Real Estate Investment Properties for Sale in Mankato, MN

Looking for investment property in Mankato, MN with high ROI ?

Explore a variety of short-term homes & houses in Mankato, MN. Invest wisely with VRBO & Mankato, MN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Mankato, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
702 N 6th Street Mankato, MN Rare opportunity for a Queen Anne Victorian on a large corner lot with extra large bedroom...	3 beds \| 3 baths \| 2,839 sq.ft.	$274,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 7.21% Airbnb Rental Income: $1363 Traditional Rental Income: $2494 Airbnb ROI: 1.24% Traditional ROI: 7.21%
205 BELLE AVE Mankato, MN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 1,064 sq.ft.	$215,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 4.1% Airbnb Rental Income: $887 Traditional Rental Income: $1347 Airbnb ROI: 0.19% Traditional ROI: 4.1%
2021 Bluestem Drive Mankato, MN Two-story Heartland Homes build from 2020 with a welcoming front porch and open main-level...	4 beds \| 4 baths \| 1,468 sq.ft.	$459,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 6.21% Airbnb Rental Income: $1323 Traditional Rental Income: $3325 Airbnb ROI: 0.6% Traditional ROI: 6.21%
728 Winona Street Mankato, MN Warm, inviting & well maintained 4-bedroom, 3-bath home in West Mankato, nestled next to t...	4 beds \| 3 baths \| 2,617 sq.ft.	$439,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 5.44% Airbnb Rental Income: $1323 Traditional Rental Income: $3093 Airbnb ROI: 0.15% Traditional ROI: 5.44%
107 Shiloh Court Mankato, MN Discover this lovely twin home nestled on a quiet, wooded ravine at on hilltop Mankato. Tu...	1 beds \| 2 baths \| 1,555 sq.ft.	$374,900	Airbnb cash on cash: -1.79% Traditional cash on cash: 2.53% Airbnb Rental Income: $617 Traditional Rental Income: $1846 Airbnb ROI: -1.79% Traditional ROI: 2.53%
407 N Broad Street Mankato, MN Charming and beautifully updated 1900s brick home in downtown Mankato! Major updates inclu...	3 beds \| 3 baths \| 1,782 sq.ft.	$249,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 6.16% Airbnb Rental Income: $1363 Traditional Rental Income: $1950 Airbnb ROI: 1.9% Traditional ROI: 6.16%
320 Grovebrook Court Mankato, MN Welcome to this spacious 5-bedroom, 3-bathroom home with a 3-stall garage, located on a cu...	5 beds \| 3 baths \| 3,270 sq.ft.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $3164 Airbnb ROI: N/A Traditional ROI: 4.02%
120 Palmer Path Mankato, MN If youâve been looking to simplify without sacrificing comfort, this thoughtfully design...	2 beds \| 2 baths \| 1,357 sq.ft.	$274,900	Airbnb cash on cash: -1.2% Traditional cash on cash: 3.45% Airbnb Rental Income: $887 Traditional Rental Income: $1756 Airbnb ROI: -1.2% Traditional ROI: 3.45%
1112 Marsh Street Mankato, MN Charming 3-Bedroom, 2-Bath Home Near Hospital and Elementary School This well-maintained h...	3 beds \| 2 baths \| 1,453 sq.ft.	$254,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 6.69% Airbnb Rental Income: $1363 Traditional Rental Income: $2099 Airbnb ROI: 1.89% Traditional ROI: 6.69%
622 N 5th Street Mankato, MN This move-in ready home has been recently remodeled in 2023-2024 from top to bottom design...	3 beds \| 2 baths \| 2,156 sq.ft.	$277,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 7.4% Airbnb Rental Income: $1363 Traditional Rental Income: $2450 Airbnb ROI: 1.66% Traditional ROI: 7.4%
1813 Bluestem Drive Mankato, MN Spacious new 3 BR, 3 Bath home just finishing construction on a nice lot in an amazing sub...	3 beds \| 3 baths \| 2,564 sq.ft.	$409,000	Airbnb cash on cash: 1% Traditional cash on cash: 5.83% Airbnb Rental Income: $1363 Traditional Rental Income: $2796 Airbnb ROI: 1% Traditional ROI: 5.83%
109 S 4th Street Mankato, MN This versatile three-bedroom single-family home comes with a rental license and no occupan...	3 beds \| 1 baths \| 2,466 sq.ft.	$209,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.97% Airbnb Rental Income: $1363 Traditional Rental Income: $1655 Airbnb ROI: 2.41% Traditional ROI: 5.97%
300 Viking Drive Mankato, MN Welcome to 300 Viking Drive, located in a desirable Mankato neighborhood. Completely remod...	4 beds \| 2 baths \| 2,720 sq.ft.	$549,800	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.26% Airbnb Rental Income: $1323 Traditional Rental Income: $2627 Airbnb ROI: -0.07% Traditional ROI: 3.26%
1821 Bluestem Drive Mankato, MN Welcome to your dream home! This stunning new construction 2-story residence offers 3 bedr...	3 beds \| 3 baths \| 1,482 sq.ft.	$319,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 6.45% Airbnb Rental Income: $1363 Traditional Rental Income: $2377 Airbnb ROI: 1.7% Traditional ROI: 6.45%
1905 Bluestem Drive Mankato, MN Welcome to your dream home! This stunning new construction 2-story residence offers 3 bedr...	3 beds \| 3 baths \| 1,482 sq.ft.	$319,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 6.46% Airbnb Rental Income: $1363 Traditional Rental Income: $2377 Airbnb ROI: 1.71% Traditional ROI: 6.46%
3200 Noble Drive Mankato, MN New construction side by side duplex with modern finishes under construction now. Great in...	6 beds \| 6 baths \| 3,256 sq.ft.	$589,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.24% Airbnb Rental Income: $1323 Traditional Rental Income: $2482 Airbnb ROI: 0.39% Traditional ROI: 3.24%
3202 Noble Drive Mankato, MN New construction twin home with modern finishes completed now! Units are able to be purcha...	3 beds \| 3 baths \| 1,628 sq.ft.	$295,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 7.15% Airbnb Rental Income: $1363 Traditional Rental Income: $2413 Airbnb ROI: 1.87% Traditional ROI: 7.15%
317 Oak Marsh Drive Mankato, MN Beautifully crafted 2-story home featuring 4 bedrooms, 3 full baths, front porch, back yar...	4 beds \| 4 baths \| 3,028 sq.ft.	$699,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.66% Airbnb Rental Income: $1323 Traditional Rental Income: $3061 Airbnb ROI: -0.63% Traditional ROI: 2.66%
309 Pinehurst Drive Mankato, MN New Construction - 2 bedrooms, 2 bathrooms, oversized 2-stall garage. Step into modern co...	2 beds \| 2 baths \| 1,659 sq.ft.	$529,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.65% Airbnb Rental Income: $887 Traditional Rental Income: $2507 Airbnb ROI: -0.3% Traditional ROI: 3.65%
3204 Noble Drive Mankato, MN New construction twin home with modern finishes.. Units are able to be purchased individua...	3 beds \| 3 baths \| 1,628 sq.ft.	$299,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 7.26% Airbnb Rental Income: $1363 Traditional Rental Income: $2465 Airbnb ROI: 1.87% Traditional ROI: 7.26%
3206 Noble Drive Mankato, MN Completed new construction twin home. Units are able to be purchased individually, or buy ...	3 beds \| 3 baths \| 1,628 sq.ft.	$299,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 7.09% Airbnb Rental Income: $1363 Traditional Rental Income: $2416 Airbnb ROI: 1.87% Traditional ROI: 7.09%
109 Teton Court Mankato, MN Stunning 3-Bedroom, 4-Bathroom Townhome with Serene Pond Views in Mankato! Nestled in the ...	3 beds \| 4 baths \| 4,626 sq.ft.	$575,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 4.85% Airbnb Rental Income: $1363 Traditional Rental Income: $3713 Airbnb ROI: -0.3% Traditional ROI: 4.85%
27 Capri Drive Mankato, MN If you are looking for a spacious 4-bedroom, 3-bathroom rambler on a beautiful 1.8-acre lo...	4 beds \| 3 baths \| 3,688 sq.ft.	$579,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.84% Airbnb Rental Income: $1323 Traditional Rental Income: $3171 Airbnb ROI: -0.32% Traditional ROI: 3.84%
1519 N 4th Street Mankato, MN Newly Renovated 4-Bedroom Home This beautifully refreshed 4-bedroom, 1-bath home offers a ...	4 beds \| 1 baths \| 1,344 sq.ft.	$194,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 7.61% Airbnb Rental Income: $1323 Traditional Rental Income: $1802 Airbnb ROI: 2.81% Traditional ROI: 7.61%
113 Sunburst Circle Mankato, MN Welcome home to this inviting 4-bedroom, 4-bath property tucked into a peaceful ravine set...	4 beds \| 4 baths \| 2,486 sq.ft.	$539,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.11% Airbnb Rental Income: $1323 Traditional Rental Income: $3150 Airbnb ROI: -0.32% Traditional ROI: 4.11%
500 Brooks Street Mankato, MN Cozy home on a large lot! The current owner recently remodeled the kitchen as well as the ...	1 beds \| 1 baths \| 1,360 sq.ft.	$189,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 6.32% Airbnb Rental Income: $617 Traditional Rental Income: $1535 Airbnb ROI: -0.38% Traditional ROI: 6.32%
301 Skylark Drive Mankato, MN Welcome! This is a well cared for, one owner townhome with a nice corner lot location. The...	2 beds \| 2 baths \| 1,386 sq.ft.	$289,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 5.32% Airbnb Rental Income: $887 Traditional Rental Income: $2328 Airbnb ROI: -1.19% Traditional ROI: 5.32%
1040 Saba Boulevard Mankato, MN Nestled within the sought-after Siesta Hills community, this beautifully crafted two-bedro...	2 beds \| 2 baths \| 2,552 sq.ft.	$639,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.34% Airbnb Rental Income: $1363 Traditional Rental Income: $2277 Airbnb ROI: 0.12% Traditional ROI: 2.34%
1042 Saba Boulevard Mankato, MN Nestled within the sought-after Siesta Hills community, this beautifully crafted two-bedro...	2 beds \| 2 baths \| 2,552 sq.ft.	$639,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.34% Airbnb Rental Income: $1363 Traditional Rental Income: $2277 Airbnb ROI: 0.12% Traditional ROI: 2.34%
1046 Saba Boulevard Mankato, MN Nestled within the sought-after Siesta Hills community, this beautifully crafted two-bedro...	2 beds \| 2 baths \| 2,552 sq.ft.	$639,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.34% Airbnb Rental Income: $1363 Traditional Rental Income: $2277 Airbnb ROI: 0.12% Traditional ROI: 2.34%
1048 Saba Boulevard Mankato, MN Nestled within the sought-after Siesta Hills community, this beautifully crafted two-bedro...	2 beds \| 2 baths \| 2,552 sq.ft.	$639,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.9% Airbnb Rental Income: $1363 Traditional Rental Income: $2608 Airbnb ROI: 0.12% Traditional ROI: 2.9%
104 Oxford Path Mankato, MN Enjoy one-level living in this well-maintained, open-concept townhome located in the heart...	2 beds \| 2 baths \| 1,463 sq.ft.	$272,900	Airbnb cash on cash: -1.24% Traditional cash on cash: 4.76% Airbnb Rental Income: $887 Traditional Rental Income: $2092 Airbnb ROI: -1.24% Traditional ROI: 4.76%
303 E Lafayette Street Mankato, MN Stately 4-bedroom, 3-bath stucco home offering timeless quality and charm. Oak floors run ...	4 beds \| 3 baths \| 1,532 sq.ft.	$269,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.96% Airbnb Rental Income: $1323 Traditional Rental Income: $1823 Airbnb ROI: 1.38% Traditional ROI: 4.96%
16 Bruce Court Mankato, MN This well-cared-for 4-bedroom, 2-bath, two-story home offers a thoughtfully designed layou...	4 beds \| 2 baths \| 1,664 sq.ft.	$265,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.3% Airbnb Rental Income: $1323 Traditional Rental Income: $1395 Airbnb ROI: 1.38% Traditional ROI: 3.3%
58369 240th Street Mankato, MN Terrific 4-bedroom, 2-bath, 2-acre farm site located on the outskirts of Mankato towards S...	4 beds \| 2 baths \| 3,136 sq.ft.	$375,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.99% Airbnb Rental Income: $1323 Traditional Rental Income: $2813 Airbnb ROI: 0.59% Traditional ROI: 5.99%
145 S Skyline Drive Mankato, MN If youâre looking for a move-in ready home with all the big-ticket items already updated...	4 beds \| 2 baths \| 2,422 sq.ft.	$350,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 6.02% Airbnb Rental Income: $1323 Traditional Rental Income: $2604 Airbnb ROI: 0.88% Traditional ROI: 6.02%
212 Thayer Avenue Mankato, MN Great opportunity to buy this ranch style fixer upper, built in 1954, located in Mankato, ...	5 beds \| 1 baths \| 1,168 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $1387 Airbnb ROI: N/A Traditional ROI: 9.01%

Real Estate investment in Mankato, MN

There are 58 properties for sale in the city of Mankato . The median list price in Mankato is $319,900 and the average price per square foot is $156. In March 2026, the average monthly cash on cash return in Mankato is 5.00%. The average monthly rental income in Mankato is $2,277.

Mankato, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 58 investment properties available for sale in Mankato.

In 2026, the best neighborhood to buy investment property is Mankato.

The ROI for Long-Term is higher than the Short-Term in Mankato with average rental income of $2,277.

Your search for investment property begins and ends here

Investment Property for Sale in Mankato, MN

702 N 6th Street

Mankato, MN

3 beds | 3 baths | 2,839 sq.ft.

$274,900

Airbnb cash on cash: 1.24%

Traditional cash on cash: 7.21%

Airbnb Rental Income: $1363

Traditional Rental Income: $2494

Airbnb ROI: 1.24%

Traditional ROI: 7.21%

205 BELLE AVE

Mankato, MN

2 beds | 1 baths | 1,064 sq.ft.

$215,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $887

Traditional Rental Income: $1347

Airbnb ROI: 0.19%

Traditional ROI: 4.1%

2021 Bluestem Drive

Mankato, MN

4 beds | 4 baths | 1,468 sq.ft.

$459,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1323

Traditional Rental Income: $3325

Airbnb ROI: 0.6%

Traditional ROI: 6.21%

728 Winona Street

Mankato, MN

4 beds | 3 baths | 2,617 sq.ft.

$439,900

Airbnb cash on cash: 0.15%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1323

Traditional Rental Income: $3093

Airbnb ROI: 0.15%

Traditional ROI: 5.44%

107 Shiloh Court

Mankato, MN

1 beds | 2 baths | 1,555 sq.ft.

$374,900

Airbnb cash on cash: -1.79%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $617

Traditional Rental Income: $1846

Airbnb ROI: -1.79%

Traditional ROI: 2.53%

407 N Broad Street

Mankato, MN

3 beds | 3 baths | 1,782 sq.ft.

$249,000

Airbnb cash on cash: 1.9%

Traditional cash on cash: 6.16%

Airbnb Rental Income: $1363

Traditional Rental Income: $1950

Airbnb ROI: 1.9%

Traditional ROI: 6.16%

320 Grovebrook Court

Mankato, MN

5 beds | 3 baths | 3,270 sq.ft.

$539,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.02%

Airbnb Rental Income: $null

Traditional Rental Income: $3164

Airbnb ROI: N/A

Traditional ROI: 4.02%

120 Palmer Path

Mankato, MN

2 beds | 2 baths | 1,357 sq.ft.

$274,900

Airbnb cash on cash: -1.2%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $887

Traditional Rental Income: $1756

Airbnb ROI: -1.2%