Fourplex With Shared On-Site
For Sale
$375,000
303 N Broad Street, Mankato, MN 56001
MULTI_FAMILY - Mankato, MN
Property SizeContact for details
Lot Size0.15 Acres
Days on Market118
Property Features for 303 N Broad Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Basement, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2
Interior features
Main Floor Laundry
Exterior features
Driveway - Concrete
Lot features
Corner Lot, Tree Coverage - Light, Paved Streets
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Directions
Park on Broad or Plum St. and enter through front door on Broad St. side.
Subdivision
MANKATO CENTRAL
Standard status
Active
APN
R010907456013
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
legal to govern
Tax Annual Amount
5520
Legal Description
legal to govern
Utilities
Heating system
Oil
Amenities
dishwasher
shared on-site laundry
tall/vaulted ceilings
two porches
Building Details
Year built
1885
Floors in Building
2
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX DYNAMIC AGENTS · RE/MAX International
(507) 387-5151
Listed By:
Tyler Bolduan · License #40927098
(507) 363-3300
Added: Apr 17
Changed: Aug 3
Last Checked: Aug 12 at 9:06AM
MLS# 7039998
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.
Investment Insights
Based on property information with market context.
Fourplex property totaling 4,000+ SF, built in 1885, offering a mix of one 2-bedroom unit and three 1-bedroom units. Each unit includes a full bathroom, and the apartments include some cosmetic updates. The bottom two units are planned to be available in August, and owner occupants are welcome. Shared on-site laundry is located on the first floor, and several units feature tall/vaulted ceilings. Exterior improvements include a newer shingle roof installed in 2019, plus two porches that provide extra storage.
303 N Broad Street is in downtown Mankato, with the property described as just minutes from downtown amenities. The home is heated with oil and includes a concrete driveway. Tenants pay electric and Wi-Fi, which may help offset owner expenses. A 24-hour notice is required to tour, and private showings can be scheduled.
Overall, this is a compact four-unit setup designed to support straightforward resident operations with shared laundry and multiple outdoor porch/storage areas.
303 N Broad Street is in downtown Mankato, with the property described as just minutes from downtown amenities. The home is heated with oil and includes a concrete driveway. Tenants pay electric and Wi-Fi, which may help offset owner expenses. A 24-hour notice is required to tour, and private showings can be scheduled.
Overall, this is a compact four-unit setup designed to support straightforward resident operations with shared laundry and multiple outdoor porch/storage areas.
Key Highlights
- 4,000+ SF fourplex with one 2‑bedroom unit and three 1‑bedroom units
- New shingle roof installed in 2019
- Shared on‑site laundry on the first floor
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex featuring shared on-site laundry on the first floor and unit mix of one two-bedroom plus three one-bedroom apartments.
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 $375,000.
What are key features of this property?
This property features: 4,000+ SF fourplex with one 2‑bedroom unit and three 1‑bedroom units; New shingle roof installed in 2019; Shared on‑site laundry on the first floor
