Login

1035 Thompson Ravine Road, Mankato, MN 56001

Mankato
Local realty services provided by:CENTURY 21 FM Realty
1035 Thompson Ravine Road,Mankato, MN 56001
$419,000
  • 8 Beds
  • 4 Baths
  • 3,760 sq. ft.
  • Multi-family
  • Active
Listed by: parveen kumar
Office: exp realty
MLS#:7028529
Source:ND_FMAAR

Price summary

  • Price:$419,000
  • Price per sq. ft.:$111.44

About this home

Priced below replacement cost. 8 bed, 4 bath triplex in Mankato on over an acre lot in a growing location. All units are leased with monthly rent currently at $3050 at below market. Tenant pays all utilities. New floor, paint and furnace. Priced at above 6% cap current, (proforma higher with market appreciation, Cap rate calculates higher for self manage). Owner agent. Preapproval letter preferred prior to showing , please contact the agent for rent roll. 24-48 hr notice needed for tenants prior to showing.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1956
  • Subdivision & Development:Gerdts Sub
  • Listing ID #:7028529
  • Added:150 day(s) ago
  • Updated:July 30, 2026 at 04:04 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,760 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat
  • Year built:1956
  • Building area:3,760 sq. ft.
  • Lot area:1.39 Acres

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$419,000
  • Price per sq. ft.:$111.44
  • Tax amount:$4,402

Parking

  • Garage spaces:1

New listings near 1035 Thompson Ravine Road