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  • $429,900

    722 S Broad St, Mankato, MN 56001

    5beds
    4baths
    4,080sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Original woodworkCoffered ceilingsAbundant natural lightSpacious units
    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.
    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#: 7037192MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 722 S Broad St.

    Next available tour time:Tomorrow at 12pm

    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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