Mankato, MN 56001,108 Parsons Street
See all 20 photos
Mankato, MN 56001,108 Parsons Street
Mankato, MN 56001,108 Parsons Street
Mankato, MN 56001,108 Parsons Street
Mankato, MN 56001,108 Parsons Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
2026
1
Jan
Fri
2
Jan
Sat
3
Jan
Christa Wolner

Christa Wolner

Connect Real Estate Group

+1(507) 327-6300
$ 219,900
Est. payment /mo
Save
New

108 Parsons Street Mankato, MN 56001

4 Beds

3 Baths

2,238 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,238 sqft

Price per Sqft $98

Subdivision Mn

MLS Listing ID 7039235

Style Single Family Rental (L)

Bedrooms 4

Three Quarter Bath 3

Construction Status Previously Owned

Abv Grd Liv Area 1,522

Annual Tax Amount $1,874

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 66x45

Property Sub-Type Multi-Family

Property Description

Well-Maintained 4 Bedroom, 3 Bath Investment Opportunity with 5-Unrelated Rental License! This spacious and well-updated 4-bedroom, 3-bathroom property offers a strong opportunity for investors seeking a turn-key rental. The home holds the desired 5-unrelated rental license and is currently rented through May 2026, with long-term tenants in place who have expressed interest in renewing for 2026–2027, providing built-in stability for a new owner. Recent improvements include a new furnace, new water heater, fresh exterior paint, interior paint throughout, updated flooring, and more, allowing for peace of mind and reduced near-term capital expenses. The main level features a functional common layout with two family rooms and a full kitchen, creating flexible shared living space. Upstairs are three bedrooms, including a primary suite. Each upstairs bedroom is equipped with its own cabinet featuring a sink with running water and space for a microwave and mini-fridge, adding convenience and rental appeal. The lower level includes the fourth bedroom, a private ¾ bathroom, washer and dryer, and ample storage space. A solid property with thoughtful updates, strong rental history, and future income potential—this is a great opportunity for investors looking to expand their portfolio.

Location

State MN

County Blue Earth County

Area Mankato Central

Rooms

Basement Egress Windows, Partially Finished

Interior

Heating Forced Air

Appliance Dryer, Microwave, Range/Stove, Refrigerator, Washer

Exterior

Exterior Feature Wood

Parking Features Attached

Garage Spaces 1.0

Garage Description Attached

Amenities Available Ceiling Fans, Eat-In Kitchen, Hardwood Floors, # On Street Prkng Sp (L), # Off Street Prkng Sp (L)

Roof Type Asphalt Shingles

Total Parking Spaces 5

Building

Story 2 Story

Foundation 746

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District Mankato #77

Others

Energy Description Natural Gas

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by CENTURY 21 ATWOOD
Christa Wolner

Christa Wolner

Broker | License ID: 40391876

+1(507) 327-6300

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

108 Parsons Street