Incoming producing Investment property in central Mankato. 7 Bedroom Duplex with excellent rental history located on corner of North Fourth Street and Madison. Two units with separate meters. Main Level Unit is three bedroom & Upper unit is four bedroom. New roof, new floor coverings, Interior painted, new window treatments. Water/sewer, electric and gas are all split and paid by tenants. Currently owner pays garbage and snow removal/lawn care. Washer/Dryer available for tenants in basement. Adjoining off street parking for tenants.
Property Details
Property Features
Property Information:
Year Built: 1911
Living Area: 2,155 SqFt
Listing Office:
Office Name: True Real Estate
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Paved
Lot Features
Lot Information:
Lot: Corner Lot
Utilities
Utilities Information:
Heating: Forced Air
School Info
Assigned Schools Information:
East Senior High School, Public District Grades 9-12
East Junior High School, Public District Grades 7-8
Franklin Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Corner of Madison Ave and North Fourth Street
Price Information
Listing Price Info
Price Summary:
List Price: $259,900
Price Per SqFt: $121/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mankato, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,365
Per Month
Principal & Interest
$1,298
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$846
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Franklin Elementary School
1000 N Broad St
Distance between this listing and this school0.18 miles
Public District Grades KG-6
Middle School
3
/10
East Junior High School
2600 Hoffman Rd
Distance between this listing and this school1.92 miles
Public District Grades 7-8
High School
5
/10
East Senior High School
2600 Hoffman Rd
Distance between this listing and this school1.92 miles
Public District Grades 9-12
Assigned Schools
8
/10
Franklin Elementary School
1000 N Broad St
Distance between this listing and this school0.18 miles
Public District Grades KG-6
Nearby Schools
5
/10
Washington Elementary School
1100 Anderson Dr
Distance between this listing and this school0.85 miles
Public District Grades KG-5
6
/10
Monroe Elementary School
441 Monroe Ave
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Assigned Schools
3
/10
East Junior High School
2600 Hoffman Rd
Distance between this listing and this school1.92 miles
Public District Grades 7-8
Nearby Schools
4
/10
Dakota Meadows Middle School
1900 Howard Dr W
Distance between this listing and this school2.70 miles
Public District Grades 7-8
4
/10
St. Peter Middle School
100 Lincoln Dr
Distance between this listing and this school10.82 miles
Public District Grades 7-8
Assigned Schools
5
/10
East Senior High School
2600 Hoffman Rd
Distance between this listing and this school1.92 miles
Public District Grades 9-12
Nearby Schools
1
/10
Riverbend Academy
110 N 6th St
Distance between this listing and this school0.61 miles
Public Charter Grades 6-12
3
/10
Central High Area Learning Center
110 Fulton St
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $51,804. Typical income of Mankato, MN residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
This home is located at 830 4th St in Mankato, MN and zip code 56001. This 2,155 square foot home was built in 1911. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $259,900.
In March 2024, from all listings sold in Mankato, MN there were more than 1 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Mankato, MN real estate market has seen increase in the number of listings by 23.4%. In March 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $275,000.
From Rocket Homes Real Estate and based on county public records data.