About This Home

This 11-bedroom, 8-bathroom residential multi family at 412 Holly Lane in Mankato, MN is listed for $1,195,000. on a 0.44 acres lot.

Key Features

  • 0.44 acre lot
  • 2 stories

Property Details

2 stories
8 full
4-car garage
Listing Description

Fully renovated and fully occupied 4-unit townhome property offers both modern appeal and immediate income stability. Each spacious unit features 3 bedrooms and has been thoughtfully updated from top to bottom. Recent improvements include stainless steel appliances, updated plumbing and lighting, new fixtures throughout, with high-efficiency mechanicals-furnace, A/C condenser, and tankless water heater.

The interiors showcase stylish finishes with new tile flooring, plush carpet, fresh paint, and beautifully updated kitchens complete with new cabinetry and granite countertops. Bathrooms feature elegant marble vanities, and each unit includes its own high-efficiency washer and dryer for added convenience.

Additional amenities include a single-stall garage with keyless entry and a private rooftop deck with maintenance-free decking. Each unit generates top market rents, with tenants responsible for all utilities, making this a turnkey, low-maintenance investment with solid cash flow.

Monthly Cost Estimate

$6,391/mo

20% down · 6.5% · 30 years

Principal$864
Interest$5,178
Insurance$349

Estimates only. Actual payments may vary.

Location

412 Holly Lane

Mankato, MN 56001

Features & Amenities

Exterior Features

BalconyDriveway - Asphalt

Property Details

Heating

Forced Air

Questions & Answers

This 11-bedroom, 8-bathroom residential multi family at 412 Holly Lane is listed at $1,195,000. The estimated monthly payment is $6,392 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.44 acre lot, 2 stories. Exterior Features: Balcony, Driveway - Asphalt.

This property is listed by SHAWNA WOLFE.

SW

SHAWNA WOLFE

Agent at Keller Williams Premier Realty

Listed by Keller Williams Premier Realty · Broker phone: (507) 424-4422 · View on Broker Site · Broker website

MLS# 7039849· Source: Realtor Association of Southern Minnesota· 211 days on PropertySimple

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.

412 Holly Lane, Mankato, MN 56001

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