For sale

$144,900

Est. $971/mo —

•

1,056

sq ft

118 E Spring St, Mankato, MN 56001

About this home

Why rent when you can own? This affordable home offers the perfect opportunity to start building equity instead of paying rent. Or looking for a prime business location? Offered for sale for the first time ever, this home has been lovingly cared for by the same family for generations. The current owner has already invested in the major updates, giving youpeace of mind for years to come. Improvements include maintenance-free siding, a newer roof, Renewal by Andersen® windows, newer flooring, new furnace, newcentral air, newer appliances, and more! Just needs your cosmetic touches! Enjoy a bright living room filled with natural light, a formal dining room, and a spaciouskitchen. The home was originally designed with main-floor laundry, making it easy to relocate the washer and dryer if desired. Upstairs, the story-and-a-half layoutfeatures a comfortable primary bedroom plus a second walk-through bedroomideal for a nursery, home office, walk-in closet, or guest space. The basement offerslaundry, abundant storage, and a stand-alone shower. Outside, you'll find two storage sheds, providing plenty of space for lawn equipment, tools, and seasonal storage. Small in size but big on value, this well-maintained home combines generations of pride in ownership with thoughtful updates, making it an excellent opportunity for first-time buyers or anyone looking for an affordable place to call home. Long driveway for off-street parking. In close proximity to downtown Mankato.

Single-familyProperty Type

1896Year Built

2,395 sq ftLot Size

$137Price/Sq.Ft.

Listed by Kelly Miller • Executive Associates Realty

Listing updated: Sep 29, 2026 at 02:58pm

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7115697

Payment calculator

$971 per month

Principal and interest$820

Property taxes

$88

HOA dues

Home insurance

$63

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Franklin Elementary School

Public PreK-5 • Assigned • 0.4mi

9/10

Prairie Winds Middle School

Public 6-8 • Assigned • 2.9mi

6/10

Mankato East Senior High School

Public 9-12 • Assigned • 2.1mi

6/10

Provided by GreatSchools

About Riverfront

Park

Riverfront Park, located between Downtown Mankato and the Minnesota River, is a parkland and trail-linked Mankato neighborhood with broad river views and a steady calendar of outdoor events. The neighborhood’s character concentrates at the Riverfront Park amphitheater lawn, where festival stages, food trucks, and picnic blankets set the tone. The Red Jacket Trail and the Minnesota River Trail shape daily routines with long, flat miles for walking and biking. Nearby, Carnegie Art Center adds gallery energy, and the Blue Bricks anchors the local music circuit. Architecture shifts from civic park structures to older downtown blocks at the edges. Seasonal river levels and cottonwood shade keep the landscape in motion.

Provided by Walk Score and Local Logic

Offer insights

118 E Spring St · $144,900

Strong offer

$145K and above

75% chance or better to win

Why $145K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 32 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bedroom

Living

Dining

Interior features
Ceiling fan(s)
Hardwood floors
Separate/formal dining room
Full, unfinished basement

Bedrooms
Two bedrooms (one on the upper level)

Bathrooms
One full bathroom (main floor)

Kitchen
Refrigerator
Freezer
Microwave
Stainless steel appliances
Exhaust fan

Laundry & utility
Washer and dryer (hookup)
Laundry in basement
Dryer

Flooring
Hardwood floors

Heating & cooling
Forced air heating
Central air conditioning

Sale and tax history for 118 E Spring St

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7115697

Aug 20, 2026

Price Changed

$144,900

$137/sq ft

Jul 24, 2026

Listed

$149,900

$142/sq ft

RASM #267041004

Aug 20, 2026

Price Changed

$144,900

$137/sq ft

Jul 23, 2026

Listed

$149,900

$142/sq ft

+11

Why rent when you can own? This affordable home offers the perfect opportunity to start building equity instead of paying rent. Or looking for a prime business location? Offered for sale for the first time ever, this home has been lovingly cared for by the same family for generations. The current owner has already invested in the major updates, giving you peace of mind for years to come. Improvements include maintenance-free siding, a newer roof, Renewal by Andersen® windows, newer flooring, new furnace, new central air, newer appliances, and more! Just needs your cosmetic touches! Enjoy a bright living room filled with natural light, a formal dining room, and a spacious kitchen. The home was originally designed with main-floor laundry, making it easy to relocate the washer and dryer if desired. Upstairs, the story-and-a-half layout features a comfortable primary bedroom plus a second walk-through bedroom—ideal for a nursery, home office, walk-in closet, or guest space. The basement offers laundry, abundant storage, and a stand-alone shower. Outside, you'll find two storage sheds, providing plenty of space for lawn equipment, tools, and seasonal storage. Small in size but big on value, this well-maintained home combines generations of pride in ownership with thoughtful updates, making it an excellent opportunity for first-time buyers or anyone looking for an affordable place to call home. Long driveway for off-street parking. In close proximity to downtown Mankato.

Public record

Public record
Permits

Beds

Baths

Stories

1.5

Lot width

36 ft.

Lot depth

66 ft.

Lot size

2,396 Sq. Ft.

Year renovated

1896

Finished Sq. Ft.

926

Unfinished Sq. Ft.

—

Total Sq. Ft.

926

Year built

1896

Style

Single Family Residential

County

Blue Earth County

APN

R010907406022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 3, 2026.

May 1, 2025 • Final

Residential water heater/water conditioning

Remove and replace an existing water softener.

Plumbing

Water heater

Jan 13, 2025 • Final

Residential reroof

Tear off existing roofing material to the roof decking and install a new EPDM rubber membrane.

Roofing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Mankato, MN • 56001

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

67/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

8.4 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 118 E Spring St

$142,227

$2,673 under list price of $145K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $215K.

SOLD SEP 24, 2026
$215,000 Last sold price
3 beds1 bath1,460 sq ft
601 Wall St, North Mankato, MN 56003
$10/sq ft
larger lot
24 years newer
SOLD AUG 27, 2026
$110,000 Last sold price
3 beds1 bath1,797 sq ft
902 N 5th St, Mankato, MN 56001
$76/sq ft
larger lot
20 years older
SOLD AUG 27, 2026
$180,000 Last sold price
6 beds2 baths2,031 sq ft
414 Madison Ave, Mankato, MN 56001
$48/sq ft
larger lot
10 years newer
SOLD JUN 24, 2026
$204,000 Last sold price
2 beds1.5 baths1,152 sq ft
801 N 4th St, Mankato, MN 56001
$40/sq ft
larger lot
4 years newer
SOLD AUG 6, 2026
$166,000 Last sold price
2 beds1 bath1,255 sq ft
702 N Broad St, Mankato, MN 56001
$5/sq ft
larger lot
20 years older
SOLD JUL 24, 2026
$214,400 Last sold price
6 beds2 baths— sq ft
112 S 5th St, Mankato, MN 56001
larger lot
10 years older

Rental earnings

Est. $1,140 per month, based on comparable rentals

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Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 118 E Spring St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 118 E Spring St

Early Access listings

Nearby similar homes

New listings for sale in 56001

More real estate resources