Lori Gustafson

129 W Ruth Street

Mankato, MN
$ 182,900 Beds 4 Baths 2 Sq 2,114
Monthly Estimate* How much can I afford?

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!

Single Family

  • Price
  • $ 182,900
  • City
  • Mankato
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • BLUE EARTH
  • Half Bathrooms
  • 0
  • Area
  • Sub Outlot Dukes 2nd Addition-Highwood
  • Lot Size
  • 0.198 Acres
  • Zip
  • 56001
  • Sqr Footage
  • 2,114
  • Year Built
  • 1920
  • Taxes
  • $ 2224
  • Style
  • Single Family
  • MLS#
  • 7070860
Listed By: True Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2114
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Gas Water Heater,Range,Refrigerator
Garage Spaces 1
Construction Materials Frame
Year Built 1920
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Blue Earth
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Sub Outlot Dukes 2nd Addition-Highwood
Full Baths 1
Directions From Riverfront Drive,turn west onto Ruth Street. Property is on the left.
City Mankato
High School District Mankato
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2224
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Washer/Dryer Hookup
PostalCity Mankato

Interior Features

Basement Full,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 2114
3/4 Baths 1
Total Bedrooms 4
Total Baths 2
Bath Desc Main Floor Full Bath
Dining Room Description Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 22X14
Garage Square Feet 308

Exterior Features

Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.198
Building Area Total 2998
Lot Dimensions 137X150X45X155
Waterfront Y/N No
Foundation Area 884
Road Frontage Type City Street,Cul De Sac,Paved Streets

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/8/2026 Listed $199,900
5/20/2026 5% - $190,000
6/1/2026 2% - $187,000
6/17/2026 3% - $182,900

Property vs Zip Code Average in 56001

Price
AVG $370K
$180K
Taxes
AVG $4,388
$2,224
Year Built
AVG 1973
1920
Visits
AVG 120
203
Data Provided by Inside Real Estate®

Areas That We Cover

129 W Ruth Street Mankato, MN is a Single Family Home for sale at $182900 with 2114 sqft and a lot size of 0.198 Acres Acre(s). 129 W Ruth Street Mankato has 4 bedrooms, 2 baths and was built in 1920. The property's zip code is 56001 which is in Mankato, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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