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$500,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 9 Beds
  • 5 Total Baths
  • 3,000 Sq. Ft.
  • 2 Car Garage
  • Updated 16 hours ago
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Motivated seller. Lease option or CONTRACT for DEED possible. Price in all terms negotiable. LOCATED IN AN OPPORTUNITY ZONE. ZONED CBDF-central business district fringe. Bring in all offers. Control this property for flexible down payment and terms, triple net lease preferred. Zoned for commercial or residential use. Rented parking spaces. Rented garage. Nine bedrooms, four bathrooms

Full Property Details for 520 S 2nd St

General

  • Price: $500,000
  • Taxes: $5,410 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7098936
  • Updated: 6/25/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Assigned, Parking Lot

Location

  • County: Blue Earth
  • Township: Mankato
  • Subdivision: Auditors 1
  • Driving Directions: Warren St to 2nd Street

School Information

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

Heating & Cooling

  • Heating Type: Baseboard, Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1000
  • Disability Access: None
  • Square Feet: 3,000
  • Above Ground: 3,000 Sq. Ft.
  • Below Ground: 1,000 Sq. Ft.
  • Finished Down/Base.: 4,000 Sq. Ft.
  • Year Built: 1884

Lot Features

  • Lot Size (Acres): 0.239
  • Lot Dimensions: 66 x 157.5
  • Zoning: Business/Commercial, Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $21,050
  • Tax Amount: $5,410
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Heat, Hot Water, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Telephone
  • Pays Cable: Tenant Pays
  • Pays Electric: Owner Pays
  • Pays Heat: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: AUDITORS PLAT 1 LOT A 000 000 00
  • Property ID: R010918106027

Listed by RE/MAX Results

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Schools serving 520 S 2nd St

School District:Mankato Public School District
NameGradesDistance
Washington Elementary School, Mankato, MN
1100 Anderson Drive, Mankato, MN 56001
PK-51.3 mi
Prairie Winds Middle School
1200 Prairie Winds Drive, Mankato, MN 56001
6-82.9 mi
Mankato East Senior High School
2600 Hoffman Road, Mankato, MN 56001
9-122.3 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 520 S 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$500,000
-9.09%
MLS
5/03/2021
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 520 S 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,260
—
$407,600
14%
2026
$5,260
-9%
$357,900
-9%
2024
$5,805
29%
$391,600
53%
2021
$4,488
-21%
$256,100
-34%
2023
$5,680
—
$386,100
8%
2023
$5,680
32%
$358,000
49%
2020
$4,310
10%
$239,900
-4%
2019
$3,904
3%
$251,200
3%
2018
$3,778
10%
$244,900
6%
2017
$3,420
—
$230,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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520 S 2nd Street, Mankato, MN 56001 (MLS# 7098936) is a Duplex property with 9 bedrooms and 0 full bathrooms. 520 S 2nd Street is currently listed for $500,000 and was received on June 24, 2026. Want to learn more about 520 S 2nd Street? Do you have questions about finding other Duplex real estate for sale in Mankato? You can browse all Mankato real estate or contact a Coldwell Banker agent to request more information.

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