118 E Spring Street, Mankato, MN, 56001
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About this home
Why rent when you can own? This affordable home offers the perfect opportunity to start building equity instead of paying rent. Offered for sale for the 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 you peace of mind for years to come. Improvements include maintenance-free siding, a newer roof, Renewal by Andersen® windows, newer flooring, new furnace, new central 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 spacious kitchen. 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 layout features a comfortable primary bedroom plus a second walk-through bedroom—ideal for a nursery, home office, walk-in closet, or guest space. The basement offers laundry, 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 or a stragetic business location. Long driveway for off-street parking. In close proximity to downtown Mankato.
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Home facts
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
- $1,072 (2025)
- Listed
- Oct 6, 2026
- Days on market
- 27 · 74 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
118 E Spring Street, Mankato, MN, 56001
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Listing information
Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

