# 414 Madison Avenue, Mankato, MN 56001

> **TL;DR:** 6bd/2ba residential multi family, $284,900, built 1906. Est. $1,235/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $284,900 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Year Built | 1906 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 10 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,235 |
| **Total** | **$1,235** |

## Property Highlights

- Built in 1906
- 0.07 acre lot
- 2 stories

## Description

### Agent Description
Investment property for sale, licensed as a two-unit, no-limit occupancy property. Great rental history, it is currently leased at $2,640/mo with tenants paying all utilities. Additional investment opportunities near the subject property are available and could be purchased as a small portfolio. Additional information is available upon request.

## Location

- **Address:** 414 Madison Avenue, Mankato, MN 56001
- **County:** Blue Earth County
- **Coordinates:** 44.172744, -93.990629
- **Google Maps:** https://www.google.com/maps?q=44.172744,-93.990629

## Listing Agent

- **Name:** CARLOS CARRERA
- **Brokerage:** RE/MAX DYNAMIC AGENTS
- **Phone:** 5077204663
- **Email:** carlos@mankatocre.com

## Primary Photo

![414 Madison Avenue - Primary Photo](http://lh.rdcpix.com/67d596d8de8a2a8dba52957d79369eb8l-f3731515220r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/414-madison-avenue-mankato-mn-56001-7040380)*

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**MLS#:** 7040380 | **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/414-madison-avenue-mankato-mn-56001-7040380)

---

## Structured Data

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  "description": "Investment property for sale, licensed as a two-unit, no-limit occupancy property. Great rental history, it is currently leased at $2,640/mo with tenants paying all utilities. Additional investment opportunities near the subject property are available and could be purchased as a small portfolio. Additional information is available upon request.",
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  "numberOfBedrooms": 6,
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