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$374,900

Est. payment - /mo

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3 Beds

2 Baths

2,636 SqFt

New

722 N Broad Street Mankato, MN 56001

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Jeremy Moore

hello@jeremymoore.homes +1(651) 895-9324

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,636 sqft

Price per Sqft $142

Subdivision Mn

MLS Listing ID 267041857

Style Duplex - Up & Down

Bedrooms 3

Full Baths 1

Construction Status Previously Owned

Abv Grd Liv Area 2,636

Annual Tax Amount $3,914

Tax Year 2026

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 66x157

Property Sub-Type Multi-Family

Property Description

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 utilities, helping minimize ownership expenses. Electricity is separately metered, while gas, water/sewer, and refuse expenses are allocated between the units according to their leases. Additional highlights include beautiful original-style woodwork, spacious living areas, a covered porch, upper-level balcony, detached garage, additional outbuilding, and generous yard space. With extensive renovations, major improvements already completed, and established rental income, this property offers an outstanding opportunity to own a well-maintained, income-producing duplex in Mankato! Schedule your private showing today! 24 hour notice for showings.

Location

State MN

County Blue Earth County

Area Mankato Central

Direction N

Rooms

Basement Partially Finished

Interior

Heating Boiler

Appliance Dishwasher, Range/Stove, Refrigerator

Exterior

Exterior Feature Metal

Parking Features Detached

Garage Description Detached

Roof Type Asphalt Shingles

Building

Story 2 Story

Foundation 1017

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District Mankato #77

Others

Energy Description Natural Gas

Listed by AMERICAN WAY REALTY

Nearby Locations

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA