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3201 & 3203 Noble Dr, Mankato, MN, 56001

6beds
6baths
2,924sqft
$599,900
$205price/sqft
$3,959/moest. monthly cost
$158,360/yrincome needed

About This Home

This property is available as a perfect investment property. Both units are currently leased! Explore the options and versatility in these new construction twin homes. Two story style with a thoughtfully designed open floor plan with maximizing space. Both units have entry with built-in coat rack and bench with storage underneath. The inviting kitchen offers great counter space complete with a stainless Whirlpool appliance package. The breakfast bar seats four alongside a dinette area. The living space also offers a patio door to the back yard where you can enjoy fresh air and sunshine. Upstairs you will find 3 bedrooms, 2 more baths and the laundry in the primary walk in closet. Features to love: airy 9’ ceilings on both the main and second levels, Lindsay windows, LVP flooring throughout for ease and durability, concrete driveway and patio, insulated garage with floor drain. Ask about the preferred lender credit and save cash today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

9/10
5/10
6/10

Construction

Condition

  • Property condition: Previously Owned

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Frame/Wood,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Range/Stove,Electric Water Heater
  • Laundry features: Unit 1: Washer/Dryer Hookups,Unit 2: Washer/Dryer Hookups

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Unit 1: Eat-In Kitchen,Walk-In Closet(s),Unit 2: Eat-In Kitchen,Walk-In Closet(s)
  • Finished area below ground: 0
  • Finished area above ground: 2,924

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Unit 1: Central Air,Unit 2: Central Air

Interior Area

  • Total structure area: 2,924
  • Total interior livable area: 2,924 sqft

Property

Details

  • Other equipment: Air to Air Exchange
  • Foundation area: 1312

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio

Lot

  • Lot size: 9,147 sqft
  • Features: Few Trees,Paved
  • Lot size dimensions: 76 x 120

Parking

  • Parking features: Concrete,Attached,Garage Door Opener
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Tornado
Heat Wave
Inland Flooding

FEMA Declared Disasters in Blue Earth County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$201$2,412
Property Taxes $479$5,748
Electricity $246$2,959
Total$3,959$47,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,737/yr
40% on housing$118,770/yr
45% on housing$105,573/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 56001$136
Blue Earth County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 56001
Blue Earth County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-02Listed for sale$599,900

For Sale by Agent

AgentREBECCA THATE
BrokerageRe/Max Advantage Plus Mankato

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