Beautifully maintained, turnkey fourplex fully rented with strong upside potential in a prime quiet neighborhood. This classic building features spacious units with original woodwork, coffered ceilings and abundant natural light blending vintage charm with modern comfort. All units are currently rented, making this an excellent opportunity for immediate cash flow. Additional upside available through market rents and recapturing utility expenses. This well preserved historic property is easy to rent with strong tenant appeal. Located near public transit, dining and schools. Whether you're looking to owner occupy, expand your portfolio or start with a stable multifamily property, this fourplex is a smart investment with long term growth potential.
Active
$429,900
722 S Broad St, Mankato, MN 56001
5beds
4baths
4,080sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$105/sqft
$-- HOA
What's special
Original woodworkCoffered ceilingsAbundant natural lightSpacious units
- 9 days
- on Zillow |
- 384 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 12:00pm
Listed by:
Carlos Carrera,
Re/Max Dynamic Agents
Source: RASM,MLS#: 7037192

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Boiler, Radiant, Hot Water, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Stone,Full
- Has fireplace: Yes
Interior area
- Total structure area: 4,080
- Total interior livable area: 4,080 sqft
- Finished area above ground: 2,970
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 8,848 Square Feet
- Dimensions: 56 x 158
- Features: Landscaped, Tree Coverage - Medium, Paved
Details
- Foundation area: 1110
- Parcel number: R010918156010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame/Wood, Brick
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Location
- Region: Mankato
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $428,400
- Annual tax amount: $5,778
- Date on market: 4/16/2025
- Listing terms: Cash,Conventional
- Total actual rent: 3430
- Tenant pays: Electricity, Fuel, Trash Collection, Water/Sewer
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