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MLS# 7049981 - 123 N 4th Street Mankato, MN 56001
28-unit apartment building investment opportunity! This property features 23 one-bedroom units, 3 two-bedroom units, and 2 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

Keller Williams Premier Realty is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Kurilla Real Estate, Ltd. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Kurilla Real Estate, Ltd., a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/8/2026 12:48:00 PM.

28-unit apartment building investment opportunity! This property features 23 one-bedroom units, 3 two-bedroom units, and 2 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

Keller Williams Premier Realty is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Kurilla Real Estate, Ltd. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Kurilla Real Estate, Ltd., a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/8/2026 12:48:00 PM.