About This Home
Built in 1920, this brick-and-stone property at 221 E Walnut Street offers a six-unit investment layout in downtown Mankato. The listing includes six bedrooms and six bathrooms on a 0.07-acre lot, with the building currently fully leased. Notable updates and features include a newer roof, energy-efficient windows, baseboard heat, separate electrical meters, and a secure common entrance.
The property is suited to investors seeking a fully occupied building with established unit separation and practical operating features. Its brick-and-stone exterior reflects its early-20th-century construction, while the newer roof and energy-efficient windows add to the building’s current functionality. Located in Mankato, Minnesota, the property is offered at $599,000 and combines a central downtown setting with a multi-unit configuration.
Key Features
- Built in 1920
- 0.07 acre lot
Property Details
Fully leased six-unit investment property in downtown Mankato. Building features a newer roof, energy-efficientwindows, baseboard heat, separate electrical meters, & secure common entrance.
Monthly Cost Estimate
$3,204/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
221 E Walnut Street
Mankato, MN 56001
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 6-bedroom, 6-bathroom single family at 221 E Walnut Street is listed at $599,000. The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.07 acre lot. Exterior Features: Brick/Stone.
This property is listed by Shawna L. Wolfe and can be reached at (507) 424-4422.
