Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker River Valley, Realtors

1104 N 5th Street, 
Mankato, MN 56001

$270,000


—

Bed


1

Bath


2,330

Sq Ft


Multi-Family

Sold

Listed by

Cori Haala

Connect Real Estate Group

MLS#

7040188

Source:

MN RASM

Sorry, we are unable to map this address

About This Home

1104 N 5th Street

Opportunity knocks with this cash-flow tri-plex! Strong performing rental property generating $33,480 in annual gross rental income with an attractive cap rate potential at current list price. All three units currently occupied with established rental income in place. Tenants pay all utilities! Excellent opportunity for investors seeking immediate cash flow with future rental upside potential. Property offers a diverse unit mix with strong tenant appeal and a price point difficult to find in today’s multifamily market. Whether adding to an existing portfolio or entering multifamily investing for the first time, this property offers solid income, long-term appreciation potential, and strong demand in the area. Attractive price point, solid income history, and versatile occupancy options make this a property you won’t want to miss!

Home Facts

Multi-Family

1 Bath

Price Summary

280,000

$120 per Sq. Ft.

MLS #:

7040188

Sold:

September 18, 2026


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

2,330 Sq. Ft.


Structure

Structure

Architectural Style:

Triplex

Building Area:

2,330 Sq. Ft.


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$280,000

Price per Sq. Ft:

$120 per Sq. Ft.

Source:MN RASM
The information being provided by REALTOR® Association Of Southern Mn, Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 REALTOR® Association Of Southern Mn, Mls All rights reserved.