Listed at
$144,900
$137/sqft

Mankato

118 E Spring Street, Mankato, MN, 56001
2  Bedrooms1  Bathroom1,056  Square Feet0.055  Acres
Days on market66
Year built1896
ParkingConcrete
TypeResidential
Est. $1,347buyer credit when you buy with SODL
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About this home

This affordable home offers the perfect opportunity to start building equity instead of paying rent. Offered for sale forthe first time ever, this home has been lovingly cared for by the same family for generations. The current owner has already invested in the major updates, giving youpeace of mind for years to come. Improvements include maintenance-free siding, a newer roof, Renewal by Andersen® windows, newer flooring, new furnace, newcentral air, newer appliances, and more! Just needs your cosmetic touches! Enjoy a bright living room filled with natural light, a formal dining room, and a spaciouskitchen. The home was originally designed with main-floor laundry, making it easy to relocate the washer and dryer if desired. Upstairs, the story-and-a-half layoutfeatures a comfortable primary bedroom plus a second walk-through bedroom—ideal for a nursery, home office, walk-in closet, or guest space. The basement offerslaundry, abundant storage, and a stand-alone shower. Outside, you'll find two storage sheds, providing plenty of space for lawn equipment, tools, and seasonal storage. Small in size but big on value, this well-maintained home combines generations of pride in ownership with thoughtful updates, making it an excellent opportunity for first-time buyers or anyone looking for an affordable place to call home. Long driveway for off-street parking. In close proximity to downtown Mankato.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1896
LevelsOne and One Half
Living area1,056 sqft
Above-grade finished1,056 sqft
Below-grade finished0 sqft
Lot size0.055 acres (33 x 66)
Days on market66
ListedJul 24, 2026
MLS #NST7115697
CountyBlue Earth
SubdivisionMankato
Parcel #R010907406022

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Exhaust Fan, Freezer, Microwave, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One and One Half
Parking features
Concrete
Exterior features
Metal
Fencing
Partial
Other structures
Storage Shed
Lot size
0.055 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Stone · 624 sqft
Roof
Asphalt
Year built
1896

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
100 Amp Service

Community & HOA

Subdivision
Mankato
HOA
No HOA
School district
77 - Mankato
High school district
Mankato

Financial & listing details

Annual tax
$1,052 (2025)
Tax with assessments
1072
Listed
Jul 24, 2026
Days on market
66
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementFull, Unfinished
HeatingForced Air
CoolingCentral Air
LaundryIn Basement
AppliancesDryer, Exhaust Fan, Freezer, Microwave, Refrigerator, Stainless Steel Appliances, Washer
DiningSeparate/Formal Dining Room
AmenitiesCeiling Fan(s), Hardwood Floors, Washer/Dryer Hookup
AccessibilityNone

Exterior & lot

ExteriorMetal
RoofAsphalt
FoundationStone
Foundation area624 sqft
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingConcrete
Garage spaces0

Financial details

Annual taxes$1,052
Tax year2025
Taxes w/ assessments1072
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District77 - Mankato
District number77
District phone5073871868
High schoolMankato
SODL flat fee brokerage
$1,347Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,347

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

$897/mo
Principal & interest$762
Property taxes$88
Home insurance (est.)$48
%
$28,980
0%50%
Credit score
Loan term

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

118 E Spring Street, Mankato, MN, 56001

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Listing information

MLS #NST7115697
StatusActive
Last updatedSep 23, 2026, 6:03 PM
Originally listedJul 24, 2026, 1:28 PM
Listing officeExecutive Associates Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.