321 Warren Street Mankato, MN 56001

$525,000
Active
estimated monthly payment
4,126 Sq Ft  |  Triplex  |  MLS # 6673297
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About The Listing

Great Investment Opportunity – Two Triplexes on One Parcel!

Welcome to this prime multifamily investment featuring 2 triplexes on a single parcel. This 6-unit property offers strong, consistent cash flow from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a reliable income-producing asset, this is an opportunity you don’t want to miss.

Stable Income: All units are currently rented with reliable tenants.
Prime Location: Situated in a thriving area with easy access to amenities, public transportation, and local businesses.
Recent Updates: Several units have been updated in the past two years, including new flooring, fresh paint, and other interior upgrades.

Current Rents:

321-1: $950
321-2: $750
321-3: $725
323-1: $960
323-2: $825
323-3: $750

This multifamily investment offers a unique opportunity to own a well-maintained, income-generating property in a growing market.

Please reach out today with any questions!


Listing courtesy of TJ Stang, Financially Free, LLC
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1870
MLS #: 6673297
Square Feet: 4,126
Price Per Square Foot: $127
Garage Spaces: 0
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Forced Air
Basement: Stone/Rock
Construction Description: Block
Days On Market (Continuous): 6
Disability Features: None
Latest Update: 02/20/2025
List Date: 02/19/2025
Listing Agent ID: 506020389
Listing Office: Financially Free, LLC
Listing Office ID: 251773
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 55x100
Lot Size: 0.14 Acres
School District: Mankato
Tax Year: 2024
Estimated Taxes: $5,164
Contingency Type: None
City: Mankato
Zip: 56001
County: Blue Earth
Subdivision: Auditors 4
State: MN

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Listing last updated: 02/20/25

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