Great rental investment property with 5 unrelated rental license! Near shopping, schools & trails. Many updates have been made to this property: furnace (boiler), siding, some new windows, paint, lighting & updated bathrooms. Units share washer & dryer in the basement.
Closed
$215,000
309 State St, Mankato, MN 56001
4beds
2baths
2,320sqft
Multi Family
Built in 1911
-- sqft lot
$233,700 Zestimate®
$93/sqft
$1,473 Estimated rent
Home value
$233,700
$215,000 - $252,000
$1,473/mo
Zestimate® history
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Owner options
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$1,473/mo
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Rent Zestimate®
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$1,083/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 10:36pm
Listed by:
Ericka A Mikkelson 507-469-5323,
Landmark Realtors, LLC
Bought with:
Ericka A Mikkelson
Landmark Realtors, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6517090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
- Finished area above ground: 2,320
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Garage Dimensions (20X26)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 4,791 sqft
- Dimensions: 33 x 140
Details
- Foundation area: 1115
- Parcel number: R010813426005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Mankato
- Subdivision: Van Brunts Add Blk 1 To 10
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Sold | $215,000-9.5%$93/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6517090 Report a problem | ||
| 6/25/2024 | Pending sale | $237,500$102/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6517090 Report a problem | ||
| 5/21/2024 | Price change | $237,500-2.1%$102/sqft |
Source:  RASM #7034639 Report a problem | ||
| 4/10/2024 | Listed for sale | $242,500+51.6%$105/sqft |
Source: RASM #7034639 Report a problem | ||
| 4/23/2015 | Sold | $160,000+2.6%$69/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2280825 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,870 -8.6% | $229,200 +10.7% |
| 2024 | $3,140 +6.1% | $207,000 -10.6% |
| 2023 | $2,960 +13.1% | $231,500 +11.6% |
Find assessor info on the county website
Neighborhood: 56001
Nearby schools
GreatSchools rating
- 6/10Jefferson Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Dakota Meadows Junior High SchoolGrades: 6-8Distance: 2.5 mi
- 8/10Mankato West Senior High SchoolGrades: 9-12Distance: 0.3 mi
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- Minnesota
- Blue Earth County
- Mankato
- 56001
- 309 State St