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303 N Broad Street Mankato, MN 56001

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$390,000

4-plex, Multi-Family - Mankato, MN

Type:Multi Family
Property size:
4,911 SF
Lot size:
0.15 Acres
Added:
Apr 17, 2026
Days on Market:
2
Last Refresh:
Apr 18 at 9:06 am

Property Features for 303 N Broad Street

General Information

Property type
Residential Multi Family
Property subtype
Multi Family
Bedrooms
5
Bathrooms
4
Rooms
Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking
7
Interior features
Tiled Floors, Vaulted Ceilings, Walk-in Closet, # On Street Prkng Sp (l), # Off Street Prkng Sp (l), Tiled Floors, # Off Street Prkng Sp (l), Hardwood Floors, Walk-in Closet, # Off Street Prkng Sp (l)
EntryLevel
Main,Upper
Basement Y/N
1
Appliances
Cooktop, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
R010907456013
Size
4,911 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
5520

Utilities

Cooling system
Central Air

Building Details

Year built
1885
Floors in Building
2
Number of units
4
Flooring type
Hardwood, Tile, Wood
Building materials
Brick
Roof type
Asphalt, Shingle
Architectural style
Other

We can help!

Listing Contact
Tyler Bolduan

Listing agent Tyler Bolduan License #40927098

Listing office RE/MAX DYNAMIC AGENTS 1720 Adams Street, 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.


Overview

Mankato Turnkey Investment Opportunity

This turnkey, four-unit investment property is located in downtown Mankato. The property, with over 4,000 square feet, features one two-bedroom unit and three one-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 expenses. A newer roof was installed in 2019. The two-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 for extra storage. Situated minutes from downtown amenities, this property offers strong rental appeal and consistent occupancy potential. The lot size is 0.15 acres and the building size is 4,911 square feet.
Property Profile Insight Report 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 investment property generating $3,075/month in rental income.; Located in the heart of downtown Mankato, minutes from amenities.; Tenants pay electric and Wi‑Fi, offsetting owner expenses.
More about this property
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