506 W Wheeler Avenue
Mankato, MN 56003
$245,000
Charming and full of character! This North Mankato home offers 2 bedrooms and 1 bathroom on the main floor, showcasing beautiful original hardwood floors, timeless woodwork, and an abundance of natural light throughout. A cozy enclosed porch connects the home and garage, creating additional functional living space and a welcoming place to relax.
The lower level features an additional bedroom, bathroom, living room, and efficiency kitchen setup, providing flexibility for extended family, guests, a home office, or rental income potential. The property currently maintains a 2-unrelated rental license, offering opportunities for both owner-occupants and investors.
Major updates have already been completed, including a new roof, boiler, and water heater within the last three years, providing peace of mind for years to come.
Conveniently located near schools, parks, shopping, and local amenities, this home blends classic character, practical updates, and versatile living options. Whether you’re looking for a place to call home or a property with income-producing potential, this one is worth a look
Listing Courtesy of: Realty Executives Associates
507-676-3950
Buyer Represented by: American Way Realty
| Listing Id: | 7090209 |
|---|---|
| List Price: | $250,000 |
| Close Price: | $245,000 |
| Close Date: | 2026-07-17 |
| Property Type: | Residential |
| Property Sub Type: | Single Family |
| Status: | Closed |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 1 |
| Bathrooms Three Quarter: | 1 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 1,976 |
| Association Fee: | $0 |
| Tax Annual Amount: | $2,567 |
| Waterfront?: | No |
| City: | Mankato |
| County Or Parish: | Nicollet |
| Subdivision Name: | Hunts Second Add |
| Postal Code: | 56003 |
| Year Built: | 1959 |
| Above Grade Finished Area: | 988 |
| Accessibility Features: | None |
| Appliances: | Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator |
| Basement: | Yes |
| Basement: | Block, Egress Window(s), Finished, Kitchenette, Shared Access, Single Tenant Access, Storage Space |
| Bathrooms Total Integer: | 2 |
| Below Grade Finished Area: | 988 |
| Building Area Total: | 2144 |
| Cooling: | Wall Unit(s) |
| Directions: | Use Maps |
| Fireplace Features: | Wood Burning |
| Fireplaces Total: | 1 |
| Foundation Area: | 988 |
| Garage Spaces: | 1 |
| Heating: | Baseboard |
| High School District: | Mankato |
| Laundry Features: | Lower Level |
| Levels: | One |
| Listing Contract Date: | 2026-06-10 |
| Living Area Units: | Square Feet |
| Lot Size Area: | 0.078 |
| Lot Size Dimensions: | 68x50 |
| Lot Size Units: | Acres |
| Amenities Unit: | Ceiling Fan(s), Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Patio, Porch |
| Assessment Pending: | Yes |
| Bath Description: | 3/4 Basement, Main Floor Full Bath |
| Dining Room Description: | Eat In Kitchen |
| DPResource: | Yes |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Garage Dimensions: | 12x21 |
| Garage Square Feet: | 252 |
| Lender Owned: | No |
| Manufactured Home: | N |
| Potential Short Sale: | No |
| Yearly/Seasonal: | Yearly |
| Rental License Type: | Standard |
| School District Number: | 77 |
| School District Phone: | 5073871868 |
| Tax With Assessments: | $2,588 |
| Parcel Number: | 185600220 |
| Parking Features: | Attached Garage |
| Postal City: | Mankato |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Single Family |
| Township: | North Mankato |
| Above Grade Sq Ft Total: | 1156 |
| Below Grade Sq Ft Total: | 988 |
| Main Level Finished Area: | 988 |
| Pending Timestamp: | 2026-06-25 |
| Total Area: | 2,144 |
| Fireplace?: | Yes |
| Exterior Features: | Other, Vinyl |
| Foundation Details: | Block |
| Rental License?: | Yes |
| School District Full Name: | 77 - Mankato |
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:23 PM - CT
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Property Last Updated: October 08, 2026 04:23 PM - CT
