100 Meadow Lane, Mankato, MN 56001
Status: Sold
$270,500
WELCOME HOME
Get to know this property.
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.
The details that matter.
A closer look at the location.
From Hwy 14, exit onto Victory Dr south and go about 1.5 miles past River Hills Mall. Turn left on Stadium Rd for 0.3 miles, then right on Warren St and continue 0.5 miles. Turn left on Meadow Ln; 100 Meadow Ln is on the left.
This listing has been entered by the following office: True Real Estate
The data relating to real estate for sale on this web site comes in part from the 
Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the or the 
and detailed information about them includes the name of the listing brokers.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.