221 Walnut St

$695,000

221 Walnut St, Mankato, MN 56001

For Sale

Multifamily

Active

Last Updated: 05/22/2025

Details:

Lot Area: 0.07 acres

Units: 6

Year Built: 1920

Zoning: Residential-Multi-Family

Offered by Realtor

Daniel Robinson

Lidstrom Commercial Realtors - Dan Robinson

Request Info to Unlock

Highlights:

Lot Size Dimensions: .06 acres
Stories: Two
Days on Market: 5

Description:

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property’s appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don’t miss out on this low-maintenance, income-generating opportunity—schedule a showing today!