Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 01/16/2025

314 E Cherry St, Mankato, MN 56001

  • $246,000

    Last sold 01/16/2025 for $245K

  • —

    bed

  • —

    bath

  • 2,012

    Sqft ($122/Sqft)

Multi-family not for sale
Learn about Mankato's top local Real Estate agents

About 314 E Cherry St

Property type Multi-family
Neighborhood
Year built 1904
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Rental estimate
Property description
Tri-Plex with a solid rental history and great cash flow! This tri-plex offers one 3 bdrm, one 2 bdrm, and one studio apartment. Tenants pay all of the utilities. There are six stalls off street parking. Unit #1 has access to the basement and laundry hook-ups. Gross rents are $2700/month. Each unit has it's own furnace. Top floor has C/A.
Listed by
Listing Agent - Kevin Goettl
Listing Office - RE/MAX Results
Source: Northstar MLS mls logo
MLS#6649557 • last updated 1 year ago
Movoto checked Northstar MLS for data 21 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 6649557
Type Residential Income
SubType Triplex
Property Tax 3880
Tax Assessment 3880
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Accessibility Features None
Exterior
Construction Fiber Cement
Parking Desc Concrete, Shared Driveway
Lot Desc Public Transit (w/in 6 Blks)
Amenities / Utilities
Water Source City Water/Connected
Location
County Blue Earth
Subdivision Warrens Add
High School District Mankato
APN R010918176022
Zoning Residential-Multi-Family
Multifamily Details
Tenant Pays All Utilities, Cable TV, Electricity, Gas, Sewer, Snow Removal, Trash Collection
Owner Pays Insurance, Repairs, Taxes
Total # of Units 3
Annual Gross Income 32400
Operating Expense 11940
Expense: Manager 3240
Expense: Insurance 2400
Expense: Maintenance 1200
Expenses 8040
Expense: Other 1200
Lot/ Land Details
Road Frontage City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Present Use Yearly
$246K
Range: $221K-$270K
Last 30 days 
Rental est.: $1,360/month
Gross rent multiplier: 15.0
  • Apr 2025
    mls logo MLS # 6649557
  • Apr 4, 2025 Sold
    $245,000 (-9.2%)
  • Jan 16, 2025 Pending
    —
  • Jan 15, 2025 Listed
    $269,900
  • 314 E Cherry St
    $245K
  • Five Corners
    —
  • 56001
    $344K +15% y/y
  • Mankato
    $339K +13% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
8/10
Washington Elementary School
public Grades K-5
Mankato Public School District
4/10
Prairie Winds Middle School
public Grades 6-8
Mankato Public School District
5/10
Mankato East Senior High School
public Grades 9-12
Mankato Public School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Five Corners

Explore everything this neighborhood has to offer. Learn more about Five Corners.
View homes for sale in Five Corners
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Mankato, MN

Nearby homes for sale in Mankato, MN

Newest listings in 56001

  • Real Estate
  • MN
  • Blue Earth County
  • Mankato
  • 56001
  • Five Corners
  • 314 E Cherry St
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northstar MLS. Real estate listings are marked with the Broker Reciprocity logo. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. Information Deemed Reliable But Not Guaranteed.
©2026 Northstar MLS. All rights reserved. By searching you agree to the end user license agreement.

Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com Questions can be directed by phone to 651-251-3200. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.