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3120 & 3122 Noble Dr, Mankato, MN, 56001

4beds
4baths
858sqft
$529,800
$617price/sqft
$3,472/moest. monthly cost
$138,880/yrincome needed

About This Home

Great opportunity for investment! Both units are have active leases. One story Twin Homes You asked—and here it is! Beautiful, brand-new one-level patio homes, ready for move-in today. These thoughtfully designed two-bedroom homes feature a well-planned open floor layout that combines comfort and functionality. Enter through the everyday entry from the attached garage, where a conveniently located closet keeps everything organized before stepping into the spacious kitchen and breakfast bar area. The inviting kitchen offers abundant counter space and includes a stainless steel Whirlpool appliance package. The breakfast bar comfortably seats four and flows seamlessly into the dinette and living areas, creating an ideal space for entertaining or everyday living. The living room feels bright and airy with 9-foot ceilings enhancing the open design. The home includes two bedrooms, including a private primary suite with a 3/4 en-suite bath and a generous walk-in closet. Features to love: Airy 9-foot ceilings, Quality Lindsay windows, Durable LVP flooring throughout for easy, maintenance, Concrete driveway, Insulated garage with floor drain. Eligible for a rental license, these homes offer flexibility for homeowners and investors alike. Looking to maximize your investment or retirement plan? Lease one side and live in the other. Call today to learn more about the comfort, value, and efficiency these new homes provide. Be sure to ask about the preferred lender credit and save cash today!

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

9/10
5/10
6/10

Construction

Condition

  • Property condition: Previously Owned

Materials

  • 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

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 4
  • Main level bedrooms: 4

Features

  • Unit 1: Eat-In Kitchen,Walk-In Closet(s),Unit 2: Eat-In Kitchen,Walk-In Closet(s),Main Floor Bedrooms
  • Finished area below ground: 0
  • Finished area above ground: 858

Heating & Cooling

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

Interior Area

  • Total structure area: 858
  • Total interior livable area: 858 sqft

Property

Accessibility

  • Accessibility features: No Stairs Internal,No Stairs External

Details

  • Other equipment: Air to Air Exchange
  • Foundation area: 858

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 9,583 sqft
  • Features: Few Trees,Paved
  • Lot size dimensions: .22 acres

Parking

  • Total spaces: 4
  • Parking features: Concrete,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 $2,678$32,136
Home Insurance *$201$2,412
Property Taxes $423$5,076
Electricity $170$2,050
Total$3,472$41,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,040/yr
40% on housing$104,160/yr
45% on housing$92,586/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

$617This listing

vs Other Active Listings

Avg $/sqft

ZIP 56001$136
Blue Earth County$133

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
2026-02-10Listed for sale$529,800

For Sale by Agent

AgentREBECCA THATE
BrokerageRe/Max Advantage Plus Mankato

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