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2026

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Neal Lawson

nouse.neal@mndreamteam.com +1(612) 418-5892

$ 219,900

Est. payment -/mo

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108 Parsons ST Mankato, MN 56001

4 Beds

3 Baths

2,238 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,238 sqft

Price per Sqft $98

Subdivision Warrens Add Mankato 2

MLS Listing ID 7003401

Bedrooms 4

Three Quarter Bath 3

Year Built 1908

Annual Tax Amount $1,874

Tax Year 2025

Contingent None

Lot Size 2,962 Sqft

Acres 0.068

Lot Dimensions 66x45

Property Sub-Type Single Family Residence

Property 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.

Location

State MN

County Blue Earth

Zoning Residential-Single Family

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Appliance Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Attached Garage, Concrete

Garage Spaces 1.0

Roof Type Asphalt

Building

Story Two

Foundation 746

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Mankato

Listed by Chad Ziemke • Century 21 Atwood

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

108 Parsons ST Mankato, MN 56001

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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