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412 Holly Lane

Mankato, MN 56001

– beds
– baths
2,400 sqft
$539 per sqft
1969 build
– on site

Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater. Stylish interiors include new tile flooring, plush carpeting, and fresh paint. The kitchen boasts new cabinetry with granite countertops, while the bathrooms feature marble vanities. Each unit comes equipped with a high-efficiency washer and dryer. Additional perks include a single-stall garage with keyless entry and a private rooftop deck with maintenance free decking above the garage for outdoor relaxation. Rental incomes of $2200/month per unit. Tenants pay all utilities.

Listing courtesy of NORTHSTAR / Daniel Robinson / True Real Estate

Last checked: Checking… • Last updated Mar 19, 2025 •

MLS# 6686524 —

The Building

Year Built:

1969
New Construction:

false
Age Of Property:

56
Construction Materials:

Block, Wood Siding
Construction Materials Desc:

Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

2400.0000
Basement:

None
Basement:

false
Foundation Area:

2400
Foundation Dimensions:

2400
Building Area Total:

2400
Above Grade Finished Area:

2400

Room Dimensions

Living Area:

2400

Location

Directions:

Victory Drive to Holly Lane.
Latitude:

44.164632
Longitude:

-93.968748

The Property

Parcel Number:

R010916102005
Property Type:

Residential Income
Property Subtype:

Other
Additional Parcels:

false
Lot Size Area:

0.44
Lot Size Dimensions:

.44 acres
Lot Size Units:

Acres
Road Frontage Type:

City Street
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

6816
Tax With Assessments:

6836.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Mankato

The Community

Subdivision Name:

Scheurers Sunray Add
Assessment Pending:

Yes

Parking

Garage Spaces:

4
Garage SqFt:

336

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/18/25 Mar 18, 2025	Listed / Active	NORTHSTAR	$1,295,000

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This multifamily located in Peacepipe Park, Mankato, MN 56001 is currently for sale for $1,295,000. 412 Holly Lane is a 2,400 square foot multifamily with – beds and – baths that has been on Estately for 8 days. 412 Holly Lane is in the Peacepipe Park neighborhood of Mankato and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of East Junior High School, East High School, and Kennedy Elementary School.

Listing Courtesy of: NORTHSTAR and True Real Estate.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.