MLS# 7049981 - 123 N 4th Street Mankato, MN 56001 | Alex Bloch

28-unit apartment building investment opportunity! This property features 23 one-bedroom units, 3 two-bedroom units, and 2 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.

Keller Williams Premier Realty is the brokerage office representing the owner for this listing.
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Edge of the Wilderness Lakes & Homes Realty - Alexandra Bloch is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edge of the Wilderness Lakes & Homes Realty - Alexandra Bloch, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/7/2026 6:51:00 PM.