Tucked away on a cul-de-sac in the heart of Mankato, this rare and versatile investment opportunity is packed with character, space, and endless potential! Situated on TWO parcels, this expansive 4 bedroom, 2 bathroom property offers an incredible blend of charm and functionality with soaring tall ceilings, spacious rooms, and abundant natural light throughout. The home features updated appliances, generous living areas, and a flexible floor plan perfect for investors, owner-occupants, or multi-generational living. With kitchens already located on both the main and second floors, the property has excellent duplex potential with the simple addition of a couple doors, creating an outstanding opportunity for separate living spaces. Outside, you’ll love the backyard offering endless room for entertaining, gardening, or future expansion, along with a large back deck perfect for summer gatherings and relaxing evenings. A detached garage adds even more convenience and storage space. Located close to shopping, restaurants, parks, and schools, this unique property combines investment potential, classic character, and everyday functionality all in one impressive package!
The Prairie, located between U.S. Highway 14 and Madison Avenue, is a residential and commercial Mankato neighborhood with broad open skies and newer subdivision streets. The neighborhood’s energy concentrates around the Madison Avenue corridor near the Highway 14 ramps, where big-box storefronts, casual eateries, and service counters set a practical, errands-first rhythm. Housing trends contemporary, with townhomes and newer single-family builds arranged along curving roads and sidewalks. Wide arterials and multi-use paths shape daily movement, with parks and school campuses acting as visual anchors. Nearby retail clusters keep routines local, while the landscape stays flat and expansive at the edges.
Provided by Walk Score and Local Logic
Offer insights
129 W Ruth St · $182,900
$183K and above
75% chance or better to win
Why $183K+ is a strong offer
DAYS ON MARKET
111 days
The average home goes pending in 27 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Hardwood floors
Full, unfinished basement
Separate/formal dining room
3 bedrooms on one level
Bedrooms
4 bedrooms (three upper-level bedrooms; one main-level bedroom)
Bathrooms
Main-level full bathroom
Upper-level three-quarter bathroom
Kitchen
Range
Refrigerator
Laundry & utility
Washer/dryer hookup
Gas water heater
Flooring
Hardwood floors
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Deck
Wood exterior
City street and paved street frontage
Located on a cul-de-sac
Lot dimensions 137 x 150 x 45 x 155
Home design
Residential property
Two levels
Parking
1-car garage (approx. 22 x 14)
Construction
Frame construction
Asphalt roof
Stone foundation
Built with an 884 sq ft foundation area
Utilities
City water connected
City sewer connected
Natural gas
Electricity and solar
View estimated energy costs and solar savings for this home
Calling all DIYers, hobbyists, and buyers looking for a true fixer-upper with incredible potential! Situated on two in-town lots at the end of a quiet cul-de-sac, this home offers the opportunity to build equity while creating a space that's uniquely yours. The home is fully livable, allowing you to tackle projects over time rather than all at once. It does need major exterior updates, including siding, windows, roof, and gutters, along with cosmetic improvements inside, making it an excellent fit for someone who enjoys restoring and improving a home. Inside you'll find spacious rooms, tall ceilings, abundant natural light, and a fully finished, carpeted third-floor bonus space that offers endless possibilities as a playroom, family room, hobby area, home office, or a non-conforming bedroom or guest space. Outside, the oversized double lot provides plenty of room for gardening, entertaining, pets, or future projects, while the detached garage offers additional storage and workspace. Conveniently located near schools, parks, shopping, and restaurants, this property is perfect for buyers who appreciate character, have a vision, and want the chance to restore a home while building lasting equity. Bring your ideas, your toolbox, and your imagination—homes with this much space, flexibility, and potential don't come along often!
NORTHSTARMLS as Distributed by MLS Grid #7070860
Jun 17, 2026
Price Changed
$182,900
$87/sq ft
Jun 1, 2026
Price Changed
$187,000
$88/sq ft
May 20, 2026
Price Changed
$190,000
$90/sq ft
May 7, 2026
Listed
$199,900
$95/sq ft
Public Records
Oct 13, 2015
Sold
$100,100
$47/sq ft
Public Records
Feb 1, 1993
Sold
$56,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,244 (+11.9%)
$25,000 + $160,400
$185,400
2025
$2,006 (−30.6%)
$25,000 + $150,700
$175,700
2024
$2,892 (+14.8%)
$25,000 + $188,100
$213,100
2023
$2,520 (+19.9%)
$19,400 + $157,000
$176,400
2022
$2,102 (−27.9%)
$19,400 + $116,100
$135,500
2021
$2,914 (+3.4%)
$19,400 + $110,400
$129,800
2020
$2,818 (+45.6%)
$19,400 + $104,600
$124,000
2019
$1,936 (−16.9%)
$19,400 + $104,500
$123,900
2018
$2,330 (+12.1%)
$16,700 + $94,100
$110,800
2017
$2,078 (+37.4%)
$16,700 + $81,500
$98,200
2015
$1,512 (+29.2%)
$16,700 + $85,600
$102,300
2014
$1,170 (−2.2%)
$16,700 + $77,600
$94,300
2013
$1,196
$16,700 + $77,600
$94,300
Public record
Beds
4
Baths
2
Stories
2
Lot width
55 ft.
Lot depth
157 ft.
Lot size
8,625 Sq. Ft.
Year renovated
1920
Finished Sq. Ft.
1,768
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,768
Year built
1920
Style
Single Family Residential
County
Blue Earth County
APN
R010905352003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being 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)
24
7
32
14
51
29
59
38
72
49
80
61
83
65
79
61
78
56
66
45
45
31
31
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 129 W Ruth St
$176,927
$5,973 under list price of $183K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $150K to $340K.