N N Broad St Mankato, MN 56001
Tourtellotte Park NeighborhoodEstimated payment $2,485/month
Highlights
- Vaulted Ceiling
- Wood Flooring
- Detached Garage
- Franklin Elementary School Rated A
- Corner Lot
- Walk-In Closet
About This Home
Owner occupants are welcome. Bottom two units will be available in August. Turnkey 4-unit investment opportunity in the heart of downtown Mankato. This 4,000+ sq ft property includes one 2-bedroom unit and three 1-bedroom units, all with full bathrooms, generating $3,075/month in rental income. Tenants pay electric and Wi-Fi, helping offset owner expenses. Newer roof (2019). The 2-bedroom unit features a dishwasher, and all units offer some cosmetic updates. Additional highlights include shared on-site laundry on first floor, tall/vaulted ceilings, and two porches for extra storage. Located just minutes from downtown amenities, this property offers strong rental appeal and consistent occupancy potential. 24-hour notice to tour. Call for a private showing.
Listing Agent
RE/MAX DYNAMIC AGENTS Brokerage Phone: 507-363-3300 License #40927098 Listed on: 04/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,520
Year Built
- Built in 1885
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 104 x 66
- Corner Lot
- Few Trees
Home Design
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 4,019 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
Kitchen
- Cooktop
- Microwave
- Freezer
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Basement
- Partial Basement
- Stone Basement
Parking
- Detached Garage
- 2 Parking Spaces Included
- Driveway
- On-Street Parking
- Off-Street Parking
Location
- Ground Level
- Upper Level
Utilities
- Central Air
- Window Unit Cooling System
- Boiler Heating System
- Gas Water Heater
Community Details
- 4 Units
- Community Storage Space
Listing and Financial Details
- The owner pays for maint/repair, water/sewer
- Month-to-Month Lease Term
- Assessor Parcel Number R010907456013
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | Price Changed | $375,000 | -3.8% | $93 / Sq Ft |
| 04/17/2026 04/17/26 | For Sale | $390,000 | -- | $97 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7039998
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Ask me questions while you tour the home.