# 1104 N 5th Street, Mankato, MN 56001

> **TL;DR:** 5bd/2ba multi-family, $280,000 ($229/sqft), built 1896, 1,225 sqft. Est. $1,213/mo. Listed 26 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $280,000 |
| Price/sqft | $229 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 1,225 |
| Year Built | 1896 |
| Lot Size | 10,454 sqft (0.24 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Triplex) |
| Status | For Sale |
| Days on Market | 26 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,213 |
| **Total** | **$1,213** |

## Property Highlights

- Built in 1896
- 0.24 acre lot
- 2 stories

## Description

### Agent Description
Opportunity knocks with this cash-flow tri-plex! Strong performing rental property generating $33,480 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!

## Location

- **Address:** 1104 N 5th Street, Mankato, MN 56001
- **County:** Blue Earth County
- **Coordinates:** 44.174524, -93.988604
- **Google Maps:** https://www.google.com/maps?q=44.174524,-93.988604

## Listing Agent

- **Name:** Christa Wolner
- **Brokerage:** Connect Real Estate Group
- **Phone:** 5073276300
- **Email:** christa@connectmankato.com

## Primary Photo

![1104 N 5th Street - Primary Photo](http://lh.rdcpix.com/578436115421cdacadc25ce10bd93146l-f2825117091r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/1104-n-5th-street-mankato-mn-56001-7040188)*

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**MLS#:** 7040188 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1104-n-5th-street-mankato-mn-56001-7040188)

---

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