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123 N 4th StreetMankato, MN 56001




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$9,58128-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Active Under Contract | |
| 5 months ago | Price changed to $2,100,000 | |
| 5 months ago | Listing first seen on site |
Listing information is provided by Participants of the REALTOR Association of Southern Minnesota MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, REALTOR Association of Southern Minnesota MLS.
Data last updated at: 2026-09-14 04:52 AM UTC
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HOURS
Mon – Fri – 8:00 am – 5:30 pm and by appointment
Sat – By appointment
Sun – Closed







