★ Veteran owned and operatedWe don’t just sell; We educate.®
← Back to search results

722 N Broad Street, Mankato, MN 56001

Status: For Sale

2 units
2,963 sq ft 2 garage spaces

$374,900

WELCOME HOME

Get to know this property.

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

The details that matter.

General Property Information for 722 N Broad Street, Mankato, MN 56001 - MLS# 7164120
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1906
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
2,963
Total Fnsh'd SqFt:
2,963
Above Ground SqFt:
2,636
Finished Above Grade:
2,636
Below Ground SqFt:
327
Finished Below Grade:
327
Garage Stalls:
2
Garage SqFt:
1,064
Main Floor SqFt:
2,636
Approx Lot Dimensions:
66 x 157
Approx Number of Acres:
0.24
Income and Expenses
Gross Income:
$42,240
Total Expenses:
$0

A closer look at the location.

See Map

This listing has been entered by the following office: American Way Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.