303 N Broad Street, Mankato, MN 56001

Mankato
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
303 N Broad Street,Mankato, MN 56001
$349,900
  • 5 Beds
  • 4 Baths
  • 3,706 sq. ft.
  • Multi-family
  • Active
Listed by: owen petersohn
Office: tracy sells llc.
MLS#:7160023
Source:NSMLS

Price summary

  • Price:$349,900
  • Price per sq. ft.:$72.67

About this home

Excellent investment opportunity in the heart of downtown Mankato! This fourplex features 4 separate units, including one 2-bedroom unit and three 1-bedroom units, with 4 full bathrooms. Two of the four units are currently occupied, providing immediate rental income. The property has a history of generating $3,000+ in monthly rental income and offers four kitchens, each equipped with an oven and refrigerator, while the 2-bedroom unit also includes a dishwasher. Additional features include vaulted ceilings, hardwood and tile flooring, on-site laundry, two porches, a 1-car garage, and a desirable corner lot. A great opportunity to add an income-producing property in a convenient downtown location.

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Home facts

  • Year built:1885
  • Subdivision & Development:Mankato
  • Listing ID #:7160023
  • Added:8 day(s) ago
  • Updated:October 23, 2026 at 12:26 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,706 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Year built:1885
  • Building area:3,706 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Corner Lot
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$72.67
  • Tax amount:$5,500 (2026)

Parking

  • Garage:Yes
  • Garage spaces:1
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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