investors seeking immediate cash flow with future rental upside potential. Property offers a diverse unit mix with strong tenant appeal and a price point difficult to find in today’s multifamily market. Whether adding to an existing portfolio or entering multifamily investing for the first time, this property offers solid income, long-term appreciation potential, and strong demand in the area. Attractive price point, solid income history, and versatile occupancy options make this a property you won’t want to miss!

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Full Bathrooms: 2
  • Roof Type: Asphalt, Shingle

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 280000
  • unparsedaddress: 1104 N 5th Street
  • unitnumber: Fifth
  • postalcity: Mankato
  • stateorprovince: MN
  • country: US
  • postalcode: 56001
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.24
  • lotsizeunits: Acres
  • lotsizearea: 0.24
  • livingarea: 2330
  • livingareaunits: Square Feet
  • latitude: 44.174524
  • longitude: -93.988604
  • listagentfullname: Christa Wolner
  • listagentemail: christa@connectmankato.com
  • listagentkey: 3yd-RASMMN-1784
  • listagentmlsid: 1784
  • listagentpreferredphone: 5073276300
  • listagentofficephone: 5073276300
  • listofficekey: 3yd-RASMMN-17842
  • listofficemlsid: 17842
  • disclaimer: Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RASMMN
  • yearbuilt: 1896
  • listingcontractdate: 2026-05-06
  • countyorparish: Blue Earth County
  • parcelnumber: R01.09.08.154.013
  • elementaryschooldistrict: Mankato #77
  • middleorjuniorschooldistrict: Mankato #77
  • highschooldistrict: Mankato #77
  • appliances: Range, Refrigerator
  • constructionmaterials: Brick
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 12
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • interiorfeatures: Unfinished
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • entrylevel: Main, Upper
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.9886, 44.174522
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Connect Real Estate Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"christa@connectmankato.com", "ListBrokerageCity":"Mankato", "ListBrokerageCountry":"US", "ListBrokerageEmail":"christa@connectmankato.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Connect Real Estate Group", "ListBrokeragePhone":"507-327-6300", "ListBrokeragePostalCode":"56001", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"30 Map Drive", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"530 W Pleasant Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1784", "ListOfficeCity":"Mankato", "ListOfficeCountry":"US", "ListOfficeEmail":"christa@connectmankato.com", "ListOfficePostalCode":"56001", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex, Multi-Family - Mankato, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1104-N-5th-St_Mankato_MN_56001_M81665-78113?f=listhub&s=RASMMN&m=7040188&c=rexren", "MLSModificationTimestamp":"2026-05-11T06:16:28Z", "Neighborhoods":[{"Description":null, "Name":"MANKATO CENTRAL"}], "PostalCode":null, "RawPropertySubType":"Multi-Family", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4320, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/11/2026 8:00:46 AM GMT
Source Updated Date: 5/12/2026 6:41:10 PM GMT

Courtesy of: Christa Wolner, Connect Real Estate Group, christa@connectmankato.com

Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.