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520 S 2nd Street
Mankato, MN 56001

Price
$564,900

MLS #
7025043

Status
Active

Built in 1884

Blue Earth County

Description
LOCATED IN AN OPPORTUNITY ZONE. This investment property has four streams of income. There is a main level five bedroom, three bath apartment. There is an upper level four bedroom one bath apartment. Both apartments include a washer/dryer. There is off street parking for tenants and guests. There are six rented parking stalls adding extra income. The double garage is also rented separately. The interior finishes include marble, tile, granite, and stainless steel appliances. There is a private 19x17 patio on the south side of the property. This is located on the city bus route and walkable to everything downtown. It's about a half mile to Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe. The garage is a possible office conversion.

School District
Mankato

2025 Property Taxes
$5,410

Directions
Main St. to Second St. go S.

Zoning
Business/Commercial Zone

Features


Utilities
Electric Separate,Heating Separate,Hot Water Common

Cooling
Central Air

Heating
Baseboard,Forced Air

Sewer
City Sewer/Connected

Water
Public

Additional Info


Includes
Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer

Listed By
Kevin Goettl of RE/MAX Results

Listed
02/20/26 and last updated 02/24/26

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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