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$264,995 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,959 Sq. Ft.
  • 3 Car Garage
  • Updated 2 days ago
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This 3-bedroom, 2-bath, 3-stall garage home is located in the desirable Lower North neighborhood of North Mankato. This turn-of-the-century property has been thoughtfully updated while maintaining much of its original character and historic features. The main level offers a spacious living room with a shiplap accent wall, a bright sunroom, and a large dining room with white beadboard wainscoting and wood plank flooring that continues into the kitchen with a butcher block island and stainless steel appliances. Off the kitchen are a full bath, enclosed back entry/mudroom, and access to the basement, which features a recently remodeled family room, laundry area, and half bath. Upstairs are three bedrooms, including a large primary bedroom with a walk-in closet. The property also includes a spacious backyard with a fire pit area and deck, and a large 3-stall garage/shop that is insulated and heated, with ceiling fans, a workbench, and an oversized concrete slab for additional parking. Additional recent updates include fresh interior paint, new window treatments throughout, and new flooring in the front porch.

Full Property Details for 541 Nicollet Ave

General

  • Price: $264,995
  • Taxes: $3,187 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7012118
  • Updated: 1/23/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Separate Formal Dining Room
  • Formal Dining Room: Separate/Formal Dining Room

Additional Information

  • Amenities: Deck

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Description: 36 x 24
  • Garage Spaces: 3
  • Parking Features: Detached Garage

Location

  • County: Nicollet
  • Township: North Mankato
  • Subdivision: Nels Andersons Add
  • Driving Directions: From Mankato, head north on Riverfront Drive and turn left onto US-14 W / MN-60 W toward North Mankato. Take the exit toward Belgrade Avenue, then turn right onto Belgrade Avenue. Continue for about half a mile, then turn left onto Nicollet Avenue. Follow Nicollet Avenue for two blocks; 541 Nicollet

School Information

  • School District: 2262 - Mankato
  • High School District: Mankato

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 728
  • Disability Access: None
  • Square Feet: 1,959
  • Above Ground: 1,668 Sq. Ft.
  • Below Ground: 728 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.172
  • Lot Dimensions: 50 x 150
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $3,187
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: BLOCK 2 LOT 5 SUBDIVISIONCD 18414 SUBDIVISIONNAME NELS ANDERSON'S ADD
  • Property ID: 184140180

Listed by True Real Estate

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— 541 Nicollet Ave —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 541 Nicollet Ave

School District:Mankato Public School District
NameGradesDistance
Monroe Elementary School, North Mankato, MN
441 Monroe Avenue, North Mankato, MN 56003
K-50.5 mi
Dakota Meadows Junior High School
1900 Howard Dr, North Mankato, MN 56001
6-81.9 mi
Mankato West Senior High School
1351 South Riverfront Drive, Mankato, MN 56001
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 541 Nicollet Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$264,995
-2.93%
MLS
2/03/2025
Sold
$273,000
—
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 541 Nicollet Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,208
6%
$271,000
—
2023
$3,016
21%
$271,000
10%
2023
$2,494
11%
$246,100
18%
2022
$2,256
11%
$207,800
19%
2020
$2,038
4%
$174,300
3%
2019
$1,968
—
$168,900
7%
2019
$1,968
—
$157,900
—
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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Listed by True Real Estate

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541 Nicollet Avenue, North Mankato, MN 56003 (MLS# 7012118) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 541 Nicollet Avenue is currently listed for $264,995 and was received on January 23, 2026. Want to learn more about 541 Nicollet Avenue? Do you have questions about finding other Single Family real estate for sale in North Mankato? You can browse all North Mankato real estate or contact a Coldwell Banker agent to request more information.

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