Search
8-Unit Apartment Building
For Sale
Contact for pricing

415 S Broad Street, Mankato, MN 56001

Eight apartments offer four- and five-bedroom layouts suited to student and family occupancy.

Property Size3,114 SF
Price / SF$642.26
Days on Market17

Property Features for 415 S Broad Street

General Information

Standard status Active
Size 3,114 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Public Transit Yes
Multifamily Units 8

Building Details

Year Built 1900
Buildings 1
Stories 2
Units 8
Listing Agency: Keller Williams Premier Realty - Rochester
Listed By: Shawna Wolfe · License #20215401
Source: Crexi
Added: Jul 27 Changed: Aug 9 Last Checked: Aug 10 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premier Realty - Rochester

Investment Insights

Based on property information with market context.

This apartment property at 415 S Broad Street in Mankato includes eight units with four- and five-bedroom configurations. The larger layouts support student groups and families requiring multiple bedrooms, providing flexibility across the resident mix. Built in 1900, the property is currently fully leased through 7-14-2027.

The building is positioned near local amenities, transit routes, and Minnesota State University, Mankato. Its unit mix and existing lease status provide a defined multifamily operating profile for a buyer seeking an occupied apartment asset.

Key Highlights

  • 8‑unit apartment property
  • Unit mix includes 4- and 5‑bedroom apartments
  • Fully leased through 7‑14‑2027

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Storage Facility Barber Shop Locksmith Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,673
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Eight apartments offer four- and five-bedroom layouts suited to student and family occupancy.
Where is this apartment building located?
The property is located at 415 S Broad Street Mankato, MN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8‑unit apartment property; Unit mix includes 4- and 5‑bedroom apartments; Fully leased through 7‑14‑2027
(507) 420-1877 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message