Brick Duplex with Triple
For Sale
$250,000
616 N Broad Street, Mankato, MN 56001
Residential Income, Mankato, MN
Property Size2,358 SF
Lot Size0.15 Acres
Price / SF$106.02
Days on Market50
Property Features for 616 N Broad Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Basement
Parking features
Garage - Detached, Driveway, Garage
Exterior features
Brick/Stone
Subdivision
Mankato
Lot features
Tree Coverage - Medium, Underground Utilities
High school district
Mankato
Directions
Head west on Madison Ave, turn left onto N. 4th Street, turn right onto E. Elm Street, turn right onto N. Broad Street, house is on the west side of the street.
Standard status
Active
APN
R010907409017
Size
2,358 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3322
Utilities
Heating system
Forced Air
Amenities
in-unit washer and dryer
backyard
walk-up attic
Building Details
Year built
1884
Building materials
Frame
Roof type
Shingle
Listing Agency:
True Real Estate
(507) 345-8783
Listed By:
Michelle Starkey
(507) 317-6259
Added: Aug 5
Changed: Sep 19
Last Checked: Sep 23 at 9:06PM
MLS# 7121097
Copyright © 2026 Northstar MLS. 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.
Built in 1884, this 2,358-square-foot duplex has an up-and-down configuration with two bedrooms and one bathroom in each unit. The property retains an original brick exterior, detailed woodwork, tall ceilings, and other period architectural elements, while separate utilities and individual washers and dryers serve each residence. Forced-air heat supports the building, and a walk-up attic adds storage. A detached triple garage, driveway, and large backyard provide additional utility on the 0.145-acre lot.
Recent improvements include windows, the shingle roof, and gutters, all updated approximately four years ago. The exterior spire was painted during the same period, and interior updates include ceiling fans and light fixtures. Located at 616 N Broad Street in Mankato, Minnesota, the property combines historic construction with documented updates and dedicated parking and storage.
Recent improvements include windows, the shingle roof, and gutters, all updated approximately four years ago. The exterior spire was painted during the same period, and interior updates include ceiling fans and light fixtures. Located at 616 N Broad Street in Mankato, Minnesota, the property combines historic construction with documented updates and dedicated parking and storage.
Key Highlights
- 2,358‑square‑foot duplex built in 1884
- Two units, each with 2 bedrooms and 1 bathroom
- Separate utilities and individual washer and dryer for each unit
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,606
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Up-and-down units include separate utilities and dedicated laundry, supporting straightforward rental operations.
Where is this duplex located?
The property is located at 616 N Broad Street Mankato, MN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,358‑square‑foot duplex built in 1884; Two units, each with 2 bedrooms and 1 bathroom; Separate utilities and individual washer and dryer for each unit
