722 N Broad Street, Mankato, MN 56001

Local realty services provided by:Better Homes and Gardens Real Estate Park Company
722 N Broad Street,Mankato, MN 56001
$374,900
  • 2 Beds
  • 2 Baths
  • 2,963 sq. ft.
  • Multi-family
  • Active
Listed by: zachary murra
Office: american way realty
MLS#:7164120
Source:ND_FMAAR

Price summary

  • Price:$374,900
  • Price per sq. ft.:$126.53

About this home

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...

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Home facts

  • Year built:1906
  • Subdivision & Development:Mankato
  • Listing ID #:7164120
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 05:56 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Living area:2,963 sq. ft.

Structure and exterior

  • Year built:1906
  • Building area:2,963 sq. ft.
  • Lot area:0.24 Acres
  • Construction Materials:Metal

Utilities

  • Water:City Water - In Street
  • Sewer:City Sewer - In Street

Finances and disclosures

  • Price:$374,900
  • Price per sq. ft.:$126.53
  • Tax amount:$3,914

Parking

  • Garage spaces:2