Minimum Viable Product (MVP), initially introduced for startups, permits organizations to test the market demand for a product without investing a substantial amount of resources. Due to this nature of minimizing the risks and costs in the product development, not only startups in the information system development (ISD) context but also established organizations have started to adapt MVP in product development processes. Therefore, it is critical to understand how the notions of MVP can be employed in the ISD context. This study aims to identify common characteristics of MVP in the ISD context to support ISD organizations to define a better MVP for their product development processes. A systematic mapping study was performed by defining research questions, conducting a literature search, and defining selection criteria. Finally, the study presents the most used MVP characteristics in the ISD context and suggests a better combination of characteristics together with MVP's original definition.