Do Real Estate on the Go!
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$419,000
8 Beds
4 Baths
3,760sqft
1035 Thompson Ravine Rd, Mankato, MN 56001
$419,000
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Triplex
Built in 1956
$-- HOA
1.39 acres lot
$111/sq.ft
Description
Priced below replacement cost. 8 bed, 4 bath triplex in Mankato on over an acre lot in a growing location. All units are leased with monthly rent currently at $3050 at below market. Tenant pays all utilities. New floor, paint and furnace. Priced at above 6% cap current, (proforma higher with market appreciation, Cap rate calculates higher for self manage). Owner agent.
- Houzeo last checked: 21 Minutes ago
- Listing updated: May 27, 2026 at 1:39 pm
- Listing Provided by: Parveen Kumar (612) 404-0166 | eXp Realty (320) 500-4397
- Source: Northstar MLS-MN | MLS#: 7028529
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
3,760 sqft
Lot Size
1.39 acres lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7028529
Days on Market
94
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
