Warrens Add Mankato 2
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About this home
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.
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Home facts
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Bath breakdown
- 3 3/4
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
Property
- Levels / stories
- Two
- Garage
- 1 space
- Parking features
- Attached Garage, Concrete
- Patio & porch
- Patio, Porch
- Lot size
- 0.068 acres
- Lot dimensions
- 66x45
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Foundation
- 746 sqft
- Roof
- Asphalt
- Year built
- 1908
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Warrens Add Mankato 2
- HOA
- No HOA
- School district
- Mankato
Financial & listing details
- Annual tax
- $1,874.32 (2025)
- Tax with assessments
- 1916
- Listed
- Dec 30, 2025
- Days on market
- 272 · 15 cumulative
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
108 Parsons Street, Mankato, MN, 56001
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Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
