722 N Broad Street Mankato, MN $ 374,900
722 N Broad Street
$ 374,900
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722 N Broad Street

Mankato, MN, 56001
$ 374,900
Bedrooms2 Baths2.0 Sq 2,963

Monthly Estimate*

$ 2,589

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Multi-Family Home for sale in Mankato, MN

for $374,900 with 2 bedrooms and 2 full baths. This 2,963 square foot home was built in 1906 on a lot size of 0.24.

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

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Multi-Family Active

Price

$ 374,900

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,914

Style

Duplex Up and Down

Lot Size

0.24

Year Built

1906

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7164120

Features
General
Living Area 2963
Sewer City Sewer - In Street
Heating Boiler
Garage Spaces 2
Year Built 1906
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 42240
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 See Map
City Mankato
High School District Mankato
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3914
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 Full
Basement (Y/N) Y
Above Grade Finished Area 2636
Total Bedrooms 2
Below Grade Finished Area 327
Total Baths 2
Fuel Natural Gas
Garage Square Feet 1064
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Exterior
Water Source City Water - In Street
Lot Size Area 0.24
Building Area Total 2963
Lot Dimensions 66 x 157
Waterfront Y/N N
Foundation Area 1017
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Internal Only
Street Number 1 722
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* Excluded Features
List By
American Way Realty

Broker

Zac@mankatorealestate.com

Email

Affordability Calculator

$2,916
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,589
Monthly Property Taxes
$326
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
10/28/2026$374,900 Listed Price

Map


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722 N Broad Street, Mankato, MN, 56001 is a Multi-Family Home for sale at $374,900 with 2,963 sqft and a lot size of 0.24. 722 N Broad Street has 2 bedrooms, 2.0 baths, and was built in 1906. The property's zip code is 56001 which is in Mankato, MN