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Listed price in listed location currency (USD).
$219,900

430

MLS® 7039235

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2238 sqft
Garage Yes
Taxes $1,874
Days Active 0
Lot Size 0.07 acres
Approx. Age 
Avg. Price Per Sqft $98
MLS® Number 7039235

Property Address: 108 Parsons St, Mankato, MN, 56001-3844

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7039235
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageYes
Approx. Age
BasementStone, Full, Egress Windows, Partially Finished
DrivewayAttached, Driveway - Concrete
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 30, 2025List Date
$219,900List Price
  • Commute

Commute

Starting Address
Destination Address
108 Parsons St, Mankato, MN

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