303 N Broad Street Mankato, MN $ 349,900
303 N Broad Street
$ 349,900
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303 N Broad Street

Mankato, MN, 56001
$ 349,900
Bedrooms5 Baths4.0 Sq 3,706

Monthly Estimate*

$ 2,417

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Multi-Family Home for sale in Mankato, MN

for $349,900 with 5 bedrooms and 4 full baths. This 3,706 square foot home was built in 1885 on a lot size of 0.157.

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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Multi-Family Active

Price

$ 349,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,500

Style

Fourplex

Lot Size

0.157

Year Built

1885

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7160023

Features
General
Living Area 3706
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 1
Year Built 1885
Levels Two
Property Subtype Fourplex
Tax Year 2026
Gross Income 0
Accessibility None
County Blue Earth
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Mankato
Directions From Riverfront Drive turn east onto Plum Street. Turn left onto N Broad Street. Property is located at 303 N Broad Street.
City Mankato
High School District Mankato
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5500
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 3706
Laundry Features Main Level
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
Garage Square Feet 357
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Exterior
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.157
Building Area Total 4815
Lot Dimensions Irregular
Waterfront Y/N N
Foundation Area 1109
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Internal Only
Street Number 1 303
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* Excluded Features
List By
Tracy Sells Llc

Broker

owen@tracysells.com

Email

Affordability Calculator

$2,875
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708596 Elementary School
708778 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$349,900 Listed Price

Map


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303 N Broad Street, Mankato, MN, 56001 is a Multi-Family Home for sale at $349,900 with 3,706 sqft and a lot size of 0.157. 303 N Broad Street has 5 bedrooms, 4.0 baths, and was built in 1885. The property's zip code is 56001 which is in Mankato, MN