314 E  Cherry St, Mankato, MN 56001
OFF MARKET

$255,300

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,012 sqft

314 E Cherry St, Mankato, MN 56001

Est. Refi. Payment $1,600/mo*
Refinance Your Home
Currently Off Market - Sold Apr 3, 2025 for $245,000

Home Value

Trulia Estimate
$255K
Since last month
Increased$300 (+0.1%)
Since last year
Increased$7K (+2.7%)
Since last sale
Increased$10K (+4.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +38% in the last 10 years
MonthEstimated value
2026
August 2026$255K
August 2026$255K
July 2026$255K
June 2026$256K
May 2026$258K
April 2026$255K
March 2026$253K
February 2026$253K
January 2026$253K
2025
2024
2023
2022

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Multi-Family Home
$214,400
07/24/26
6
2
2,107
0.86
Multi-Family Home
$159,000
02/10/26
2
2
1,296
3.94
Multi-Family Home
$579,900
04/16/26
6
6
3,600

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$521,400
2
10
-
Off Market
0.06
$136,100
2
1
1,270
Off Market
0.06
$133,600
2
1
1,271
Off Market
0.16
$344,100
4
-
-
Off Market
0.16
$291,000
3
1.5
2,576
Off Market
0.15
$500,000
9
5
3,000
For Sale
0.25
$174,700
4
1
2,578
Off Market
0.25
$264,800
3
1
2,104
Off Market
0.26
$219,900
4
3
2,238
Recently Sold
0.21
$599,000
4
4
3,820
For Sale
0.23
$240,000
4
2
3,003
Recently Sold

Local Information

  • Map ViewExplore the area around 314 E Cherry St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1904
2,012 sqft
$127/sqft
Open Parking

About this House

Tri-Plex with a solid rental history and great cash flow! This tri-plex offers one 3 bdrm, one 2 bdrm, and one studio apartment. Tenants pay all of the utilities. There are six stalls off street parking. Unit #1 has access to the basement and laundry hook-ups. Gross rents are $2700/month. Each unit has it's own furnace. Top floor has C/A.
314 E Cherry St, Mankato, MN 56001 is a 5 bedroom, 3 bathroom, 2,012 sqft multi-family built in 1904. It last sold for $245,000 on Apr 3, 2025 (9% below the $269,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $255,300, with a rent estimate of $1,816/month.
Last check for updates: about 11 hours ago
Listed by Kevin Goettl, (651) 500-4720
RE/MAX Results
Bought with: Kevin Goettl, (651) 500-4720, RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID, MLS#6649557

Home Details for 314 E Cherry St

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2012 Square FeetFoundation Area: 957
Appliances & Utilities
Laundry: In Basement
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years Asphalt PitchedPatio / Porch: Covered, Side PorchFoundation: Stone
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Concrete,Shared Driveway
Frontage
Road Frontage: City Street, Curbs, Sidewalks, Street Lights, Storm SewerRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Surface & Elevation
Topography: Level
Finished Area
Finished Area (above surface): 2012 Square Feet

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1904
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Construction Materials: FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: R010918176022

Price & Status

Price
List Price: $269,900
Status Change & Dates
Off Market Date: Thu Jan 16 2025

Location

Direction & Address
City: MankatoCommunity: Warrens Add
School Information
High School District: Mankato

Building

Building Area
Building Area: 2012 Square Feet

Lot Information

Lot Area: 3267 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: All Utilities, Broadband, Cable TV, Electricity, Gas, Heat, Hot Water, Telephone, Sewer, Snow Removal, Trash Collection, Water

Rental Terms, Policies & Fees

Owner Pays: Insurance, Repairs, Management, Taxes

Miscellaneous

BasementMls Number: 6649557Above Grade Unfinished Area: 2012

Price and Tax history

DateEventPrice
Apr 3, 2025
Source: NorthstarMLS as distributed by MLS GRID #6649557
Sold
$245,000
Jan 16, 2025
Source: NorthstarMLS as distributed by MLS GRID #6649557
Pending
$269,900
Jan 15, 2025
Source: NorthstarMLS as distributed by MLS GRID #6649557
Listed For Sale
$269,900

Market trends in Mankato

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$297K
$13.17K
MoM
Sale-to-List Price
100.2%
0.3%
MoM
Price per sq ft
$148
$3
MoM
Available listings
172
23
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Mankato

At least 172 Trulia users voted on each feature.
  • 90 % Say it's dog friendly

  • 86 % Say parking is easy

  • 82 % Say car is needed

  • 76 % Say yards are well-kept

  • 76 % Say there's holiday spirit

  • 75 % Say there are sidewalks

  • 67 % Say kids play outside

  • 64 % Say people would walk alone at night

  • 56 % Say streets are well-lit

  • 56 % Say it's quiet

  • 53 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 46 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Steph23prieto
    "Right in middle downtown, and itโ€™s always something going on "
  • Trevor Haman
    "Safe area and great surrounding communities and schools. Affordable, a lot of shopping options and can get anywhere in town within 10 mins "
  • Elisa L.
    "I have a short drive by car with very light traffic. There are buses but I donโ€™t need them. My son gets rides to and from work by a transportation company. "
  • Ehnienkerk
    "It is quiet, the neighbors are friendly and helpful. It is close to a lot of popular places in Mankato."
  • Ashley G.
    "they dont like big dogs and it's hard to find anywhere to live if you do own a large dog. other then that it is a nice neighborhood as long as you dont do drugs. "
  • Kristen P.
    "There are lots of people going for walks with their families or walking their dogs. Itโ€™s a very bike friendly community. "
  • Natasha L.
    "nice neighborhood and very welcoming to the area close to schools and grocery stores and work......... "
  • Craytone27
    "I've lived in this neighborhood over5 years and don't know my neighbors names. Most of them don't even speak. A few of them do wave to me when I wave and say hello to them. so I stay inside when I'm not going out. There are a lot of big buildings or companies around here.B ig trucks delivering products are always around here blocking my driveway. I just don't think it is a good neighborhood, especially to raise kids. "
  • Ruaa
    "Nice to live and settle down . Suitable for family.many jobs available. Good school.safe neighborhood."
  • M S.
    "public transportation is easy to navigate and circles frequently, lots of parking. most things are close enough you could even walk if needed. I regularly walk to work."
  • M S.
    "I work just a few blocks from home, I frequently walk or ride my bike. If I bike I remember to bring a strong lock, because bike theft is an issue around here. "
  • M S.
    "The artist community here is awesome. lots of local talent, and events going on all the time. Really great area for college students. "
  • Ruaa
    "We have safe and friendly neighborhoods. Suitable for families and students. There is MSU university and couple of community colleges. Many lakes to fish or trip around. "
  • Ruaa
    "Safe neighborhood, good school rating, well maintained road and sidewalks, quite, and full of activity for kids."
  • Laura Gunova
    "Friendly neightbors. Close to pharmacy, gastaron, restaurantes, movie teather quiet, park walking areas"
  • Chickadee6979
    "my neighborhood is very quiet and has nice people as neighbors. Lots of people decorate for holidays which is a nice touch."
  • Ericka M.
    "Quiet but close enough to everything that you don't feel too far from everything. This neighborhood is one of the best I've lived in."
  • Sharon
    "Music & arts throughout spring, summer, and fall. There are also bike & walking trails, for hosting competitive events"
  • Doglovingmedic
    "There are public buses and taxi service. Commute is light. No rush hour traffic. Easily drive anywhere quickly. Lots of round abouts to reduce crash rates. "
  • Isaaclhorn
    "not many other dogs for their dog to meet and play with, also not very many dogs for people's dogs to play with "
  • Smokinalice
    "People here are just nice, for no discernable reason. You get acknowledged by nearly everyone you pass on the street and cashiers will, on occasion, cover the remaining balance of your purchase if it's under ten cents. It's just super low key and pleasant."
  • Akdimportantemail
    "its low income and the kids are just awful plus it's by a college with 40k coming and going for the school yr. "
  • Kaywahmae
    "Iโ€™ve lived here for almost a year. Itโ€™s a decent place for college kids or someone just starting out. "
  • Molly P.
    "lived in Wash Park neighborhood for 3 years. it's always bustling with people. the park is a good place for kids to go in summer. historic and beautiful homes in the area."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-04 01:03:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 314 E Cherry St

  • What is 314 E Cherry St estimated to be worth?
    Trulia's estimated value for 314 E Cherry St in Mankato, MN is $255,300.
  • What is the price history for 314 E Cherry St?
    314 E Cherry St in Mankato, MN last sold for $245,000 in April 2025.
  • Is Mankato a buyer's or seller's market?
    Mankato is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Mankato?
    The median sale price in Mankato is $297K. That is up $13.17K from the prior month.
  • Does 314 E Cherry St have laundry facilities?
    Yes, 314 E Cherry St in Mankato, MN has laundry facilities.
  • Does 314 E Cherry St have parking?
    Yes, 314 E Cherry St in Mankato, MN has on-site parking.

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