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123 N 4th Street
Mankato MN 56001 US

$2,100,000

Active Listing ID 7039895
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3 bed
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Multi Family

$2,100,000

Active Listing ID 7039895
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123 N 4th Street 28-unit apartment building investment opportunity! This property features 23 one-bedroom units, 3two-bedroom units, and 2 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Multi Family
  • Features
  • Cooling System: None (Cooling)
  • Roof Type: Flat

Property

  • propertytype: Commercial Sale
  • propertysubtype: Multi Family
  • listprice: 2100000
  • unparsedaddress: 123 N 4th Street
  • postalcity: Mankato
  • stateorprovince: MN
  • country: US
  • postalcode: 56001
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.165967
  • longitude: -93.997799
  • listagentfullname: SHAWNA WOLFE
  • listagentemail: swolfe@kw.com
  • listagentkey: 3yd-RASMMN-173
  • listagentmlsid: 173
  • listagentpreferredphone: 5074201877
  • listagentofficephone: 504742444256018
  • listofficekey: 3yd-RASMMN-18002
  • listagentstatelicense: 20215401
  • listofficemlsid: 18002
  • 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: 1926
  • listingcontractdate: 2026-04-06
  • listagenturl: http://www.kwprsearch.com
  • countyorparish: Blue Earth County
  • parcelnumber: R01.09.18.203.004
  • elementaryschooldistrict: Cook County #166
  • middleorjuniorschooldistrict: Cook County #166
  • highschooldistrict: Cook County #166
  • cooling: None (Cooling)
  • constructionmaterials: Brick
  • numberofunitstotal: 28
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.9978, 44.165966
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"swolfe@kw.com", "ListBrokerageCity":"Rochester", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kwprbroker@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Premier Realty", "ListBrokeragePhone":"(507) 424-4422", "ListBrokeragePostalCode":"55901", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2765 Commerce Drive NW", "ListBrokerageWebsiteUrl":"http://www.kwprsearch.com", "ListOfficeAddress1":"2765 Commerce Drive NW", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Rochester", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw521@kw.com", "ListOfficePostalCode":"55901", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Mankato, MN", "ListingURL":"https://listings.listhub.net/pages/RASMMN/7039895/?channel=rexren", "MLSModificationTimestamp":"2026-04-07T21:49:02Z", "Neighborhoods":[{"Description":null, "Name":"MANKATO CENTRAL"}], "PostalCode":null, "RawPropertySubType":"Multi-Family", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":24063.12, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/7/2026 10:30:46 PM GMT
Source Updated Date: 4/11/2026 6:55:26 PM GMT

Courtesy of: SHAWNA WOLFE, Keller Williams Premier Realty, swolfe@kw.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.