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722 N Broad Street
Mankato MN 56001 US

$374,900

Active Listing ID 267041857
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.24 Acres
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Other

$374,900

Active Listing ID 267041857
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722 N Broad Street Fantastic investment opportunity! This extensively renovated up-and-down duplex offers an exceptional combination of modern updates, classic charm, and established rental income! Currently generating $3, 520 per month ($42, 240 annually) from the two residential units and garage rentals, this property is an excellent opportunity for investors looking to expand their portfolio. Featuring a spacious 3-bedroom upper unit and 2-bedroom main-floor unit, the property offers over 2, 600 square feet of living space. The upper unit was completely remodeled in 2026, while the main-floor unit received a beautifully remodeled kitchen and bathroom. Additional 2026 improvements include all-new exterior vinyl siding, windows, kitchen appliances, updated electrical throughout the upper unit and portions of the main floor, and a new stackable washer and dryer upstairs. Other major improvements include a new roof in 2023 and a new boiler in 2022. Both units feature portable air conditioning, and tenants are responsible for all utilities, helping minimize ownership expenses. Electricity is separately metered, while gas, water/sewer, and refuse expenses are allocated between the units according to their leases. Additional highlights include beautiful original-style woodwork, spacious living areas, a covered porch, upper-level balcony, detached garage, additional outbuilding, and generous yard space. With extensive renovations, major improvements already completed, and established rental income, this property offers an outstanding opportunity to own a well-maintained, income-producing duplex in Mankato! Schedule your private showing today! 24 hour notice for showings.

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Shingle
  • Heating Fuels: Oil
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 374900
  • unparsedaddress: 722 N Broad Street
  • postalcity: Mankato
  • stateorprovince: MN
  • country: US
  • postalcode: 56001
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.24
  • lotsizeunits: Acres
  • lotsizearea: 0.24
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.172546
  • longitude: -93.994477
  • listagentfullname: ZAC MURRA
  • listagentemail: zac@mankatorealestate.com
  • listagentkey: 3yd-RASMMN-77282
  • listagentmlsid: 77282
  • listagentpreferredphone: 5073814543
  • listagentofficephone: 5073454040
  • listofficekey: 3yd-RASMMN-81
  • listofficemlsid: 81
  • disclaimer: Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RASMMN
  • yearbuilt: 1906
  • listingcontractdate: 2026-10-22
  • listagenturl: http://mankatorealestate.com/
  • countyorparish: Blue Earth County
  • parcelnumber: R01.09.07.408.023
  • elementaryschooldistrict: Mankato #77
  • middleorjuniorschooldistrict: Mankato #77
  • highschooldistrict: Mankato #77
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bedroom 2, Bathroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 1
  • basement: Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.99448, 44.172546
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"American Way Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"zac@mankatorealestate.com", "ListBrokerageCity":"Mankato", "ListBrokerageCountry":"US", "ListBrokerageEmail":"karla@mankatorealestate.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"American Way Realty", "ListBrokeragePhone":"(507) 345-4040", "ListBrokeragePostalCode":"56001", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"Suite 104", "ListBrokerageUnparsedAddress":"510 Long St.", "ListBrokerageWebsiteUrl":"http://mankatorealestate.com/", "ListOfficeAddress1":"1650 Madison Ave SUITE 101", "ListOfficeAddress2":"Suite 104", "ListOfficeBrokerMlsId":"81", "ListOfficeCity":"MANKATO", "ListOfficeCountry":"US", "ListOfficeEmail":"karla@mankatorealestate.com", "ListOfficePostalCode":"56001", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI-FAMILY, Duplex - Up & Down, Mankato, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/722-N-Broad-St_Mankato_MN_56001_M81580-44212?f=listhub&s=RASMMN&m=267041857&c=rexren", "MLSModificationTimestamp":"2026-10-23 00:30:26", "Neighborhoods":[{"Description":null, "Name":"MANKATO CENTRAL"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3914, "TaxDescription":"CITY OF MANKATO, LOT 9 BLOCK 124 & WAITE & ROELOFSONS ADDITION, LOT 9 BLOCK 2", "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/27/2026 5:07:31 PM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: ZAC MURRA, AMERICAN WAY REALTY, zac@mankatorealestate.com

Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.