113 / 119 E Welcome AVE, Mankato, MN 56001
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113 / 119 E Welcome AVE, Mankato, MN 56001
113 / 119 E Welcome AVE, Mankato, MN 56001
113 / 119 E Welcome AVE, Mankato, MN 56001
113 / 119 E Welcome AVE, Mankato, MN 56001

$1,590,000

Est. payment /mo

$1,650,000

3.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

113 / 119 E Welcome AVE Mankato, MN 56001

28 Beds

12 Baths

0.67 Acres Lot

SOLD DATE : 08/24/2026

Key Details

Sold Price $1,590,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Meurers Sub

MLS Listing ID 7046237

Sold Date 08/24/26

Bedrooms 28

Year Built 1961

Annual Tax Amount $12,790

Tax Year 2025

Contingent None

Lot Size 0.674 Acres

Lot Dimensions 219x134

Property Description

Rare opportunity to acquire two large 4plexes near MSU Campus! 100% fully leased through July of 2027. Monthly Rent total is $14,775. There are four 5bedroom units and four 2bedroom units. Full financials and rent roll available upon request.

Location

State MN

County Blue Earth

Zoning Residential-Multi-Family

Rooms

Basement Block, Egress Window(s), Finished, Full, Sump Basket, Sump Pump

Interior

Heating Boiler

Cooling Wall Unit(s), Window Unit(s)

Fireplace No

Appliance Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer

Exterior

Parking Features Parking Lot, Paved Lot

Utilities Available Electric Separate, Hot Water Common

Roof Type Asphalt

Present Use Residential

Building

Foundation 1836

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Mankato

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Listed by Joseph Schnell • Top Tier Real Estate LLC
Peter Dokken

Peter Dokken

Agent License ID: 20441625

+1(507) 251-4151

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