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About This Home

This 4-bedroom, 3-bathroom single family at 100 Meadow Lane in Mankato, MN is listed for $379,995 ($126 per sqft). Built in 1968, the home offers 3,026 sqft of living space on a 0.17 acres lot.

Agent Description

Rare opportunity with built-in income potential, main-level living, and unmatched flexibility! This standout property offers 4 bedrooms, 3 baths, and a highly adaptable layout designed to fit a wide range of lifestyles and investment strategies. Currently used as a single-family home, it functions beautifully as such while offering an easy conversion to an income-producing property if desired.

The main level features two expansive living areas, three bedrooms, and convenient main-floor laundry—making it an excellent option for those seeking true main-level living without sacrificing space. A walk-through bath

connects directly to the primary suite, adding both comfort and functionality.

The lower level takes this home to another level with a private exterior entrance and a fully equipped setup including a full kitchen, large living/family room, bedroom, bonus room, second laundry area, and a ¾ bath with

tiled shower—perfect for extended living or maximizing rental potential.

What truly sets this property apart is its ACTIVE RENTAL LICENSE—ready for immediate use. Whether you're looking to owner-occupy while generating income, expand your investment portfolio, or simply enjoy the flexibility

of additional living space, this property is positioned to deliver. Licensed, flexible properties close to amenities like this are rarely available and highly sought after – don’t miss out! Key updates include a new roof (2022), furnace (2018), and siding (2010), offering added peace of mind. Outside, you’ll find a fenced yard and a shed with electricity—ideal for storage, hobbies, or a workspace.

Located just minutes from campus, shopping, and dining, this property combines location, functionality, and income potential in one compelling package.

Key Features

  • Built in 1968
  • 0.17 acre lot

Property Details

1 half
1968

Monthly Cost Estimate

$2,032/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,647
Insurance$111

Estimates only. Actual payments may vary.

Location

100 Meadow Lane

Mankato, MN 56001

Meurers Sub

Features & Amenities

Exterior Features

Vinyl

Property Details

Construction

BlockConcreteFrame

Parking

GarageGarage - Attached

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 100 Meadow Lane is listed at $379,995 ($126/sqft). The estimated monthly payment is $1,647 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.17 acre lot. Exterior Features: Vinyl.

This property is listed by Jeremy Tubbs and can be reached at 5073176259 or jeremy@truerealestatemn.com.

JT

Jeremy Tubbs

Agent at True Real Estate

(507) 317-6259

Listed by True Real Estate · View on Broker Site

MLS# 7087211· Source: listhub· Updated 1 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

100 Meadow Lane, Mankato, MN 56001

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