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722 N Broad Street, 
Mankato, MN 56001

$374,900

2

Beds

2

Baths

2,963

Sq Ft

Multi-Family

Active

Listed by

Zachary Murra

American Way Realty

507-345-4040

Last updated:

November 8, 2026, 01:10 PM

MLS#

7164120

Source:

NSMLS

About This Home

722 N Broad Street

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

Home Facts

Multi-Family

2 Baths

2 Bedrooms

Built in 1906

Subdivision & Development:

Mankato

Price Summary

374,900

$126 per Sq. Ft.

MLS #:

7164120

Last Updated:

November 8, 2026, 01:10 PM

Added:

18 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,963 Sq. Ft.

Structure

Structure

Building Area:

2,963 Sq. Ft.

Year Built:

1906

Lot

Lot Size (Sq. Ft):

10,454

Finances & Disclosures

Finances

Price:

$374,900

Price per Sq. Ft:

$126 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.