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$350,000

  • Sold
  • Closed
  • Commercial
  • 0.366 Acres
  • Updated 3 days ago
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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.

Full Property Details for 1614 and 1622 3rd Ave

General

  • Sold For: $350,000
  • Taxes: (2026)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7069149
  • Added to Site: 92 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

School Information

  • School District: 77 - Mankato
  • High School District: Mankato

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common

Financial Considerations

  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: MANKATO CITY N35' OF LOT 4 & ALL OF 005 025 00
  • Inclusions: Building, Land
  • Property ID: R010906460011

Listed by True Real Estate
Sold by Non-MLS

Listing agent

— 1614 and 1622 3rd Ave —

  • True Real Estate

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1614 and 1622 3rd Ave

School District:Mankato Public School District
NameGradesDistance
Franklin Elementary School, Mankato, MN
1000 North Broad Street, Mankato, MN 56001
K-50.5 mi
Prairie Winds Middle School
1200 Prairie Winds Drive, Mankato, MN 56001
6-83.5 mi
Mankato East Senior High School
2600 Hoffman Road, Mankato, MN 56001
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1614 and 1622 3rd Ave

Date
Details
Price
Change
Source
8/14/2026
Sold
$350,000
-17.65%
MLS
5/18/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by True Real Estate
Sold by Non-MLS

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1614 and 1622 3rd Avenue, Mankato, MN 56001 (MLS# 7069149) is a Commercial property that was sold at $350,000 on August 14, 2026. Want to learn more about 1614 and 1622 3rd Avenue? Do you have questions about finding other Commercial real estate for sale in Mankato? You can browse all Mankato real estate or contact a Coldwell Banker agent to request more information.