303 N Broad Street, Mankato, MN 56001

Mankato
Local realty services provided by:ERA Gillespie Real Estate
303 N Broad Street,Mankato, MN 56001
$390,000
  • - Beds
  • 1 Baths
  • 4,911 sq. ft.
  • Multi-family
  • Active
Listed by: tyler bolduan
Office: re/max dynamic agents
MLS#:7039998
Source:MN_RASM

Price summary

  • Price:$390,000
  • Price per sq. ft.:$79.41

About this home

Turnkey 4-unit investment opportunity in the heart of downtown Mankato. This 4,000+ sq ft property includes one 2-bedroom unit and three 1-bedroom units, all with full bathrooms, generating $3,075/month in rental income. Tenants pay electric and Wi-Fi, helping offset owner expenses. Newer roof (2019). The 2-bedroom unit features a dishwasher, and all units offer some cosmetic updates. Additional highlights include shared on-site laundry on first floor, tall/vaulted ceilings, and two porches for extra storage. Located just minutes from downtown amenities, this property offers strong rental appeal and consistent occupancy potential. 24-hour notice to tour. Call for a private showing.

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Home facts

  • Listing ID #:7039998
  • Added:28 day(s) ago
  • Updated:May 16, 2026 at 02:55 PM

Rooms and interior

  • Total bathrooms:1
  • Basement Description:Stone
  • Living area:4,911 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Asphalt Shingles
  • Building area:4,911 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Corner Lot, Paved Streets, Tree Coverage - Light
  • Architectural Style:4-plex
  • Construction Materials:Brick
  • Foundation Description:Frame/Wood
  • Levels:2 Story

Utilities

  • Water:City
  • Sewer:City Sewer

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$79.41
  • Tax amount:$5,520

Parking

  • Parking description:Detached Garage

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