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    Mankato Turnkey Investment Opportunity Title is generated by Realmo AI

    303 N Broad Street, Mankato, MN 56001

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    Claim this Listing
    For Sale
    $390,000

    MULTI_FAMILY - Mankato, MN

    Property size:
    4,000 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $97/SF
    Added:
    Apr 17, 2026
    Days on Market:
    53
    Last Refresh:
    Jun 8 at 2:06 pm

    Property Features for 303 N Broad Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Basement, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
    Interior features
    Main Floor Laundry
    Exterior features
    Driveway - Concrete
    Standard status
    Active
    APN
    R010907456013
    Size
    4,000 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    legal to govern
    Tax Annual Amount
    5520

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1885
    Floors in Building
    2
    Number of units
    4
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Tyler Bolduan

    Listing agent Tyler Bolduan License #40927098

    Listing office RE/MAX DYNAMIC AGENTS 1720 Adams Street Suite 100, Mankato, MN

    Listing date Apr 17, 2026

    MLS# 7039998 Listing URL

    Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey 4‑unit property with 1 two‑bedroom unit and three one‑bedroom units in downtown Mankato
    • 4,000+ sq ft building generating $3,075/month in rental income (tenants pay electric and Wi‑Fi)
    • Newer roof installed in 2019
    • Shared on‑site laundry available on the first floor; main floor laundry
    • Tall/vaulted ceilings and two porches providing extra storage
    • Oil heating; concrete driveway; shingle roof

    Overview

    This turnkey four-unit investment property is located in the heart of downtown Mankato. The 4,000+ sq ft property features one 2-bedroom unit and three 1-bedroom units, each with a full bathroom. The property generates $3,075 per month in rental income. Tenants are responsible for electric and Wi-Fi, which helps to offset owner expenses. A newer roof was installed in 2019. The 2-bedroom unit includes a dishwasher, and all units have received some cosmetic updates. Additional features include shared on-site laundry on the first floor, tall/vaulted ceilings, and two porches that provide extra storage. The property is situated minutes from downtown amenities, offering strong rental appeal and consistent occupancy potential. The lot size is 0.15 acres. Owner occupants are welcome, and the bottom two units will be available in August. This property is located in Blue Earth County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.997826
    Latitude
    44.168056

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in downtown Mankato generating $3,075 monthly income.
    Where is this quadplex located?
    The property is located at 303 N Broad Street Mankato, MN.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Turnkey 4‑unit property with 1 two‑bedroom unit and three one‑bedroom units in downtown Mankato; 4,000+ sq ft building generating $3,075/month in rental income (tenants pay electric and Wi‑Fi); Newer roof installed in 2019
    More about this property
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