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
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: 0.51% Traditional cash on cash: 6.7% Airbnb Rental Income: $1148 Traditional Rental Income: $2509 Airbnb ROI: 0.51% Traditional ROI: 6.7%
113 Bunker Court Mankato, MN Come and enjoy this beautifully updated 4-level home with a bonus 3-season porch! Located ...	5 beds \| 2 baths \| 2,150 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2653 Airbnb ROI: N/A Traditional ROI: 4.89%
610 E Vine Street Mankato, MN Welcome to 610 E. Vine Street â a fantastic 5-bedroom, 2-bath home with a five-unrelated...	5 beds \| 2 baths \| 1,334 sq.ft.	$217,700	Airbnb cash on cash: N/A Traditional cash on cash: 8.44% Airbnb Rental Income: $null Traditional Rental Income: $2201 Airbnb ROI: N/A Traditional ROI: 8.44%
204 Falcon Drive Mankato, MN	4 beds \| 2 baths \| 1,738 sq.ft.	$344,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 5.32% Airbnb Rental Income: $1142 Traditional Rental Income: $2427 Airbnb ROI: 0.18% Traditional ROI: 5.32%
2501 Marwood Drive Mankato, MN The home greets you with a fully covered entry overhang, a rare and practical feature for ...	3 beds \| 2 baths \| 1,629 sq.ft.	$323,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.4% Airbnb Rental Income: $1148 Traditional Rental Income: $2298 Airbnb ROI: 0.37% Traditional ROI: 5.4%
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: -0.09% Traditional cash on cash: 4.1% Airbnb Rental Income: $818 Traditional Rental Income: $1347 Airbnb ROI: -0.09% Traditional ROI: 4.1%
316 Stoltzman Road Mankato, MN Welcome home to this beautifully updated property designed for todayâs active lifestyle....	4 beds \| 2 baths \| 2,080 sq.ft.	$307,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 6.66% Airbnb Rental Income: $1142 Traditional Rental Income: $2567 Airbnb ROI: 0.42% Traditional ROI: 6.66%
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: -1.93% Traditional cash on cash: 2.4% Airbnb Rental Income: $543 Traditional Rental Income: $1846 Airbnb ROI: -1.93% Traditional ROI: 2.4%
411 N Broad Street Mankato, MN Charming 3-bedroom, 1-bath home filled with character! Youâll love the beautiful origina...	3 beds \| 2 baths \| 1,216 sq.ft.	$197,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 8% Airbnb Rental Income: $1148 Traditional Rental Income: $1940 Airbnb ROI: 1.73% Traditional ROI: 8%
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.	$339,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 6% Airbnb Rental Income: $1142 Traditional Rental Income: $2918 Airbnb ROI: -0.75% Traditional ROI: 6%
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%
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: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2017 Airbnb ROI: N/A 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: 1.02% Traditional cash on cash: 6.27% Airbnb Rental Income: $1148 Traditional Rental Income: $2099 Airbnb ROI: 1.02% 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: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $3232 Airbnb ROI: N/A 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: 0.96% Traditional cash on cash: 7.34% Airbnb Rental Income: $1148 Traditional Rental Income: $2450 Airbnb ROI: 0.96% 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: 0.54% Traditional cash on cash: 5.83% Airbnb Rental Income: $1148 Traditional Rental Income: $2796 Airbnb ROI: 0.54% 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.	$239,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.11% Airbnb Rental Income: $1148 Traditional Rental Income: $1655 Airbnb ROI: 1.2% Traditional ROI: 5.11%
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: 1.75% Traditional cash on cash: 10.84% Airbnb Rental Income: $1148 Traditional Rental Income: $2662 Airbnb ROI: 1.75% 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: 1.1% Traditional cash on cash: 6.45% Airbnb Rental Income: $1148 Traditional Rental Income: $2377 Airbnb ROI: 1.1% 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: 1.11% Traditional cash on cash: 6.46% Airbnb Rental Income: $1148 Traditional Rental Income: $2377 Airbnb ROI: 1.11% Traditional ROI: 6.46%
326 E Vine Street Mankato, MN Charming brick home with Owner Occupied rental license in place. Available immediately. As...	1 beds \| N/A baths \| 1,848 sq.ft.	$165,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 11.47% Airbnb Rental Income: $1148 Traditional Rental Income: $2206 Airbnb ROI: 2.33% Traditional ROI: 11.47%
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.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $3379 Airbnb ROI: N/A Traditional ROI: 2.43%
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: 2.16% Traditional cash on cash: 9.16% Airbnb Rental Income: $1142 Traditional Rental Income: $1832 Airbnb ROI: 2.16% Traditional ROI: 9.16%
329 Crystal Circle Mankato, MN Welcome to this inviting 4-bedroom, 2-bathroom home ideally located in the heart of Hillto...	4 beds \| 2 baths \| 1,985 sq.ft.	$329,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 6.1% Airbnb Rental Income: $1142 Traditional Rental Income: $2620 Airbnb ROI: 0.11% Traditional ROI: 6.1%
516 Cardinal Place Mankato, MN Discover this spacious and meticulously built 3,760 sq. ft. walk-out rambler, perfectly si...	4 beds \| 3 baths \| 3,762 sq.ft.	$569,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.6% Airbnb Rental Income: $1142 Traditional Rental Income: $3116 Airbnb ROI: -0.82% Traditional ROI: 3.6%
105 Bear Path Drive Mankato, MN Enjoy the convenience of one level living in this brand new patio home. The kitchen featu...	3 beds \| 2 baths \| 1,722 sq.ft.	$479,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.13% Airbnb Rental Income: $1148 Traditional Rental Income: $2420 Airbnb ROI: 0.45% Traditional ROI: 4.13%
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: -0.35% Traditional cash on cash: 3.27% Airbnb Rental Income: $818 Traditional Rental Income: $2482 Airbnb ROI: -0.35% Traditional ROI: 3.27%
109 Nicklaus Path Mankato, MN Welcome to this inviting 3-bedroom, 2-bathroom, 1-level patio home with a spacious 2-car g...	3 beds \| 2 baths \| 1,628 sq.ft.	$319,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.39% Airbnb Rental Income: $1148 Traditional Rental Income: $2239 Airbnb ROI: -0.5% Traditional ROI: 4.39%
2005 Aster Lane Mankato, MN If you are looking for a home at the right price in the right location, look no further. T...	4 beds \| 2 baths \| 2,220 sq.ft.	$379,500	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.93% Airbnb Rental Income: $1142 Traditional Rental Income: $2610 Airbnb ROI: 0.74% Traditional ROI: 5.93%
950 E Main Street Mankato, MN Experience the charm of a renovated bungalow in the heart of Hilltop Mankato, perfectly po...	4 beds \| 2 baths \| 1,628 sq.ft.	$245,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 8.04% Airbnb Rental Income: $1142 Traditional Rental Income: $2340 Airbnb ROI: 1.23% Traditional ROI: 8.04%
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 \| 1,793 sq.ft.	$699,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.66% Airbnb Rental Income: $1142 Traditional Rental Income: $3061 Airbnb ROI: -0.86% Traditional ROI: 2.66%
305 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: -0.42% Traditional cash on cash: 3.65% Airbnb Rental Income: $818 Traditional Rental Income: $2507 Airbnb ROI: -0.42% Traditional ROI: 3.65%
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: -0.42% Traditional cash on cash: 3.65% Airbnb Rental Income: $818 Traditional Rental Income: $2507 Airbnb ROI: -0.42% Traditional ROI: 3.65%
3136 River Meadows Drive Mankato, MN Custom-built, one-owner Home in Cedar Meadows Subdivision. This modified two-story home of...	4 beds \| 4 baths \| 4,122 sq.ft.	$599,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 5.99% Airbnb Rental Income: $1142 Traditional Rental Income: $4482 Airbnb ROI: -0.65% Traditional ROI: 5.99%
2609 E Main Street Mankato, MN Beautiful 3-bedroom, 2-bath rambler on Mankatoâs hilltop! Originally built in 1968, this...	3 beds \| 2 baths \| 2,607 sq.ft.	$299,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 6.77% Airbnb Rental Income: $1148 Traditional Rental Income: $2621 Airbnb ROI: 0.21% Traditional ROI: 6.77%

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 $146. In December 2025, the average monthly cash on cash return in Mankato is 6.00%. The average monthly rental income in Mankato is $2,474.

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

There are 58 investment properties available for sale in Mankato.

In 2025, the best neighborhood to buy investment property is Mankato.

The ROI for Short-Term is higher than the Long-Term in Mankato with average rental income of $1,148.

Your search for investment property begins and ends here

Investment Property for Sale in Mankato, MN

117 Savannah Court

Mankato, MN

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

$299,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1148

Traditional Rental Income: $2509

Airbnb ROI: 0.51%

Traditional ROI: 6.7%

113 Bunker Court

Mankato, MN

5 beds | 2 baths | 2,150 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2653

Airbnb ROI: N/A

Traditional ROI: 4.89%

610 E Vine Street

Mankato, MN

5 beds | 2 baths | 1,334 sq.ft.

$217,700

Airbnb cash on cash: N/A

Traditional cash on cash: 8.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2201

Airbnb ROI: N/A

Traditional ROI: 8.44%

204 Falcon Drive

Mankato, MN

4 beds | 2 baths | 1,738 sq.ft.

$344,900

Airbnb cash on cash: 0.18%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $1142

Traditional Rental Income: $2427

Airbnb ROI: 0.18%

Traditional ROI: 5.32%

2501 Marwood Drive

Mankato, MN

3 beds | 2 baths | 1,629 sq.ft.

$323,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $1148

Traditional Rental Income: $2298

Airbnb ROI: 0.37%

Traditional ROI: 5.4%

205 BELLE AVE

Mankato, MN

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

$215,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $818

Traditional Rental Income: $1347

Airbnb ROI: -0.09%

Traditional ROI: 4.1%

316 Stoltzman Road

Mankato, MN

4 beds | 2 baths | 2,080 sq.ft.

$307,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $1142

Traditional Rental Income: $2567

Airbnb ROI: 0.42%

Traditional ROI: 6.66%

107 Shiloh Court

Mankato, MN

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

$389,900

Airbnb cash on cash: -1.93%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $543

Traditional Rental Income: $1846

Airbnb ROI: -1.93%