# 520 S 2nd Street, Mankato, MN 56001

> **TL;DR:** commercial, $564,900, built 1884. Est. $2,448/mo. Listed 101 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $564,900 |
| Year Built | 1884 |
| Lot Size | 10,411 sqft (0.24 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 101 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,448 |
| **Total** | **$2,448** |

## Property Highlights

- Built in 1884
- 0.24 acre lot

## Description

### Agent Description
LOCATED IN AN OPPORTUNITY ZONE. This investment property has four streams of income. There is a main level five bedroom, three bath apartment. There is an upper level four bedroom one bath apartment. Both apartments include a washer/dryer. There is off street parking for tenants and guests. There are six rented parking stalls adding extra income. The double garage is also rented separately. The interior finishes include marble, tile, granite, and stainless steel appliances. There is a private 19x17 patio on the south side of the property. This is located on the city bus route and walkable to everything downtown. It's about a half mile to Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe. The garage is a possible office conversion.

## Location

- **Address:** 520 S 2nd Street, Mankato, MN 56001
- **County:** Blue Earth
- **Neighborhood:** Auditors 1
- **Coordinates:** 44.16267, -94.005939
- **Google Maps:** https://www.google.com/maps?q=44.16267,-94.005939

## Listing Agent

- **Name:** Kevin Goettl
- **Brokerage:** RE/MAX Results
- **Phone:** 6515004720
- **Email:** kevin@resultsmetrogroup.com

## Primary Photo

![520 S 2nd Street - Primary Photo](http://lh.rdcpix.com/464cfde058353b87a7c1614976888ed8l-f8637197r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/520-s-2nd-street-mankato-mn-56001-7025043)*

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**MLS#:** 7025043 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Northstar MLS. 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/520-s-2nd-street-mankato-mn-56001-7025043)

---

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