$525,000

321 Warren St Mankato, MN 56001

$6,234
Closing credit¹
4,126 sqft
$127 / sqft
Multi-Family

Property details

About 321 Warren St

Great Investment Opportunity – Two Triplexes on One Parcel! Welcome to this prime multifamily investment featuring 2 triplexes on a single parcel. This 6-unit property offers strong, consistent cash flow from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a reliable income-producing asset, this is an opportunity you don’t want to miss. Stable Income: All units are currently rented with reliable tenants. Prime Location: Situated in a thriving area with easy access to amenities, public transportation, and local businesses. Recent Updates: Several units have been updated in the past two years, including new flooring, fresh paint, and other interior upgrades. Current Rents: 321-1: $950 321-2: $750 321-3: $725 323-1: $960 323-2: $825 323-3: $750 This multifamily investment offers a unique opportunity to own a well-maintained, income-generating property in a growing market. Please reach out today with any questions!

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
Size4,126 sqft
BasementYes
Year built1870
MLS #6673297

Summary

  • MLS Number: 6673297
  • MLS Name: NORTHSTAR
  • Office Name: Financially Free, LLC

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Last updated on: 2/21/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$525,000

321 Warren St

$6,234

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$383,200$5,194
2023$383,200$2,544
2022$353,900$4,788
2019$280,000$4,514
2017$268,500$4,598

History based on county public records data.

Nearby schools

6

Jefferson Elementary School

Public District KG-5

0.6 mi

100 James Ave

7

Roosevelt Elementary School

Public District KG-5

0.9 mi

300 W 6th St

7

Bridges Community Elementary School

Public District KG-5

0.9 mi

320 Garfield Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,507. The majority of Mankato, MN residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

70%
<35k
28%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

82%
Single, No Kids
6%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
2%
12-17 yrs old
61%
18-34 yrs old
24%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • UFCUFC
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Family DollarFamily Dollar
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Burger KingBurger King
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 321 Warren St in Mankato, MN and zip code 56001. This 4,126 square foot home was built in 1870. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $525,000.

In January 2025, from all listings sold in Mankato, MN there were more than 3 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. In January 2025 in Mankato, MN there were 3.9% less homes for sale than in December. The median list price of listings available in January 2025 was $310,000, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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