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
460 N 6th Street Mankato, MN Charming 4-bedroom, 2-bath home situated just blocks from downtown Mankato. The main level...	4 beds \| 2 baths \| 2,682 sq.ft.	$259,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 7.78% Airbnb Rental Income: $1908 Traditional Rental Income: $2424 Airbnb ROI: 3.61% Traditional ROI: 7.78%
117 Savannah Court Mankato, MN Step inside this inviting two-story home located in Mankatoâs hilltop neighborhood, just...	3 beds \| 3 baths \| 1,840 sq.ft.	$299,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 6.7% Airbnb Rental Income: $1754 Traditional Rental Income: $2509 Airbnb ROI: 2.3% Traditional ROI: 6.7%
215 Tile Street Mankato, MN Cute as a button and move in readyâÂ Welcome to 215 Tile Street. Situated in desirable W...	2 beds \| 2 baths \| 1,464 sq.ft.	$215,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 8.11% Airbnb Rental Income: $1326 Traditional Rental Income: $2065 Airbnb ROI: 2.47% Traditional ROI: 8.11%
124 Quinion Drive Mankato, MN This beautiful home features a spacious living room with vaulted ceilings for an open and ...	4 beds \| 2 baths \| 2,262 sq.ft.	$335,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.24% Airbnb Rental Income: $1908 Traditional Rental Income: $2670 Airbnb ROI: 2.21% Traditional ROI: 6.24%
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: 1.99% Traditional cash on cash: 4.1% Airbnb Rental Income: $1326 Traditional Rental Income: $1347 Airbnb ROI: 1.99% Traditional ROI: 4.1%
421 Woodhaven Lane Mankato, MN A spacious foyer greets you and leads to an open-concept upper level featuring a bright li...	4 beds \| 2 baths \| 2,640 sq.ft.	$364,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 6.01% Airbnb Rental Income: $1908 Traditional Rental Income: $2832 Airbnb ROI: 1.83% Traditional ROI: 6.01%
1616 N 4th Street Mankato, MN Welcome to this beautifully updated home offering timeless charm and modern upgrades in a ...	3 beds \| 2 baths \| 1,767 sq.ft.	$340,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 5.2% Airbnb Rental Income: $1754 Traditional Rental Income: $2353 Airbnb ROI: 1.82% Traditional ROI: 5.2%
128 Dancing Waters Circle Mankato, MN Welcome home to Dancing Waters Circle! This beautiful patio home was built in 2020 and sti...	3 beds \| 3 baths \| 2,149 sq.ft.	$549,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.51% Airbnb Rental Income: $1754 Traditional Rental Income: $2397 Airbnb ROI: 0.32% Traditional ROI: 2.51%
117 Nicklaus Path Mankato, MN Welcome home to this beautifully updated, well maintained, one level living complete with ...	3 beds \| 2 baths \| 1,628 sq.ft.	$344,900	Airbnb cash on cash: 1% Traditional cash on cash: 3.97% Airbnb Rental Income: $1754 Traditional Rental Income: $2234 Airbnb ROI: 1% Traditional ROI: 3.97%
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.	$389,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.4% Airbnb Rental Income: $1051 Traditional Rental Income: $1846 Airbnb ROI: -0.77% Traditional ROI: 2.4%
349 Gull Path Mankato, MN Welcome to 349 Gull Path! This rare Mankato hilltop townhouse combines the convenience of ...	4 beds \| 3 baths \| 3,285 sq.ft.	$349,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.81% Airbnb Rental Income: $1908 Traditional Rental Income: $2918 Airbnb ROI: 1.19% Traditional ROI: 5.81%
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.	$555,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.88% Airbnb Rental Income: $1701 Traditional Rental Income: $3164 Airbnb ROI: 0.15% Traditional ROI: 3.88%
217 E Spring Street Mankato, MN This exceptional 4-plex located in the heart of Central Mankato offers a fantastic investm...	6 beds \| 4 baths \| 3,217 sq.ft.	$410,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.28% Airbnb Rental Income: $1754 Traditional Rental Income: $2017 Airbnb ROI: 1.34% Traditional ROI: 3.28%
1112 Marsh Street Mankato, MN Charming 3-Bedroom, 2-Bath Home Near Hospital and Elementary School This well-maintained ...	3 beds \| 2 baths \| 1,453 sq.ft.	$269,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 6.27% Airbnb Rental Income: $1754 Traditional Rental Income: $2099 Airbnb ROI: 3.02% Traditional ROI: 6.27%
108 Ella Court Mankato, MN Welcome to your brand-new dream home! This stunning new construction features five spaciou...	5 beds \| 3 baths \| 2,846 sq.ft.	$525,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 5.2% Airbnb Rental Income: $1701 Traditional Rental Income: $3232 Airbnb ROI: 1.12% Traditional ROI: 5.2%
622 N 5th Street Mankato, MN This move-in ready home has been recently remodeled from top to bottom designed for comfor...	3 beds \| 2 baths \| 2,156 sq.ft.	$279,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 7.34% Airbnb Rental Income: $1754 Traditional Rental Income: $2450 Airbnb ROI: 2.88% Traditional ROI: 7.34%
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: 1.85% Traditional cash on cash: 5.83% Airbnb Rental Income: $1754 Traditional Rental Income: $2796 Airbnb ROI: 1.85% Traditional ROI: 5.83%
426 W 6th Street Mankato, MN Come check out this beautiful, well maintained, 3 bedroom, 2 bath home located in the desi...	3 beds \| 2 baths \| 1,828 sq.ft.	$243,500	Airbnb cash on cash: 3.26% Traditional cash on cash: 7.79% Airbnb Rental Income: $1754 Traditional Rental Income: $2314 Airbnb ROI: 3.26% Traditional ROI: 7.79%
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.	$239,900	Airbnb cash on cash: 3.43% Traditional cash on cash: 5.11% Airbnb Rental Income: $1754 Traditional Rental Income: $1655 Airbnb ROI: 3.43% Traditional ROI: 5.11%
206 E Elm Street Mankato, MN This 3 bedroom, 2 bathroom home just got more updates done. There is one bedroom on the ma...	3 beds \| 2 baths \| 1,883 sq.ft.	$199,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 10.42% Airbnb Rental Income: $1754 Traditional Rental Income: $2406 Airbnb ROI: 4.44% Traditional ROI: 10.42%
913 N 4th Street Mankato, MN 3 bedroom, 3 bath (1 full, 2- 1/2) home with double garage. 3 bedrooms on the upper level ...	3 beds \| 3 baths \| 2,021 sq.ft.	$219,900	Airbnb cash on cash: 4.17% Traditional cash on cash: 10.84% Airbnb Rental Income: $1754 Traditional Rental Income: $2662 Airbnb ROI: 4.17% Traditional ROI: 10.84%
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: 2.78% Traditional cash on cash: 6.45% Airbnb Rental Income: $1754 Traditional Rental Income: $2377 Airbnb ROI: 2.78% 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: 2.79% Traditional cash on cash: 6.46% Airbnb Rental Income: $1754 Traditional Rental Income: $2377 Airbnb ROI: 2.79% Traditional ROI: 6.46%
929 N 4th Street Mankato, MN Step into a rare blend of history and modern living with this inspired church-to-home conv...	1 beds \| 4 baths \| 3,930 sq.ft.	$625,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.93% Airbnb Rental Income: $1051 Traditional Rental Income: $2762 Airbnb ROI: -0.63% Traditional ROI: 2.93%
407 W 8th Street Mankato, MN Nestled on an almost half-acre, maturely treed corner lot in West Mankato, this stunning C...	3 beds \| 3 baths \| 2,874 sq.ft.	$272,500	Airbnb cash on cash: 2.42% Traditional cash on cash: 7.59% Airbnb Rental Income: $1754 Traditional Rental Income: $2603 Airbnb ROI: 2.42% Traditional ROI: 7.59%
326 E Vine Street Mankato, MN Charming brick home with Owner Occupied rental license in place. As you enter the main flo...	1 beds \| N/A baths \| 1,848 sq.ft.	$165,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 11.47% Airbnb Rental Income: $1754 Traditional Rental Income: $2206 Airbnb ROI: 5.54% Traditional ROI: 11.47%
817 N 5th Street Mankato, MN Welcome to 817 N 5th Street, a property that offers more than just a houseâitâs ready ...	3 beds \| 1 baths \| 2,030 sq.ft.	$159,900	Airbnb cash on cash: 6.01% Traditional cash on cash: 9.63% Airbnb Rental Income: $1754 Traditional Rental Income: $1826 Airbnb ROI: 6.01% Traditional ROI: 9.63%
233 Woodhill Court Mankato, MN Tucked into a serene cul-de-sac hidden on Mankatoâs Hilltop, this exquisite 5-bedroom, 3...	5 beds \| 3 baths \| 5,198 sq.ft.	$849,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.23% Airbnb Rental Income: $1701 Traditional Rental Income: $3379 Airbnb ROI: -0.49% Traditional ROI: 2.23%
204 Woodhill Court Mankato, MN Experience unmatched comfort and style in this meticulously designed executive home featur...	5 beds \| 5 baths \| 4,925 sq.ft.	$864,900	Airbnb cash on cash: -0.6% Traditional cash on cash: 4.2% Airbnb Rental Income: $1701 Traditional Rental Income: $5094 Airbnb ROI: -0.6% Traditional ROI: 4.2%
116 Winkler Street Mankato, MN Welcome to 116 Winkler Street, a darling home located on Mankatoâs Hilltop! The main flo...	3 beds \| 1 baths \| 2,160 sq.ft.	$199,900	Airbnb cash on cash: 4.36% Traditional cash on cash: 7.19% Airbnb Rental Income: $1754 Traditional Rental Income: $1811 Airbnb ROI: 4.36% Traditional ROI: 7.19%
619 N 4th Street Mankato, MN Built in 1901, centrally located on a tree-lined street within walking distance of downtow...	4 beds \| 1 baths \| 1,582 sq.ft.	$159,900	Airbnb cash on cash: 6.34% Traditional cash on cash: 9.16% Airbnb Rental Income: $1908 Traditional Rental Income: $1832 Airbnb ROI: 6.34% Traditional ROI: 9.16%
419 Royal Road Mankato, MN 1 owner! Built with his own hands you will notice the care put into this home. 3 bedrooms ...	4 beds \| 2 baths \| 2,576 sq.ft.	$329,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 6.37% Airbnb Rental Income: $1908 Traditional Rental Income: $2671 Airbnb ROI: 2.27% Traditional ROI: 6.37%
612 Tranquility Trail Mankato, MN Gorgeous end unit in Dancing Waters Development. This townhome offers a modern feel with a...	4 beds \| 4 baths \| 3,444 sq.ft.	$379,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 8.23% Airbnb Rental Income: $1908 Traditional Rental Income: $3720 Airbnb ROI: 1.71% Traditional ROI: 8.23%
329 Crystal Circle Mankato, MN Beautifully maintained and move-in ready, this split-entry home offers 4 bedrooms and 2 ba...	4 beds \| 2 baths \| 1,985 sq.ft.	$330,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 6.1% Airbnb Rental Income: $1908 Traditional Rental Income: $2620 Airbnb ROI: 2.17% Traditional ROI: 6.1%
712 N Broad Street Mankato, MN Step into this beautifully refreshed older home nestled right in the heart of Mankatoâs ...	3 beds \| 2 baths \| 1,292 sq.ft.	$199,900	Airbnb cash on cash: 4.31% Traditional cash on cash: 8.3% Airbnb Rental Income: $1754 Traditional Rental Income: $2028 Airbnb ROI: 4.31% Traditional ROI: 8.3%

Real Estate investment in Mankato, MN

There are 69 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 $140. In October 2025, the average monthly cash on cash return in Mankato is 6.00%. The average monthly rental income in Mankato is $2,424.

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

There are 69 investment properties available for sale in Mankato.

In 2025, 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 $2,424.

Your search for investment property begins and ends here

Investment Property for Sale in Mankato, MN

460 N 6th Street

Mankato, MN

4 beds | 2 baths | 2,682 sq.ft.

$259,900

Airbnb cash on cash: 3.61%

Traditional cash on cash: 7.78%

Airbnb Rental Income: $1908

Traditional Rental Income: $2424

Airbnb ROI: 3.61%

Traditional ROI: 7.78%

117 Savannah Court

Mankato, MN

3 beds | 3 baths | 1,840 sq.ft.

$299,000

Airbnb cash on cash: 2.3%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1754

Traditional Rental Income: $2509

Airbnb ROI: 2.3%

Traditional ROI: 6.7%

215 Tile Street

Mankato, MN

2 beds | 2 baths | 1,464 sq.ft.

$215,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 8.11%

Airbnb Rental Income: $1326

Traditional Rental Income: $2065

Airbnb ROI: 2.47%

Traditional ROI: 8.11%

124 Quinion Drive

Mankato, MN

4 beds | 2 baths | 2,262 sq.ft.

$335,000

Airbnb cash on cash: 2.21%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $1908

Traditional Rental Income: $2670

Airbnb ROI: 2.21%

Traditional ROI: 6.24%

205 BELLE AVE

Mankato, MN

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

$215,000

Airbnb cash on cash: 1.99%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $1326

Traditional Rental Income: $1347

Airbnb ROI: 1.99%

Traditional ROI: 4.1%

421 Woodhaven Lane

Mankato, MN

4 beds | 2 baths | 2,640 sq.ft.

$364,900

Airbnb cash on cash: 1.83%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $1908

Traditional Rental Income: $2832

Airbnb ROI: 1.83%

Traditional ROI: 6.01%

1616 N 4th Street

Mankato, MN

3 beds | 2 baths | 1,767 sq.ft.

$340,000

Airbnb cash on cash: 1.82%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1754

Traditional Rental Income: $2353

Airbnb ROI: 1.82%

Traditional ROI: 5.2%

128 Dancing Waters Circle

Mankato, MN

3 beds | 3 baths | 2,149 sq.ft.

$549,900

Airbnb cash on cash: 0.32%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $1754

Traditional Rental Income: $2397

Airbnb ROI: 0.32%