$425,000
1614 and 1622 3rd Avenue Mankato, MN 56001
For Sale MLS# 7069149
2,423 sq ft Commercial
Details for 1614 and 1622 3rd Avenue
MLS# 7069149
Description for 1614 and 1622 3rd Avenue, Mankato, MN, 56001
1614 + 1622 3rd Ave – Residential Package Rare chance to purchase two residential properties together in central Mankato. Package includes a 4-bedroom licensed rental with a 5 unrelated rental license plus a second home ready for full renovation. Insulated oversized 2 stall garage with office and loft area and ample parking lot. Strong opportunity for an investor seeking income, value-add potential, and long-term upside. Properties sold as-is. Buyer to verify licensing, condition, use, and assessments.
Listing Information
Property Type: Commercial, Other
Status: Active
Lot Size: 0.37 Acres
Square Feet: 2,423 sq ft
Year Built: 1920
Foundation: 2,423 sq ft
Garage: Yes
Subdivision: Mankato City
Number Of Units Total: 2
Current Use: Other
County: Blue Earth
Days On Market: 21
Construction Status: Previously Owned
School Information
District: 77 - Mankato
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Open Parking: 8
Parking Description: Detached Garage
Exterior: Vinyl
Lot Dimensions: 65X158
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Land
Driving Directions
Travel north on Riverfront Drive, turn left on 3rd Ave. Properties are on the left.
Financial Considerations
Other Annual Tax: $20,074
Tax/Property ID: R010906460011
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: True Real Estate
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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1614 and 1622 3rd Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1614 and 1622 3rd Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.