keithschwankl@positiverealty.com
218-330-7360
MLS# 7087211 - 100 Meadow Lane Mankato, MN 56001
Baxter Office

15244 State Hwy 371
Baxter, MN 56425
218-330-7360
keithschwankl@positiverealty.com

Nisswa Office

4820 County Rd. 77
Nisswa, MN 56468
218-963-7767
keithschwankl@positiverealty.com

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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.

True Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/21/2026 11:22:00 PM.
Equal Housing Opportunity.

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.

True Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/21/2026 11:22:00 PM.
Equal Housing Opportunity.

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.

True Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/21/2026 11:22:00 PM.
Equal Housing Opportunity.

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.

True Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/21/2026 11:22:00 PM.
Equal Housing Opportunity.